Our blurb regarding foreclosures in NY that was published yesterday turned out to be rather popular.
If you are in New York, and looking for a foreclosure, you might want to look to a bank owned property (REO) rather than something from HUD. When buying from a bank, you will have the opportunity to make an offer and negotiate from that. HUD is an offer/acceptance. You won’t receive a counter offer form HUD.

There used to be a lot of bank sites that listed properties for sale. However, the banking industry has changed quite a bit. Collapse and consolidation due to the housing market has altered the sites showing available listings a bit. One of the sites that offers listings of REO properties (more than just 1 bank) is Ocwen financial.

Visit Ocwen Financial. THis is a direct link to the Ocwen NY listing page. You should be able to navigate the site beyond that to find properties in other states.

Good luck with your foreclosure search.

Related articles:

  1. Bank Owned and foreclosure property sites
  2. M&T Bank Foreclosure List
  3. National Foreclosure Service
  4. Buffalo Commercial Real Estate Search