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A foreclosure is a process that starts when a borrower fails to pay their mortgage. The lender will typically repossess the home and they will try to sell the house. They are able to do this because when you take out a mortgage loan, the house is used as collateral. Having a foreclosure on your credit history will significantly lower your credit score. It may also prevent you from being able to qualify for credit or new loans for several years.
As a homebuyer, there are some benefits to purchasing a foreclosure. The largest benefit is possibly getting a better deal than the current market value of a home. When a home is in pre-foreclosure, the owner may be trying to sell to pay off their debts. They are motivated to sell, and are more willing to work out a deal. If you are willing to put in some research and elbow grease if repairs are needed, you have the potential to get a property at a fantastic price.
Monday, June 5th
Foreclosure was founded in 1999 with the vision of being a one-stop shop website for home buyers and investors to search current foreclosure listings with ease. This has been successful and they have in turn created one of the largest foreclosure databases in America.
Foreclosure experts
Foreclosure is the biggest provider of afflicted properties in America. They have more than 1.8 million foreclosure, pre foreclosure bankruptcy and tax lien listings from across the United States all gathered in one convenient location. Foreclosure is even the primary company that provides statistics to the media on distressed properties, as a national expert on the topic.
Free trial
Foreclosure offers a 7-day free trial to give their website a try. After that, it will cost $39.80 per month. This equals out to $9.95 per week for the service. If you cancel within your 7-day preview, you will not be charged anything. After that, you will incur the monthly fee.
Navigating the site is easy
You can check the Foreclosure site often for new listings, updated twice a day. They list single-family homes, condos, townhouses and mobile homes. You begin by searching an address, city, state or zip code. They have options for rent to own, city owned, cheap homes, mobile home and commercial listings. Once you have narrowed down these choices, you are able to filter by price, number of beds, number of baths, listing type and property type. This will assist you in focusing on the properties you want in a foreclosure property. The website includes tools to assist in calculating your mortgage payment, how to improve your credit and email alerts. They also offer a learning center with a scholarship program, FAQs, foreclosure laws and informative articles.
Positive customer experiences
Customers have positive things to say about Foreclosure when it comes to buying a distressed property. One person said they were trying to get a property deemed impossible to get by many realtors. Foreclosure was the only site that had it pop up and they were able to purchase the property. Another client described how they found their first investment foreclosure property through this listing site and have the property rented out now. Subscribers typically say the website is easy to use and helpful through the process. Most of the negative reviews come from people who signed up for the monthly membership and had issues with canceling it, with charges continuing even after termination. One customer did say that after giving a bad review for this reason, the company emailed them and refunded the money - so if you find yourself in this situation, you may want to reach out to Foreclosure directly.
4 ways to cancel
When using Foreclosure, if you choose to cancel your subscription you are able to do so at any time. There are four ways to do this. The first option is to login to their website with your email and password. Click your profile link and it will take you to a page with a blue "cancel membership" button that will allow you to cancel your membership. The second option is to contact Foreclosure's customer service department at the phone number listed in the "contact us" section of their website. The third option is to complete the form to terminate your membership under the "contact us" section - just be sure that you select "cancel service" before you hit submit. The fourth option for canceling is through the account management link located at the bottom of every page. It will take you to your profile page where you will then click the "cancel membership" button. Foreclosure definitely makes it easy to cancel with a variety of options to choose from.
First choice for foreclosure listings
Foreclosure is a trustworthy choice for finding a foreclosure property. They update their website frequently which gives you more purchase options. They also offer a 7-day free trial, but be sure to cancel before the end of the 7 days if you do not plan on continuing as you will be enrolled into an auto-renew monthly membership program. Most customers have a positive experience looking for foreclosure properties. If you're a homeowner or a real estate investor looking for distressed properties, Foreclosure is the best listing site available today.
Auction is based out of Irvine, California and was launched in 2007. The founders started out as auctioneers and were the pioneers in online property auction bidding. They have offices in big markets throughout the United States, including San Mateo, Dallas/Plano, Ohio, New Jersey and New York City. In the past 11 years, they have sold more than 286,000 homes, which in turn created over $39 billion in revenue.
