Foreclosure is a term that refers to a lender repossessing a property when the homeowner hasn't kept up with their mortgage payments. Essentially, the mortgage holder (the bank, credit union or other financial institution) takes the home back, and the homeowner may lose any equity they built.

Why would I consider buying a property in foreclosure?

Investors looking for a home priced below market rates often look at foreclosures first. But, foreclosed properties are not just for investors: prospective homeowners can also benefit from buying a home for less than the market average price.

What's the difference between foreclosure, pre-foreclosure, short-sale, and bank-owned properties?

Pre-foreclosure indicates that the homeowners have been formally notified that they're in default and that the lender intends to repossess the property, but it hasn't yet been offered for sale. Foreclosure means that the home's ownership has already been returned to the lender. A short sale is when the homeowner sells the property for less than what is owed on their mortgage; this requires lender approval. Finally, if a foreclosed home doesn't sell at auction, the lender continues to own it; this is known as "bank owned" or REO (real estate owned).

Are foreclosure properties sold "as-is"?

Yes, most of the time. That means that if the home needs repairs, appliances are missing, or outright damage has been done to the property, it will usually be up to the buyer to handle that post-sale.

What are some of the downsides of buying foreclosure properties?

Besides getting a home that may need significant fixing-up, you could face a much longer timeframe to get to closing and keys in hand. You might also have to pay any back taxes or liens on the property if you're buying a foreclosure at auction.

Do I need a realtor to buy a foreclosed property?

It's not a requirement, but it's still a good idea to consider working with a realtor or a buyer's agent even with a foreclosure. They can protect your interests during the purchase, keep your expectations realistic, and help you understand the process - because buying foreclosed properties can be very different from a traditional home sale.

How can I find foreclosure properties near me?

The most efficient way to find foreclosures in your target area is with a listing service. There are several platforms that allow you to search for properties according to the criteria you prefer, from number of bedrooms to estimated sale price and much more.

Do I have to pay to view foreclosure listings?

That depends on the foreclosure listing service you choose. Some offer a free trial period but then charge you on a month-to-month basis, while others are completely cost-free to use. We recommend trying a free service first, and then consider a paid platform if you don't find what you're looking for with the complimentary foreclosure listing provider.

Best Foreclosure Listing Services for September 2026

Item: The Best Foreclosure Listing Services - Summary Reviews
Rating: 5
Author: Top Consumer Reviews

Wednesday, September 9th We evaluate products and services based on unbiased research. Top Consumer Reviews may earn money when you click on a link. Learn more about our process.

2026 Foreclosure Listing Service Reviews

Which Foreclosure Listing Website is the Best? Finding the perfect foreclosure property can feel like a treasure hunt - filled with potential (and lucrative) rewards but requiring careful navigation. Whether you're an aspiring investor looking to score a bargain or a homebuyer hoping to land your dream home at a steep discount, foreclosure listings can be your gateway to opportunity.

5.0

EXCELLENT

Best Option

Foreclosure

Free 7-day preview
$39.80/month after free trial
Over 1.8 million listings

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EXCELLENT

5.0

On the Foreclosure website

Foreclosure stands out as the top platform for finding distressed properties, offering access to nearly 2 million listings that include foreclosures, pre-foreclosures, bankruptcies, and tax liens. Because the listings are updated 24/7, you're always viewing the most current available data. You've got a free 7-day trial that converts into a $39.80/month subscription, which is a solid value to gain access to the largest inventory of foreclosure properties among paid services. Foreclosure's robust tools, like legal guides, mortgage calculators, and state-specific resources, make it ideal for both investors and future homeowners. Rated with an "A" by the BBB, Foreclosure continues to earn our 5-star recommendation among platforms offering foreclosure listings.

4.5

GREAT

Great

HomePath

Free to use
Over 400,000 property listings
Properties in all 50 states plus Puerto Rico and the USVI

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GREAT

4.5

On the HomePath website

HomePath by Fannie Mae is a free foreclosure listing platform offering access to properties owned by Fannie Mae, a major player in the US housing market. The site features over 400,000 listings across all 50 states, Puerto Rico, and the USVI, with filters to help you pinpoint foreclosures, auctions, and turnkey investments. First-time buyers benefit from the "First Look" program, down payment assistance, and tools for navigating the buying process. While many listings are standard real estate properties, narrowing your search to HomePath-specific options makes it quick and easy to find true foreclosures. With its focus on owner-occupants and comprehensive resources, HomePath is a great resource for foreclosure listings and is one of our top recommendations.

