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What you should know about online “foreclosure”, “repo”, “bank owned” listing and reporting services

Many consumers are baffled by the onslaught of foreclosure reporting, listing or information services. Many are confused about the different types of information available or even the kind of information they need. Even some industry professionals aren't sure what to make of many of these services.

Unfortunately, there is too much misinformation regarding lists of foreclosed properties, whether bank owned or government owned, pre-foreclosure or post-foreclosure, statewide, nationwide or local.

Some History

Today there are very few organizations that deliver accurate information to their customers, whether they are home buyers or investors. Far to few understand the foreclosure process, the opportunities that are available and the type of data their customers need. These organizations do minimal research, pay little attention to detail, and make false claims and/or deliver useless information with the promise that you will get rich from having purchased their materials. Can you become financially independent investing in real estate? Absolutely! Thousands of investors are doing it everyday. However, not in the way suggested by many of these services.

There are currently more foreclosures, repo’s or bank owned properties than at any other time in history! Inventories of bank owned and government owned properties are at record highs. The banks are more willing than ever to make deals with buyers.

Banks will only deal with Realtors experienced in this market. Let us help you get started on your road to success.