Diverse options
Auction offers a variety of houses for sale, including foreclosures, bank-owned, rentals or short sales. They can be in any condition between a fixer-upper all the way to a million-dollar home. They pride themselves in the diversity they offer when looking for your next property. Auction also assists you throughout the entire process, from bidding to closing on the house. When looking for a foreclosure, there are over 30,000 properties to choose from on the Auction website.
Free account
Auction allows you to sign up for a free account to access the available properties. They have over 1,000 trained employees ready to assist you with any questions or issues you might have. Once you have signed up for the free account, you are provided a dashboard and can start to receive information on different foreclosure properties. While you are bidding on a property, you can reach out to the customer service team if you need any help. Then after the bidding is complete, there will be a closing team who will guide you through the post-sale process.
Easy to use
When you are on the Auction website, you are able to search for foreclosures in a variety of ways. The first option, right on the home screen, is to search by zip code. Once you have the area narrowed down, there are multiple options to filter down to what you want. These include the auction date, number of beds, number of baths, square feet, type of property, asset type, building type and condition. There is a listing "ends soon" option which will show houses with auctions ending in the next five days. You may also choose properties that are sold/pending/canceled, broker co-op, reserve disclosed, no buyer's premium and first look. On the home page, there are also links to top foreclosure deals, vacant properties and $1 starting bid properties.
Phone apps
Auction has a phone app available through both the Google Play Store and the Apple App Store. It is free in both app stores to download and use. You are able to bid in real time on foreclosure auctions, and they're extended in the app to give buyers another chance to bid. You will also be able to see which foreclosures are cleared for sale. On the app, property details are available on all foreclosures. There are search options to search by location, plus save and track your favorite properties. If you qualify for a remote bid, you can manage your funds in the app.
Mixed customer reviews
Auction has earned a "C+" rating from the Better Business Bureau, and reviews for this foreclosure listing service elsewhere are not the best either. Some customers complain that the house they bid on and the one they receive are not the same. The company has told them that as long as the details match, that is all that matters. This could be an issue if you are trying to buy in a certain neighborhood, especially if it concerns school districts. Other complaints are that they cancel the auction after customers have won due to technical difficulties and it is difficult to get the down payment refunded. However, plenty of site users say they have had success using Auction to get their foreclosure properties.
Positives and negatives
Auction is an excellent resource for those looking to buy a foreclosure property without having to pay to join an auction. The support offered by the company is an added bonus, as they will assist you from start to finish. The app helps you take your house shopping on the go and have easy access at your fingertips. However, the negative customer reviews are concerning. If you do choose to use Auction, just watch out for some of the problematic areas we described..
Zillow was founded in 2004 and their headquarters is in Seattle, Washington. Zillow's founder set out to empower people with knowledge and information and make it easier for them to move. The website is designed to assist both buyers and sellers. Zillow shows properties that are for sale as well as foreclosure properties.
Articles to assist
The first thing you will see when shopping for a foreclosure on Zillow are articles on buying a foreclosure. These give you an overview on how to find a foreclosure, buying a pre-foreclosure, buying at foreclosure auction and buying a bank-owned property. Beyond the basics, you'll find even more opportunities to get educated on the foreclosure industry - how about "5 mistakes to avoid when buying a foreclosure" ? The list goes on and on. These articles could be very beneficial for someone new to the concept of purchasing a foreclosed property.
Searching for foreclosures
When searching Zillow for foreclosed properties, you will begin by entering a city and state or zip code. You are then able to filter by price, beds, bathrooms, property type, parking, square footage, lot size, year built, number of stories, senior living, basement, other amenities and view. Once you see a property you like, the website shows the information you see on most foreclosure listing websites.
Plenty of property details
The property details on Zillow are quite extensive. You will see the price, number of beds, number of baths, square footage, address and the "Zestimate" . A Zestimate is Zillow's best estimate on the value of a home. However, if property details are not up to date, then the Zestimate will not be accurate. After you get past this information, there is even more. You will find an overview of the property, facts and features, home value, price and tax history, estimated monthly cost, nearby schools, neighborhood and local legal protections.
Zillow app
Zillow can be found in an app as well as a website. You can download it from the Apple App Store or Google Play Store. There is no cost to use the app. It is user friendly and allows you to search the same as on the website. However, you have it available at your fingertips to shop for foreclosure properties wherever you might be. Zillow also allows customers to see where the properties are on a map when using the app, which can be helpful when trying to determine school zones and neighborhoods.
