Investors hungry for a good deal in real estate often look for a foreclosed properties. Foreclosed properties are considered a good deal, when the buyer has the funds available (cash) to repair the home and bring it back to a livable state.
There are many online sites where buyers can search for foreclosures, but most are sites created by 3rd party companies that "scrape" the data from the main data base. This is a problem because the information isn't FRESH. Properties on these sites are often already sold and closed.
It's disappointing to put so much effort into a search only to learn the property is no longer available. The best way to curtail this is to go to the source. Start your search on a data base that is current, or at least as current as a fluid market can be.
The MLS-IDX home search site created here will take you directly to the TOP 25 Foreclosures in the area. If you would like to see ALL the foreclosures just sign up to receive daily updates as the properties come on the market. It's free, no strings attached.