Question about pre-foreclosures..

[Sean Gibson]

I have been researching all different kinds of RE investing and just read Thomas Lucier's "The Pre-Foreclosure Property Investor's Kit", which was very well written and informative. He did not mention to do this, but I subscribed to a trial offer for RealtyTrec and seached properties near me with 50-100% equity. It showes the approximate value and the foreclosure loan owed. How accurate is this information without having meeting with the borrower and having them find out or sign an authorization allowing me to contact the lender?