"D+" rating from the BBB
Zillow has earned a "D+" rating from the Better Business Bureau. One big complaint is that the listings tend to be out of date on the Zillow website. So, while they may have a plethora of listings, not all of them are going to be active. There are numerous customers who report having issues with Zillow's customer service team: they don't answer emails and are slow to respond to communication. The positive reviews are primarily about specific realtors associated with Zillow and not the website itself.
Decent place to start
When shopping for foreclosure properties, Zillow is a solid place to start. Their customer reviews are not phenomenal, except when dealing with specific realtors. They also have that "D+" rating from BBB. However, they have a large quantity of properties to browse through, and the articles on purchasing a foreclosure are worth a read. So, even if you are not going to purchase a foreclosure from Zillow, we still encourage you to go and read the articles they have provided.
RealtyTrac has the largest published database of foreclosures in the country. They offer a one-stop shop for real estate investors, real estate agents and homebuyers, with the most current, trusted listings of foreclosure properties. The company is based out of Boca Raton, Florida.
Membership options
RealtyTrac offers a 30-day trial for $1 to see if their foreclosure website is right for you. If you choose to not cancel, you will be charged $49.60 per month. The trial allows you to access the full database of properties and view it as though you were already a paid member, with no limitations. However, if you do not cancel your membership before the end of the 30 days, you will automatically be enrolled into the RealtyTrac monthly membership.
What's included?
When signing up for RealtyTrac, you will gain access to their private website. You can search for properties including those in foreclosure, pre-foreclosure, HUD homes, auctions, rent-to-own and more. They also provide you with research about the foreclosures such as neighborhood reports and information on how to get the most bang for your buck in the current real estate market.
More detailed than many rival sites
RealtyTrac's website allows you to search for foreclosures by city. Once you have narrowed down to a certain area, you will be able to see the properties available. You can choose which type of property status you are looking for, as well as narrow down the results with details such as square footage, number of bedrooms or bathrooms, and what type of property it is. From there you can see the cost, value insights, property description, estimated property value, property debt info, foreclosure contact details, ownership information, interior details, property details and property information. Most of these insights are not able to be viewed without a membership. There are more details offered on this website than most of the other companies we have reviewed.
Not hard to cancel
RealtyTrac claims that they are different from other websites because they are easy and hassle-free to cancel. If you choose not to keep your membership for this foreclosure website, you will need to call the customer service number on their website or email them and request a cancellation. Their customer support is open Monday through Friday from 4AM-8PM PT and Saturday-Sunday from 7AM-3:30PM PT.
Some negative customer experiences
RealtyTrac has earned an "A-" rating from the Better Business Bureau, and yet there are still numerous complaints about this foreclosure listing service. The majority of the negative reviews are from customers who did not read the details of the trial, complaining that they were charged $49.60 after the trial ended - despite the fact that the website clearly states in multiple locations that this will happen if you do not cancel before the trial period ends. Beyond that, however, one long-term customer of more than five years claims that the RealtyTrac website has gone downhill and isn't what they signed up for years ago. Some members still praise this service for being easy to understand and navigate, but the overall experience no longer gets rave reviews from most people.
Safe to use
RealtyTrac is a way to check out foreclosure listings that you can use risk-free with their 30-day trial, which is longer than rival services'. The website provides more information than a lot of similar listing options out there. However, they are not getting the positive responses they used to get. Customer service has gone downhill and it is not as beneficial of a company. There are no complaints on having difficulty canceling the free trial though, so it is worth a try if you are interested in seeing what RealtyTrac has to offer. Just don't forget to cancel before day 30 if you do not want to be charged for the next month.
HomePath connects buyers to available foreclosure properties owned by Fannie Mae. They also offer access to other property listings. They require buyers to put 5% down, which is a lot less than the standard 20% down.
How it works
When you sign up for a HomePath account, you can log in and see the status of your offer, receive alerts when someone makes a competitive offer and if needed, make negotiations. Signing up for this service will give you the opportunity to make offers and purchase properties before they are available to investors.
