Has anyone subscribed to foreclosure.com? If so, please share your experience.?


Question:
I am considering investments in real estate and would like to know if forclosure.com would be a worthwile resource.

Answer:
They are way behind the power curve when it comes to foreclosures. When that notice of default hits, the property owner gets swarmed by lawyers, agents, and prospective buyers (sharks). If you're not first in line, you're wasting your time. It is not untypical for them to be approached by two hundred people within three days. How many people do you know who have just had 226 solicitations and low ball offers want to listen to number 227?
My mother in law did this and said all the listings were really old and had already went to auction. She said it was a complete waste of money. Check with your county accessors and records department. They should offer this either free or for a nominal fee. Its public record. Also, if you know anyone who works in title or escrow, they should be able to get this fairly easy. Offer them a 18 pack or dinner and you will get better results. Good Luck.
I just did a 5 second search and found "fraud, embezzelment, desceptive & dishonest when I went to http://ripoffreport.com and typed foreclosure.com into the searchbar there.
I wouldn't waste your money, check out my resources page:
http://www.ratraceclub.com

-Angela
More Related Questions & Answers...
  • What forms do i need to file with the court to stop foreclosure auction besides ch13?
  • Which is worse for my credit, claiming banckruptcy on just my home or foreclosure?
  • Foreclosure Questions. Need help from someone who's been thru a foreclosure on their home.?
  • Is there a government site that lists foreclosures?
  • I need information on stopping a foreclosure. Can anyone help me- and no sarcastic answers please!?
  • Why don't people try to sell their houses before they go to foreclosure?
  • Foreclosure in Las vegas, NV?
  • How does a "Short Sale" affect my credit as opposed to foreclosure or continued late payments?
  • Is it true that in foreclosures the bank can only sell the property for the amount of the loan?
  • How to save your home from foreclosure in 30 days?
  • The questions and answers post by the user, for information only, AnswersRoom.com does not guarantee the right
    Copyright © 2007 AnswersRoom.com -   Terms of Use -   Contact us

    Hot Topic