How would I go about finding REO properties to buy from the banks? I am not a cash buyer and would probably look at financing with FHA or similar program.[/quote]
If you just want to see what’s out there (not necessarily specific units – but you can figure out what’s in the pipeline)… foreclosureradar.com lets you do a search by zip… you can get pretty specific.
I plugged in 92107 (OB/Loma Portal) selected for “bank owned” and came up with a pretty long list. Looking at that map – and the actives on sdlookup – you can match some of them.
If you want to see what’s coming – include the “auction” properties – those are the ones that have received notice of trustee sale – but haven’t been foreclosed on yet.