Home updates
Fannie Mae offers repairs to some properties to increase the market value. They do not guarantee every property will receive repairs. They also state that they may not repair or replace everything. When it is possible, they try to make some eco-friendly improvements to the foreclosure properties. These include smart thermostats, energy efficient appliances, water conservation and the use of recycled materials for carpeting. The properties are sold as is and they are not responsible for any repairs after closings. It is recommended to hire a home inspector and purchase a home warranty on your own.
Read the FAQs
HomePath offers an extensive FAQ section that we strongly recommend you read. They have categories such as General FAQs, Homebuyer FAQs, Real Estate Agent FAQs, Community FAQs, Investor FAQs, Vendor FAQs and Support FAQs. These frequently asked questions contain a plethora of information on how their program works, providing specifics for each aspect you might need whether you are a homebuyer, real estate agent or investor.
Filter options
When searching for a foreclosure property on HomePath, you have multiple options to narrow down your search. You can search by price, beds, baths and square feet. You may also filter by home type, property status, listing type and year built. This will assist you in finding the perfect foreclosure property for your needs. At the bottom of the home page, HomePath also provides links to calculators for how much you can afford and/or borrow, resources for investors, finding your home, making an offer, scheduling a tour, and the closing process.
Customer warnings
Customers have stated that Fannie Mae is listing their properties well above market value. This allows them to not require an appraisal. You may, however, be purchasing a property for more than it is worth. A customer said to make sure you do the home inspection. Some of the updates done to the homes include painting over issues such as mold, termite damage and physical damage. These are done to increase market value but are just an aesthetic coverup and not a permanent fix.
Ok option
HomePath is an ok option when looking to purchase a foreclosure property. However, we encourage you to get a home inspection to make sure there are not unseen issues with the property. Due to these foreclosure properties being sold as-is, we also suggest purchasing a home warranty to cover any issues that may arise. Being able to purchase a property with 5% down is an excellent option for first-time home buyers, but for all other clients, HomePath might not be their go-to foreclosure listing site.
Realtor is an online real estate listing site operated under Move, Inc. They have a wide variety of properties, including foreclosures. The website offers buyers tools to make their property shopping a breeze. Realtor has also won numerous awards from sources that include Newsweek, Housing Wire, Top Workplace and more.
Free to use
Realtor is free to use when searching for a foreclosure property. They make their website simple to use: to find the foreclosures available, enter the area you are searching for, then select foreclosures. You can then sort by relevant listings, newest listings, lowest or highest price, open house date, largest sqft, lot size or recently reduced.
Listing information is extensive
The listings on Realtor come with a wealth of information on the properties. When clicking on a property it will show you the approximate price, number of beds, number of baths and square footage. The website includes the property address and, for most listings, a picture of the house. They also include what type of property it is, the year it was built, how long it has been listed, the price per sqft, and type of parking. You can see if there are any open houses, the property details and the property history. You also have access to tools about the area including about the neighborhood, schools, nearby home values and environmental risks.
News and Insights for more tips
Realtor has a section for customers called News & Insights. This section has tools to use when buying a foreclosure property. You can see the latest news, housing trends, real estate news, celebrity real estate, unique homes, for pros and a corporate blog. Each of these take you to articles about those various topics. Under the "Buy" section on the website, they also have information on the housing market in the area and prices of recently sold properties.
Home buying tips
Realtor also offers a section on their website called Home Buying Tips. This section offers a home buying checklist which can be very useful when searching for a new house. They also have "Home Buyers Reveal: What I Wish I Had Known Before Buying My First Home" which is a blog with tips for first-time homebuyers. There is also a first time homebuyers resource center. This has a variety of information about the homebuying process.
Customers approve
Move, Inc has received an "A+" rating from the Better Business Bureau. This is the parent company of Realtor. Customers say that they like how quick the site is to update listings. They get notifications from their realtor through MLS listings, and then the website has the same property shortly after, if not before. Another says that it is easy to navigate. A lot of the complaints come from the realtor side, and the cost they have to pay to get leads from the website. One customer said they wished the website had the option to chat with a realtor before giving their information out. Also, after giving their information on a property, they get calls from realtors on other locations instead of the one they are interested in.
Not specialized in foreclosures
Realtor is a great choice if you are looking for a foreclosure property on your own. They do not specialize in foreclosures though, so there are no tools to lead you through that process. This service is well received by customers and seems to be great for looking at what is out there on the market. We like that they are a free company to use as well. If you do not need assistance with your foreclosure purchase, we recommend giving them a look.
