Google Maps can be helpful for finding foreclosures.If you’re in the market to buy a foreclosured house despite all the hassles and long waits associated with buying one, here’s a way to find properties in your area that are either in pre-foreclosure or are already owned by a bank.
Here are the basic steps.
1. Enter an address at Google maps or "foreclosure then type in YOUR CITY. (i.e. foreclsoures Northridge)
The little red dots that then appear on the map are foreclosures that are still on the market. At least in my area, the red dots just seem to be on the blocks where foreclosures are located IN YOUR CITY.
Still, it’s a good starting point for knowing if there are foreclosures in the area you want to buy in. (You could ask your Realtor to determine where the properties are.)
Keep in mind that buying foreclosured properties is not as easy, simple and fast as buying a standard property for sale, as banks take longer to make up their mind.
For more information on how to buy foreclosed properties in Los Angeles County call 1-877 APPLYFREE.
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