Within the category of government foreclosures you can consider quite a many different sources.  These include VA foreclosures from the Department of Veterans Affairs, HUD foreclosures from the Department of Housing and Urban Development, the General Services Administration, the Department of Treasury, the Small Business Administration, the Department of Agriculture (USDA), the Marshals Service, the Federal Deposit Insurance Corporation (FDIC) and also Fannie Mae.  At last count there were about 37 different government departments through which you can locate foreclosure properties.  One site that has compiled listings from a few of these departments is www.homesales.gov.

The more commonly known government foreclosures are through HUD and VA and more information about those can be found on the following pages respectively:

• HUD foreclosures
• VA foreclosures

There are pros and cons with each so weigh up whether they are for you and also consider the following lesser known government foreclosures.

Full article… Government Foreclosures – For Real Estate Investors

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