There is a ton of information on finding Maryland foreclosure listings, and lots of services that will charge you for access to their data. In fact, we have our own foreclosure property listings in Baltimore MD right here. Join our Foreclosure Property Alert List here >>
How do you tell the difference between credible information and useless marketing gimmicks with local foreclosure properties?
Some services – like foreclosure.com – are doing a great job consolidating information from many sources. Investors like us use them all the time because it is cheaper and faster to use their information rather than combing through the classifieds ourselves. But the major drawback with online services like that is that the information in them can be outdated.
You may be looking at foreclosures that other investors getting their info direct from the courthouse got weeks or months ago.
Lots of real estate agents who “specialize in foreclosures” publish their own lists, but these are often just marketing gimmicks to trade your contact info for stale goods.
There’s no harm in signing up for free lists. If the info is no good, simply unsubscribe.
You will probably spend a lot of time getting excited about properties that are already sold or no longer available, but that’s part of the learning curve when you are just starting out in the foreclosure market.
When you are evaluating a new list to see if it is worthwhile, compare the properties on the list to what is published in other lists.
If you consistently do not see any new or exclusive information on the list that you cannot get elsewhere, don’t use it.
We’re not real estate brokers, so we don’t sell information or give away crummy lists.
The properties we advertise are our own investments that we’ve picked up or have on contract. It is a short but exclusive list.
We have built a small, tight network of long-term investors who want to purchase credible investment properties in Baltimore MD.
We find deep discounts and pass them along – while keeping a reasonable return that allows us to stay in business.