Foreclosure Market Question

[Ayana Morali]

Hey all - I currently live in a pretty expensive area that skyrocketed during COVID. I'm looking to buy here (personal property though ideally it has an ADU) and as always, am looking for a deal. I am thinking of exploring the pre-forclosure market - I know there are some services one can pay for to see who is delinquent on mortgage payments etc. I was wondering if anyone had experience approaching folks in pre-forclosure and had advice on any best practices, etc or specific sites I should use...really any advice as to how to go about seeing if I can find a deal that way. Even if that advice is - meh, that's really hard to find a deal in a hot market b/c all-cash builders are already on top of that stuff.

Thanks in advance!