The most important thing to keep in mind while looking up a free foreclosure list is that the list should be up to date and accurate. The state government usually provides free lists on the internet but they may be a little outdated. Also since anybody can view them, the best deals are always taken up by experienced agents as soon as the lists are put up. However there are many companies that put up reliable and complete lists for a minimal amount. These lists are updated regularly and are therefore completely accurate. If you are not sure of the company's reputation, you can first subscribe to the free lists and pay up the money after ensuring they are reliable.
The next important thing to remember is that once you have located the property that suits your needs, it is a good idea to check it out yourself. If possible, professionals should be hired to inspect for damages. This might save you a lot of money and trouble. Also check the neighborhood to ensure that it is a marketable area. Even if it is not possible to get a key to the house, checking it out through the windows is a good idea since it is most likely that the property would have been abandoned already.
Buying foreclosed property is an art and could be done quickly and accurately if you refer to good free foreclosure list. If you keep the above points in mind, you can work out a good deal and earn a lot in the process!