foreclosure.com Is it worth it??

Question

Is it worth paying for this site?

Will Sifert · Answer

I pay $50 a month for access to my local clerk of court's online website and can search online to find foreclosures as soon as the bank starts the foreclosure process. Before paying to access a website or service that may or may not have accurate and fresh data, I would look into your local govt website to see if you can get online access and monitor this yourself. I can get the information with in a couple days of the foreclosure process being started and can contact the home owners very very early in the process.

David Beard · Answer

Once again, realtors and other "free" sources do not have the critical pre-foreclosure data, where you're wanting to do mailings to delinquent homeowners who have received a NOD that is part of the public record, for the purpose of contacting them about buying or wholesaling (straight or short sale) their home.  This is a very valuable and viable service, IF accurate and timely.

I'd also like to hear the opinions of serious direct marketers as to which are most accurate and timely.  (Previous votes for Foreclosure Radar and County Records.)

Geri Johnson · Answer

County Records and Foreclosure Radar are the best services for serious foreclosure buyers. Foreclosure.com and Realtrac are inaccurate and old data.

Joel Owens · Answer

I haven't looked at it in years.

The data is usually old and many of the properties are already sold,under contract,expired,foreclosed upon,or in BK.

You could just save the money and get a broker/agent to pull properties for you without paying a fee to a website company.

David Beard · Answer

The value of the website would be pre-foreclosure data (if accurate and timely), not so much listed REO's and SS's

Account Closed · Answer

How about foreclosureradar.com? $50/month. I don't know anything about foreclosure.com.

Geri Johnson · Answer

The ones I mentioned above are focused on West Coast and would not be helpful in other areas. These sites ate subscription sites and they are for tracking pre foreclosures and foreclosure auctions.

Tracey Williams · Answer

I have never pay for a foreclosure website, having a good realtor on your team will get the same job done, Zillow & trulia  are free too.

foreclosure.com Is it worth it??

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