States that must approve foreclosures in court before they become final are dealing with huge backlogs that can drag on for up to 5 years – with the homeowner living “free” in the home. See RealtorMag, Foreclosed Owners Find Way to “Free” Home?
If you are in California, Nevada or Arizona and you have an interest in buying foreclosures, you can get foreclosure lists in these states at www.CountyRecordsResearch.com.