: Sites like Zillow or Auction.com allow you to filter for "Pre-Market" or "Pre-Foreclosure" listings.
: Unlike final foreclosure auctions, you can often negotiate a walkthrough with the owner. Consider bringing a contractor to estimate repair costs.
These homes are often "off-market" and not listed on typical sites like the MLS .
: Real estate wholesalers, attorneys, and specialized agents often have access to lists of distressed properties. 2. Perform Extensive Due Diligence
Since you are buying from a distressed owner, the property's financial status is critical.