4.0

VERY GOOD

Very Good

Realty Trac

Broad inventory of multiple distressed property types (foreclosure, pre-foreclosure, auction, bank-owned, and so on)
Free 30-day trial (credit card info required)
$49.60/month after trial period

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VERY GOOD

4.0

On the Realty Trac website

RealtyTrac is one of the most established platforms for foreclosure and distressed property listings, offering a massive database of pre-foreclosures, auctions, and bank-owned homes since 1996. It's particularly popular with real estate investors, featuring tools like ROI calculators and filters for fix-and-flip or rental properties. While the platform offers a free 30-day trial, you'll need to enter your credit card and cancel in time to avoid the $49.60 monthly fee. RealtyTrac has an "A+" BBB rating and a strong reputation for its inventory and user-friendly interface, though we encourage caution when considering pre-foreclosures here (because they may not be accurate). With a broad range of listings and helpful investment tools, RealtyTrac is a top pick for investors and worth a look for prospective homeowners.

3.5

GOOD

Good

HUD Homestore

Official website for the US Dept. of Housing and Urban Development (HUD)
First-time buyers must use a HUD-registered selling broker to submit a bid
No cost to use the website

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GOOD

3.5

On the HUD Homestore website

HUD Homestore, the official foreclosure listing site for the US Department of Housing and Urban Development, offers a direct and cost-free way to browse HUD-owned properties, including special discounts for teachers, first responders, and law enforcement through the Good Neighbor Next Door program. While it's a great resource if you plan to live in your purchased home, investors have to wait to bid during the "exclusive" listing period, and available properties vary significantly by location. With no bank-owned or pre-foreclosure listings and the need to use a HUD-approved broker to make a first-time bid, HUD Homestore is a solid but somewhat limited option for foreclosure hunting.

3.0

AVERAGE

Average

Zillow

Free to use
Multiple foreclosure types (REO, auction)
Ample details on each property, including the address

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AVERAGE

3.0

On the Zillow website

Zillow is a go-to platform for browsing real estate, with millions of listings and user-friendly features like detailed property data, interactive maps, and the Zestimate tool for estimating home values. While you can use it to access various foreclosure types, including REO and auction properties, it's not without its drawbacks. Zillow's listings are known for being inaccurate, with properties sometimes marked as foreclosures that are no longer available, and pre-foreclosures that aren't actively for sale can make your search results feel misleading. The navigation for finding foreclosures can also be clunky, requiring location-specific searches and extra steps to access important details. While Zillow is a great resource for general home browsing, it might not be the best option if you're a serious foreclosure buyer or investor.

2.9

AVERAGE

Average

Realtor

Website is free to use
Easy to reach out directly to listing agent
Ample property details, including address

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AVERAGE

2.9

On the Realtor website

Realtor, operated by Move, Inc., is a solid no-cost option for browsing foreclosure properties, though it may not blow you away with the breadth of its listings. While this user-friendly site offers helpful details like property specs, history, and even environmental risks, don't expect extensive coverage - our searches in Nashville and Phoenix turned up very few results. On the bright side, Realtor makes it easy to contact listing agents directly, and its parent company boasts an "A+" BBB rating. If you're after a simple, free way to explore foreclosures, Realtor is worth a look, but for a more comprehensive service, you might want to explore other options too.

2.5

FAIR

Fair

Auction

No cost to use the website
Largest auction-based selection of foreclosure and bank-owned properties
Over 13,000 properties listed at any given time

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FAIR

2.5

On the Auction website

Auction is the biggest platform for auction-based foreclosure and bank-owned property listings, with over 13,000 properties available nationwide at any time and a history of selling more than 510,000 properties since 2007. The site offers transparent details like starting bids, property conditions, and auction formats, making it a resource for both investors and buyers planning on occupying the home. However, it has faced criticism for practices like counterbidding on behalf of sellers and undisclosed property issues. While we love Auction's vast selection and detailed listings, it's getting a reputation for frustrating investors and potential occupants alike. You may want to look at other foreclosure listings first.

2.0

SUBPAR

Subpar

Hubzu

Foreclosure listings in 21 states
Over 230,000 properties sold
Free to use the website

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SUBPAR

2.0

On the Hubzu website

Hubzu, an auction-based platform for foreclosures, REOs, and short sales, offers free access to over 3,000 properties, but its limited availability in prime markets and technical glitches might leave you frustrated. While the site's "A+" BBB rating and detailed property listings are positives, the auction process can be tricky, with undisclosed reserve prices and numerous reports of denied winning bids. With only 442 foreclosure listings across 21 states during our review, Hubzu may not be your best bet for foreclosure listings, especially if you're a new investor or need a more reliable, user-friendly service for buying your own home.

