The Internet instantly leveled the playing field by making the once-privileged information of foreclosures available to you. You too can now be armed with significant knowledge of the foreclosure market, most up-to-date foreclosure property listings, and valuable Internet tools to facilitate foreclosure listing research.
Where to find foreclosure listings (plus Internet tools).
To remain competitive, a handful of list providers have gone to the extent of enhancing their foreclosure listings to offer more information. You should take advantage of this to gain a competitive edge over other homebuyers and investors.
Uncovering all types of information on foreclosure properties is easy with these available tools:
- Property valuations - algorithms that provide estimated property values and value ranges.
- Foreclosure sales data - the company tracks sales of properties in all three stages of foreclosures and includes the sales date and sales price to give users valuable market information.
- Comparable property sales - up to 15 sales records of adjacent properties, along with a map of the property locations to help customers determine a fair market value for the property they’re interested in.
- Loan information - history of loans on properties to help users determine the financial encumbrance on a home.
- Interactive mapping - an integrated search tool that allows users to locate all types of properties within a dynamic mapping interface.
- MLS association - shows properties currently listed in the area surrounding a property of interest to give users a sense of the community, and an idea of current market pricing.
- Lien and bankruptcy data - allows potential buyers to find out if the purchase process could be complicated by hidden financial or legal issues.
- Photographs - over 10 percent of properties have photographs - and Microsoft’s Virtual Earth™ mapping technology provides aerial photos of many of the other properties (most foreclosure sites don’t provide any photos).
- FREE daily e-mail notifications — notifies members the moment a property that fits their specifications enters the RealtyTrac database.
- Postcard service — allows members to send notifications of interest directly to the homeowners in default.
- Data download — allows members to quickly evaluate, sort and track properties en masse and to create mail merge lists for large-scale mailings.
You can receive instant access to all these tools and reliable nationwide foreclosure listings with a FREE trial subscription only from RealtyTrac.
Visit Foreclosure Center
Visit our Foreclosure Center to read more detailed information about foreclosures.