How Do I Find Foreclosure Properties?

We are often asked by potential buyers about the “shadow inventory” of foreclosed properties. How do you find out about the bank-owned properties that haven’t yet come on the market?

There are many homes in the process of foreclosure that will be listed in the Multiple Listing Service (MLS) at some point, but they’re not all bank-owned.

Some of them are in “pre-foreclosure” – meaning there has been a “notice of default” filed against the property owner. Others are scheduled for trustee sale. Still others have been foreclosed on or have been purchased at atrustee sale by third parties. Often these are investors who may be putting the properties on the market.

How do you get information on these properties? Check out the search tool below and let us know if you’d like additional information on any of these properties.

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About the Author

Shannon Jones has been selling real estate since 1998 and specializes in listing and marketing homes. She has consistently been one of the top Realtors in the Long Beach area. Prior to her award-winning career in real estate with the Shannon jones Team, Shannon has had successful careers in journalism and public relations. She holds a bachelors degree from UC Irvine and a masters degree from UC Berkeley. Shannon holds E-Pro, CDPE (Certified Distressed Property Expert), and PSC (Pre-Foreclosure Specialist) certifications. Shannon is very personable and maintains a very strong moral compass, always putting the best interest of home buyers/sellers above monetary goals. A California native, Shannon enjoys gardening, travel, reading, cooking and poker when she’s not selling homes MY DESIGNATIONS Lic# 01247705 | CDPE (Certified Distressed Property Expert) | E-Pro | PSC (Pre-Foreclosure Specialist) MY SERVICE AREAS Anaheim Bellflower Buena Park Carson Cerritos Cypress Downey Fountain Valley Garden Grove Huntington Beach La Palma Lakewood Long Beach Los Alamitos Los Angeles County Norwalk Orange County Rossmoor San Pedro Seal Beach Signal Hill South Bay Westminster

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