Visit your county recorder’s office (or their online portal) to search for Notices of Default (NOD) or Lis Pendens .

Carefully check for major issues like roof damage, mold, or structural problems, as homeowners in financial distress often defer maintenance.

Your offer should clearly state who is responsible for back taxes or HOA dues and include a flexible closing timeline to accommodate the seller's transition. 6. Close Before the Auction Date

If the owner owes more than the house is worth, the deal must become a short sale , requiring the lender’s approval to accept less than the full balance. 4. Approach the Homeowner with Empathy

If you’re looking to find a bargain or help a homeowner avoid a credit-destroying foreclosure, here is your step-by-step guide to navigating the process. 1. Find Potential Properties