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To maximize profits, you should consider broadening your perspective. The default rate on mortgages continues setting record highs. These sales offer great potential, in addition to government sales. You may also consider foreclosure auctions offering unimproved property or mineral rights. Auctions offering oil producing mineral rights attract few bidders, but do require a high degree of expertise.

The best services provide foreclosure listings for all of these property types. They also may include historical listings of formerly foreclosed properties now owned by lenders. Banks are under constant pressure from regulators to dispose of non-producing assets. REO is worth consideration. The best services offering foreclosure listings include more opportunities than you could possibly consider. Home listings alone total more than million nationwide. One of the best options these company offer, is free.

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