Foreclosures are mounting, forcing major lenders and other financial institutions to call in reinforcements to help them move their real estate inventory as quickly as possible.

Williams & Williams — among the top auctioneers of real estate in the world — is on speed dial. The Oklahoma-based operation is working overtime with industry powerhouses such as Fannie Mae to market and sell Real Estate Owned (REO) homes nationwide.

In fact, Bloomberg.com today has an extensive feature on the involvement of Williams & Williams and its critical roll in getting the housing market moving again. In fact, according to the article, the company intends to “triple its peak sales to 10,000 houses a month this year.”

That’s great news for bargain shoppers in all corners of the United States — foreclosures are hot and getting hotter.

Here is a snip from Williams & Williams Chairman and CEO, Dean Williams, on the value of buying distressed real estate:

“We’re creating values beyond just short-term profit. Those values, we feel, are efficiency, transparency, competition, stewardship…. Our focus is much longer than prices going up or down, even in a crisis of this magnitude.”

Williams & Williams should sound familiar to our readers. That’s because we have worked hand-in-hand with them to coordinate educational presentations in the past, showing interested investors and others how to navigate the foreclosure process in their areas.

We both believe that knowledge is power and the key to success in this business, which is the reason we have teamed up to deliver free online training seminars. And we’re set to do it again on Feb. 26 at 9 p.m. ET, with “Outsmart Experts at Foreclosure Auctions and Win!”

This is a LIVE 60-minute Webinar training that will show you step-by-step how to navigate and profit from the foreclosure process right in your backyard. To participate in — and register for — the FREE online instructional session CLICK HERE.

Real estate deals like these will not last … learn how to make the most with them before someone else does! “Outsmart Experts at Foreclosure Auctions and Win!” is a free training opportunity.

Is it really possible to go to police and/or government auctions to buy things such as cars, trucks — even real estate — for rock-bottom prices?

Some quick searches on Google revealed that the answer to that question is an overwhelming, “Yes.”

In fact, there’s a good government site that we came across known as USA.gov that features quality products at affordable prices. This Web site is the creation of the Department of Housing and Urban Development (HUD) and the Department of Veteran Affairs (VA).

In addition, OCWEN — a global financial services company offering a variety of products and services related to residential and commercial mortgage servicing — is one of the sites that offers a great selection of Real Estate Owned (REO) listings.

General Merchandise Auctions is another good link for government auctions.

Overall, we found that there is some very useful information on these government sites — check them out when you have some time. Many of these items are online auctions and can be bid on by anyone. However, there is one shared caveat among the respective sites that warrants attention:

“PLEASE CONTACT THE PROPERTY CUSTODIAN TO MAKE AN APPOINTMENT TO INSPECT THE PROPERTY BEFORE YOU ATTEMPT TO BID.”

Hmm … how is someone supposed to go see, for example, some old computer parts in Indiana when he or she lives in Florida and is only bidding $50?

The chances are that person will have to trust the buyer. And in these instances, especially if there is a solid chunk of change at stake, we recommend that you exercise extreme caution.

For those reading this who have actually found, bid and purchased anything on these government auction sites, please share your experiences in the comments section below. We, as well as our visitors, are very interested in learning more about your results.

Now down to business.

At Foreclosure.com, we list hundreds of thousands of properties on our Web site from numerous government sites, as well as include several other sources of distressed homes. We aggregate that data and provide it to you in one convenient place as opposed to going to multiple sites.

What’s more, we also buy lists from multiple sources that do not have Web presences. At the end of the day, it turns out being quite helpful for people who cannot afford to pay a lot of money for these files.

It’s the reason we are the number one (and most reliable) source of real estate investment property information for police and government auctions … and so much more.