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Customer Newsletter

Volume 3, Issue 2

February 2007

The Latest News From RealtyTrac
Member Success StoryMultiplying Profits
Foreclosure Trends2006 Year in Review
Ask RealtyTrac
Already Sold?
 
 
Latest News
Mapping Update
Event Calendar
Related News

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Ask RealtyTrac

Q: Why do I find properties that are already sold?

I am trying earnestly to put money into an investment career. I have used your service for nine months.

One property I have owned for 3 months, still shows up under the previous owners name as Lis Pendens. ... The point is, for me to make money I need current and accurate information. At this point your data is falling behind. I like the format and the search methods, but if the data is wrong it keeps me in the hole, always the last man on the deal.
-Barry

A: We improved our daily check of property sales.

Barry,
As you know, we check daily to see if properties in our database are sold so that our customers are not left pursuing a foreclosure that is no longer available. However, after checking into the property you gave as an example we discovered that some properties in our database were inadvertently not being checked for sales. We have since fixed that oversight, improving the currency of our data.

Thank you very much for giving your feedback on this issue. Your feedback helped us improve the overall member experience on our website. And we encourage other members to let us know if they are having any issues with the data on the site. We’ll work hard to resolve your issue, which more than likely is shared by other users.
-RealtyTrends

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2006 Foreclosure Rates
Percentage of Households

1. Colorado: 2.99%
2. Georgia: 2.45%
3. Nevada: 2.43%
4. Texas: 1.95%
5. Michigan: 1.92%
6. Indiana: 1.88%
7. Florida: 1.71%
8. Ohio: 1.70%
9 Utah: 1.70%
10 Tennessee: 1.50%

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