Feedback request on results from Foreclosure.com website

[Joseph O'Sullivan]

Hi All,

I was recently looking at foreclosures under the tools tab and I signed up for the 7 day trial.  

Of course, I got busy and forgot to cancel within the 7 days, so now I am in my first month of membership at foreclosure.com

Does anybody have feedback on deals they found using this site?

Were the houses in reasonable shape or were they trashed by an upset previous owner?

Thanks for any thoughts or stories you would like to share.  It will help me decide if I want to keep the membership or cancel after a month.

Sincerely,

Joe

[Jonathan Greene]

If you are new to real estate, foreclosures are not a good place to start. Almost all properties on foreclosure.com have been there before. Some will be sight unseen, some will be third party mediated and those "auctions" always have ghost bidders to get to the reserve so you will see a property come back again and again.

What was your goal in going on here? Do you have cash to purchase? Almost all foreclosures are going to be cash deals with healthy rehab budgets attached.