HUD Foreclosed claims to be America's #1 provider of foreclosed properties, with the largest listings of bank and government owned foreclosed properties. These include properties from the Department of Housing and Urban Development.
What is offered
HUD Foreclosed offers all the information you need to purchase a foreclosed home at or below the market value. They offer a password-protected website that will grant you access to multiple features. You will be able to find homes starting at $10,000, learn how to purchase foreclosures, apply for home loans and assistance, research real estate news and trends and connect with other members.
Membership options
HUD Foreclosure offers three options to new customers. The first is a 21-day trial for just $1. If you do not cancel within 21 days to the hour, you will be charged the monthly rate. The second option is a monthly membership which will run $49.60 per month. This option will charge every month until you cancel. The third option is a 3-month membership; however, their website does not list the price for this option. The 3-month membership does not renew automatically after 90 days. If you choose to cancel your subscription, you can email them or call (800)374-9490. Any service fees that are charged are not refundable. According to their terms and conditions, they also offer promotions for memberships from time to time.
Zero down payment options
If you don't have money for a down payment, HUD Foreclosure offers some options for you. The first is a "rent to own" option and the other is a "Lease option" . With these, you will lease the home for a certain amount of time and part of your monthly payment will be applied towards your down payment of the property. At the end of the set amount of time, you will purchase the home.
Difficult to cancel
The Better Business Bureau has awarded HUD Foreclosure an "A" rating, probably because the majority of customer complaints there are due to not reading the fine print. When signing up for the 21-day trial, you must cancel before hitting day 21. Otherwise, you will be charged $49.60 per month. Customers are saying that the company did not inform them of this, but we see it listed multiple times on the website. HUD Foreclosure appears to have offered courtesy refunds to customers who wrote complaints on the BBB website. We found similar complaints from customers on other review sites about the difficulties in canceling the trial membership. Multiple customers said they canceled before their 21 days were up and were still charged $49.60. Other complaints are about inaccurate listings being on the site. These include homes that are not active foreclosures being listed as currently for sale.
Better options out there
When looking for a foreclosure property, there are better options out there. HUD Foreclosure is one of the more expensive options when it comes to monthly memberships. Add in their out-of-date listings, and they are just not a top choice. They are difficult to cancel, and even if you think you took all the appropriate steps, many customers have stated that they were still charged.
RealtyStore is based in California and was founded in 2005. They have foreclosure listings in all 50 states. They offer a number of membership plans but customer reviews are disappointing.
Membership options
RealtyStore offers 3 membership options to their customers. The first is a monthly membership. With this option you are eligible for a 7-day trial for $1. If you decide to continue, or do not cancel the membership, this level will be $49.60 per month. You will be charged the full price if you do not cancel your trial to the day and on the hour of the time you registered. The second option is the 3-month membership. This option does not offer a trial. It also does not auto-renew at the end of the 3 months. The website does not list a price and when we tried to sign up, the website didn't work. The third option is an annual membership. There is no free trial with this option either and you won't be charged a renewal. This option costs $179.
How to use the website
When looking at the RealtyStore website, they have multiple options for searching for foreclosures. You begin by picking a location. Next, you will go to the "buy" tab and select between foreclosures, pre-foreclosures, bank owned and REO's, home auctions, short sales or HUD homes. They also offer tips and insights into foreclosure buying processes, procedures and timelines. When selecting these options, you will be directed to articles written about each topic. These can be helpful when shopping for a foreclosure property. The RealtyStore website also has a Learning Center section. Here you can find articles on the different foreclosure property types and learn more about the process.
What's included on the website isn't noteworthy
RealtyStore's website is similar to most of the foreclosure websites. Instead of searching by city, you will search by county. That is the major difference we found with this foreclosure listing service. The website includes property details, property features, price information and estimated value history. A lot of these require you to have the membership to actually see the information. They also have the price, number of beds, number of baths, property type, square footage and where it is located. These are available for anyone to view.
How to cancel
If you choose to cancel your membership to RealtyStore, you can simply email them or call their 1-800 number. They are available Monday through Friday from 4am to 8pm PST as well as Saturday and Sunday from 7am to 3:30pm PST.
