In the race for the number one spot, we had considered two incredible foreclosure listing services. However, when it came down to the wire, Foreclosure.com missed the number one spot by a nose but earned the TopTenREVIEWS Silver Award. This foreclosure service is a well known and reputable program designed to help any investor go into a sale well informed and educated on the ins and outs of real estate investing.
This site provides for all your foreclosure needs. They include one of the most complete selections of listing types and the most search features we reviewed. Additionally, there are more than two million properties available nationwide.
The only reason Foreclosure.com was edged out by RealtyTrac is that they are lacking some additional information like the property’s default amount and a larger variety of informational articles. But, otherwise, this service is at the top of its game.
Some basic foreclosure listing web service search options include city, county, state, and zip code, but Foreclosure.com goes above and beyond the basics by including a search for specific number of bedrooms or bathrooms, a wide range of options by searching with a minimum and maximum price range and a wide variety of listing type searches, including listings for properties in REO, NOD, Notice of Sale, Bankruptcies, Sheriff Sales, Tax Liens, Auction, or those repossessed by the government like HUD, VA or Fannie Mae.
This web service also includes one of the most comprehensive lists of foreclosed properties we reviewed. With more than two million properties located nationwide, including D.C. and Puerto Rico, Foreclosure.com shows they strive to maintain an array of properties all over the nation. No matter the area the buyer is searching, they will be able to have more than a few choices of listed properties to choose from.
If the buyer is presented with a large amount of choices and wishes to search and sort by the main characteristic like price and number of bedrooms and bathrooms, he can sort through these quickly by clicking on the list headings at the top of the listed property results. By clicking on any heading, the system automatically sorts the list in ascending or descending order for that heading. The feature is easy to access and provides the best listing possible and makes it easy to search for the types of properties desired.
However, Foreclosure.com is missing a few detail items like equity percentage, default amount and sales history for each property. But the performance and the ease of use makes this site one of the top ranked foreclosure listing services.
This foreclosure web service includes a few additional tools such as community information for each listing, listing alerts through email, Zestimates provided by Zillow, helpful articles for the consumer, including how to prevent foreclosure, bankruptcy laws and state specific laws. Foreclosure.com also has several interesting calculators to assist in your purchasing decisions. These include a mortgage home loan calculator, rent or buy calculator, mortgage refinance calculator, biweekly loan/mortgage calculator, mortgage points calculator, and many more.
One tool we found extremely helpful was information regarding the school district, including the student/teacher ratio and available schools in the area. Also, the crime report provided the necessary details about each area so the investor can be aware of the risks and evaluate the return of a future sale.
We found Foreclosure.com to be a safe and secure website with valid security certificates and https-encrypted pages at all states of the sign-up process. Additionally, they provide a variety of options to contact the company if the need arises. With access via telephone, email and live chat as well as access to company blog and community forum to aid in answering questions not addressed in the FAQs.
Many foreclosure listing web services provide some kind of seven day trial to give the potential investor experience with their site. Foreclsoure.com offers a free seven day trial, but you need to provide your credit card information. Our only complaint about Foreclosure.com’s customer service is all cancellations need to be done through their “cancellation” page. They will not accept cancellations through email, phone or fax. The “cancellation” page is located on the member’s login screen.
It is evident that Foreclosure.com strives for and has consistently proven to be one of the best foreclosure listing services on the internet. Whether you are a homebuyer or a serious investor, the information this foreclosure listing service provides is invaluable.
By providing an elite array of options for searching, learning, evaluating and investing in foreclosures, Foreclosure.com confirms its quality and ability to be one of the best. We found the only thing truly holding this site back is that it does not list the date the property was posted. The web service does an excellent job of keeping its information up to date and showing that they are really in an elite class of web services.
They include one of the most complete selections of listing types and the most search features we reviewed.
They lack additional information like the default amount and a larger variety of informational articles.
Foreclosure.com consistently proves to be one of the best foreclosure listing services on the internet.