I keep hearing that forclosures are really huge right now, but how do you find out about them?
I think there are some good deals right now i just dont know how to find them.

You can find out the forclosures in you area using the site realtytrac. That a pretty good site that i was a member of for a while. Its $50 a month and has alot of good information. Also you can find the latest info on forclosure at the court house. I think these are more up to date than realty trac, not sure how n=much it cost to the the info at the courthouse.

there are public records that you can look up at the county clerks office. Its free to search the records, which is nice. realty trac is also good and easy to use, but the county clerks office gets the info before realty trac so you can get to the jump on other investors that way. Also banks have free Reo listings which you can usually lookup for free on their websites.

I like to get the default lists at the court house, i find the preforeclosure after they've missed only a couple months of payments. There are alot more options for what you can do this them at this point.
Aftre a home makes it to an auction it is too late for me. After the home goes to auction the owner has 6 mo. to catch up on the loan payments. Much more red tape.