1.9

SUBPAR

Subpar

HUD Foreclosed

Over 2 million listings of foreclosures, pre-foreclosures, rent-to-own, and other property types
$1 for a 21-day trial
$49.60/month, $99/6 months, or $179/year

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SUBPAR

1.9

On the HUD Foreclosed website

Despite the name, HUD Foreclosed is not affiliated with the US Department of Housing and Urban Development - and foreclosures are definitely not the only properties you'll find on this platform, with the majority of listings being in other categories like rent-to-own and "smart deals" on traditional home sales. You can try this foreclosure listing service for three weeks, but you'll pay a dollar to do so - and at a monthly subscription price of nearly $50 after that, this is a spendy way to find foreclosures. Plus, the reputation for HUD Foreclosed isn't great, even with an "A+" from the BBB. We'd recommend using a different platform to find foreclosure listings.

1.0

POOR

Poor

Foreclosure Listings

Over 1 million listings
Listings include foreclosures, pre-foreclosures, short sales, and sheriff sales
Daily updates

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POOR

1.0

On the Foreclosure Listings website

Despite being around since 1998, Foreclosure Listings doesn't have a track record of being a reliable option for finding foreclosure properties. The company continues to have an "F" rating from the BBB, with ongoing complaints about fraudulently-listed homes - ones that aren't in foreclosure or even close to it - and continuing to bill subscribers after they cancel. Don't bother getting your hopes up about any of the properties you see on Foreclosure Listings - save yourself the time and hassle by going with one of the higher-ranked options on our list instead.

Continued from above...

Which Foreclosure Listing Website is the Best?

Finding the perfect foreclosure property can feel like a treasure hunt - filled with potential (and lucrative) rewards but requiring careful navigation. Whether you're an aspiring investor looking to score a bargain or a homebuyer hoping to land your dream home at a steep discount, foreclosure listings can be your gateway to opportunity.

Foreclosure rates have remained relatively low in recent years, with starts near historic lows since the pandemic. According to the Mortgage Bankers Association, mortgage delinquencies have seen minor fluctuations in the last few years but have still remained far below the levels of the 2008 housing crisis. However, economic factors such as the rising costs of insurance and property taxes could potentially impact the number of available foreclosure properties in the future.

So, why consider buying a property in foreclosure? Foreclosed and pre-foreclosure homes, along with bank-owned (REO) and short-sale properties, are often sold below market value, giving you the chance to stretch your budget further. And, when you purchase from a distressed seller, you might not only save money but also help a struggling homeowner avoid deeper financial trouble, such as bankruptcy.

However, it's important to approach these purchases with eyes wide open. Many foreclosed homes are sold as-is, meaning repairs and updates are likely part of the equation. Be prepared to take on potential costs like fixing structural issues, replacing appliances, or even addressing legal challenges if the home is still occupied.

Another factor to consider is the timeline. Buying a foreclosure may not follow the typical quick-turnaround schedule of traditional home sales. Bank-owned properties, for example, often involve more red tape, which can extend the closing process. Still, for those willing to plan ahead and be patient, the savings can make the extra effort worthwhile.

When you're ready to dive in, the first step is finding reliable foreclosure listings. These services aggregate and curate the information you need, from auction schedules to detailed property data. With so many options available, how do you choose the right listing platform? Consider these criteria:

Cost. Some services offer free trials or limited access, while others charge a subscription fee. Evaluate whether the features justify the cost.
Data quality. Up-to-date and accurate information is crucial. Outdated listings waste time and energy, so look for platforms with frequent updates and detailed property descriptions.
Ease of use. A good foreclosure listing platform should simplify the search and buying process, offering intuitive tools and clear steps for completing the purchase.
Coverage. Make sure the service provides comprehensive listings in your target area, including multiple property types such as REOs and short sales.
Reputation. Check reviews and Better Business Bureau ratings to see if others have been successful while using the foreclosure listing service. Are there any complaints about the listings or the company's customer service?

To help you achieve your real estate goals, Top Consumer Reviews has done the legwork of evaluating and ranking some of today's most popular foreclosure listing platforms. Using these services effectively can unlock some impressive opportunities, whether you're expanding your real estate portfolio or buying an affordable home for your family. Happy hunting!