Long Island homeowners in foreclosure or at risk of foreclosure can seek assistance this week in Copiague, the state Department of Financial Services has announced. Credit: iStock
When taking the plunge into the foreclosure market, the first challenge is finding bank-owned properties that are for sale. Here are some ways to find these deals.
1. Bank websites. Lenders such as Bank of America and Chase post listings, but these can be limited.
4. Subscription sites. RealtyTrac offers a free, seven-day trial to look at foreclosure listings. After that, subscription rates range from $49.94 per month to $249.95 for a full year. ForeclosureListings.com also offers a seven-day trial for $3.95, with a subscription costing $39.95 per month or $99 for a year. The subscription sites say they provide more information on the properties.
5. Courts. Foreclosure sales are held every Tuesday at 11 a.m. at Nassau County Supreme Court, 100 Supreme Court Dr., Mineola. In Suffolk, the sales are held at individual town halls.