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Compare Real Estate Foreclosure Listing Sites
These are the top foreclosure websites online. The information
on their properties can be obtained through public information. These
sites obtain this information from courthouses and banks to provide the
lists. In our review we found that each website makes you provide your
credit card in order to be approved for the free trial which is typically
a week. The sites we reviewed are the leaders in the Real Estate Investment
marketplace. There are more websites on the internet for Real Estate Investments,
but they basically use the same data as is provided from the sites below.
Foreclosure.com |
Description: Currently offer 1.2 million
properties which include Foreclosures, Pre-Foreclosures, Bankruptcies,
For Sale By Owner Homes and Tax Liens.
Free Trial: Yes, one week
Cost: $39.80 a month
Review: They offer a good system with information that seems
to be fresh. We have contacted some people on their list and the
properties were active. They do not have extensive information
on the site, although they offer information on a state by state
basis as there are different laws in different states and jurisdictions.
Tax liens are offered on the site and these appear to be a safe
way to make some nice profits investing in real estate. The website
does not provide a lot of good information on tax liens, we had
to back it up with a book purchase. The listings themselves are
about all that is offered as far as tax liens are concerned. The
website is more user friendly than others as it offers more sorting
capabilities. We tried to compare individual properties with sites
such as RealtyTrac.com and had a difficult time as they were not
sortable lists.
Recommendation: Recommend. Foreclosure.com is a recommended
site. They are not the least expensive, but they do have some
valuable properties available. Also, the addition of tax liens
can prove to be a lucrative field. We recommend more information
on tax liens on the site. We have to pay the monthly fee and get
a book to understand the complications of tax liens.
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ForeclosureFreeSearch.com |
Description: Currently offers Foreclosures,
Bankruptcies, For Sale by Owner Homes.
Free Trial: Yes, one week
Cost: $39.80 a month
Review: ForeclosureFreeSearch.com offers less than their sister
site, Foreclosure.com for the same price.
Recommendation: Good site to get your feet wet in the real estate
investment business, Good value for quality we found.
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RealtyTrac.com |
Description: Currently offers 500,000 foreclosure
and pre-foreclosure properties. They also have Auction, Bank Owned,
For Sale By Owner, Resale and New Homes.
Free Trial: Yes, one week
Cost: $39.80 a month, but they do offer other packages when
you sign up for longer periods.
Review: They offer a lot of properties. They have a lot of good
information on the site (how to list your For Sale By Owner Property,
How to Buy a Foreclosure, different calculators), although this
information is free to users of the site without having to log
in as a subscriber. Signing up for their services provides listing
details of the properties on the site. What we did find was that
for zip code searches it appeared that RealtyTrac had the best
number of properties. Many more were returned than any of the
other websites. In searching through the site we found that they
propped up their numbers in zip codes by having all the cities
properties appear as opposed to just the ones in the zip code.
Recommendation: They have a lot of properties but they can be
misleading in returned listings categories, and sometimes leaving
properties LIVE on site when they have been sold.
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Description: Foreclosures.com offers a training
that the other sites do not offer. They offer the foreclosure
lists as the other sites do.
Free Trial: Yes, one week
Cost: $49.95 a month
Review: Foreclosures.com offers less properties than our direct
recommendations. The foreclosure investing course offered via
$19.95 was worth the money. We recommend it for people who do
not like to pick up the book and study.
Recommendation: Foreclosures.com does offer some good training.
Although we do not see the value of paying more per month for
only limited foreclosures which can be obtained through other
websites.
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RealtyStore.com |
Description: Contains everything you need
to conquer the foreclosure market with special bonuses, free credit
reports and outstanding savings on loans and downpayments because
they are the “most trusted provider of foreclosure listings”.
Free Trial: No, a one week unlimited trial for $1.00
Cost: $9.95 a week, billed monthly
Review: Realtystore.com will help you avoid homes that are too
expensive with three simple steps. However helpful they claim
to be in assisting you in closing the deal they only have thousands
of great listings, a low number in comparison to other sites.
There are handy tidbits including neighborhood info and stats
as well as tutorials on pre-foreclosure buying.
Recommendation: Good choice for the beginner who may need some
extra help.
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Description: Foreclosure times maintains
that they make the buying process “a cinch”. The site
is described as easy to use and resourceful. Lends the possibility
of saving up to 50%
Free Trial: 7 days
Cost:$29.95 a month or $ 79.95
Review: Foreclosuretimes.com claims that you can earn up to
$3,000 back if you use their various buyers services, which are
all located on the page with a form asking if you want a mortgage
application or buyers agent request. Also contained in the site
is a convenient service directory with section including virtually
all the contracts and forms you’d need for any real estate
scenario. Included within the links is a sale prices section to
help you in tracking the sale prices in your neighborhood. The
site mentions the very important aspect of home inspections, which
are crucial in a home sale or buy, not available on all sites.
The mortgage center helps you to decide the best plan for you
and your family while lending valuable lessons to use in the future.
Although they also offer a research your neighborhood section,
it is still important to know first hand how the neighborhood
is, don’t go by just the details in the site.
Recommendation:Not a bad choice if you are looking for tips
and tools to help you through.
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Description: Bargain Network homes section.
Claim to be able to help you find Homes from $10,000 with Over
600,000 property listings nationwide and the possibility of saving
up to 50% on real estate. Property types include foreclosures,
HUD Homes, VA Homes, and others.
Free Trial:No, $1.00 for a 7 day trial ($9.95 value)
Cost:$ 9.95 a week billed monthly
Review: Before signing up there are only models of what the
listings might look like, there is no indication of the types
of properties they really have to offer. However there are some
useful tools that were not found on other foreclosure resources,
like neighborhood crime reports as well as a public and private
school reports which was not included in the other sites school
information. Bargain Network has the methods to help learn what
a foreclosure is and how the sale process works and finally, how
you can buy a foreclosure in your area. Helpful tips not seen
before included the keys to learning how much home can you afford
and how to fix bad credit
Recommendation: Worth it to spend the dollar for the week trial
but, not for the monthly membership.
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