Can I advertise to find foreclosed homes and pay a finder's fee?

[Priscilla Z.]

I recently heard about finding foreclosed homes BEFORE they hit the MLS to get to the deal before anyone else does and make an offer to the bank. The homes that the bank already owns.

I thought of marketing this. Paying a finder's fee for letting me know of houses that have recently been foreclosed on and that the bank now owns (either theirs or someone's they know, or just one they see in their neighborhood).

Would this be legal to advertise? I don't want to do this, put it on my webpage and then get in trouble....

I'd appreciate any advice...thanks!