While most HUD, REO, and many short sale homes are for sale on the MLS, most preforeclosure homes are not. These homes are simply not for sale. Savvy investors find ways to contact the owners of distressed properties and purchase these preforeclosure properties to help the owner prevent costly foreclosures. The service provided by Realty Trac makes it possible to located thosands of foreclosure properties that are not found on the MLS or listed for sale.
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