Wednesday, May 27, 2009

How to research the foreclosure market

ORLANDO, Fla. – May 26, 2009 – Anyone – real estate professional or not – has an array of online resources for researching the foreclosure market. Three fee-based sites specialize in listing both foreclosures and pre-foreclosures: foreclosures.com, $49.95 per month; foreclosure.com, $39.95 per month; and RealtyTrac.com, $49.95 per month, with a four-month minimum. All offer a free trial period. Cyberhomes.com provides a search engine for bank-owned properties that have been listed with a real estate practitioner.

Sites with useful online discussion forums on foreclosures include Trulia.com, the “Answers” feature at Yahoo! Real Estate (realestate.yahoo.com), BiggerPockets.com and ForeclosureTruth.com.

Source: San Jose Mercury News

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