With the flood of foreclosed homes in recent days , it’s in the interest of financial institutions to sell these properties and recoup a portion of the debt . That makes it an opportunistic time for the real estate investor and those interested in getting into the real estate investing game to look into foreclosed properties and consider the advantages of buying an excellent foreclosed home . Many foreclosed homes are significantly discounted by the lender and can be bought cheaply . Home foreclosure listings can be a valuable resource in researching the available properties. Thanks to these website home foreclosure listings, the real estate investor no longer has to scan the newspaper ads looking to unearth a diamond in the rough, or talk with as many real estate agents as time allows to ask what distressed properties they are representing . Online home foreclosure listings will save the real estate investor a lot of time and legwork. Most of these services charge a minimal fee , and compile a list of properties to be sold as foreclosures in every state , so the real estate investor can target properties with potential in his or her own community , but also in other areas of the country as well. A comprehensive home foreclosure listings service will also include additional critical information needed to form an informed offer when choosing a home , including the addresses, photos of the home , list price, and current contact information for the seller. The real estate investor should be able to search for the foreclosed homes by zip code, price , and criteria including dimensions of bedrooms or baths. Most reputable online home foreclosure listings services will also provide email alerts as new homes with possibilities for the real estate investor based on his search list become available , and RSS feeds. Some services also have hints and tips to help both in the search and in securing the house . Banks and other financial institutions are eager to move their foreclosed homes to avoid further losses, and the number of foreclosed homes available today is staggering . Instead of working to locate and research the locations, prices and statistics on these homes yourself, using home foreclosure listings is a smart resource that will streamline the work for the serious real estate investor.