Negative customer experiences
RealtyStore received an "A" rating from the Better Business Bureau. This surprised us because there are not many positive reviews out there. Someone said customer support was helpful in canceling their membership. Most of the positive comments are from realtors pleased with the leads they have received. Most customers are displeased with the difficulty in trying to cancel their membership. Getting someone on the phone to help appears to be a feat in itself. One customer also states that the addresses listed on the foreclosure listings are not the actual address. This can be an issue when trying to pick a certain neighborhood.
Choose another foreclosure listing site
When looking for a company to shop with for foreclosures, we suggest looking elsewhere. RealtyStore is difficult to cancel, which can cause a lot of frustrations. There are many inaccuracies throughout their website including location of properties and how much their services cost. The website also crashes easily. There are better companies available to use when shopping for foreclosed properties.
Foreclosure Listings is a company based out of Cutler Bay, FL. They began in 1998 and were one of the early online foreclosure listing pioneers. They update their site 7 days a week and it is done continuously throughout the day. They are one of the largest databases for foreclosure properties, getting their listings from big companies like HUD, Fannie Mae, Freddie Mac, the government and more. They also have courthouse scouts looking for information on properties as soon as they are filed as a foreclosure. Once these properties are auctioned and available for sale, they post them immediately to their database.
Membership options
When you sign up for Foreclosure Listing, you will get a 7-day trial for $3.95. After the 7 days are up, if you choose to continue, you will have two membership options. The first option is a monthly membership for $39.95. The second option is a year-long membership for $99. There are no additional fees other than your membership. If you choose to cancel your monthly membership option, be sure to cancel before your next month, or you will be charged the full month and the cancellation will begin the following month.
Your information may be sold
When you create an account with Foreclosure Listings, they disclose in their terms and conditions that they may sell your information to brokers. They believe that this may be in your best interest. The third-party brokers might contact you directly or indirectly to offer their foreclosure property to you. If you do not want your information sold, you will need to contact Foreclosure Listings immediately to get your information removed from their foreclosure alert mailing list.
Limited number of listings to view
Foreclosure Listings also has a limit set to the number of listings you can view in a 24-hour period. They do not disclose this number and state that it is a "secret number" with the intent to limit data mining. They specify that if the user does not agree to this, they shouldn't use this website. With the cost of a membership, you wouldn't expect to see undisclosed limitations on the website.
Not as easy to use as competitor listing sites
When looking at the Foreclosure Listings website, you will start by entering the city, state or zip code of where you are looking for a foreclosure property. Once you are in a certain location, you may narrow down by property type which includes foreclosure, pre-foreclosure, short-sale and sheriff-sale. You may also filter the number of beds, baths and price. There are not as many filter options as other foreclosure websites.
Negative opinions
Foreclosure Listings has earned an "F" rating from the Better Business Bureau. One noteworthy complaint stated that Foreclosure Listings has listed someone's property as a foreclosure - inaccurately and without permission. A realtor also commented that they have nothing to do with foreclosures or this website, yet they are listed as a contact on several listings. Many customers have left complaints on the discrepancies between what is on the website and what is available through the county records. There are also price and property detail discrepancies. Another big complaint is that even after customers have canceled their memberships, Foreclosure Listings continues to charge their accounts.
Avoid this company
When looking for a company to help you locate and purchase a foreclosure property, there are many better choices. You should avoid using Foreclosure Listings to search for your next property. They do not have a free trial and are difficult to cancel. They also continue to charge accounts after they have been canceled. There are multiple discrepancies on their website about available properties. It's easy to see why customers do not have positive things to say about this foreclosure website, and why we recommend that you choose a higher-ranked service in our review.
View Foreclosure Homes offers no drop-down menu or information as to who they are. There are no terms and conditions, privacy policy or site details. Out of all the foreclosure websites we evaluated, this is the only one without such basic information.
How to navigate
This website is as basic as you can get. From the home page, all you have the ability to do is search a city. This directs you to a new page that has you select options from categories. These include type of home, how many bedrooms, how many bathrooms, do you have credit card debt, what is your monthly household income, what is your estimated credit score. Once we get to this page, we are finally able to view a privacy policy.
Wading through the questions
After this you get to answer more questions. They now want your first name, last name, street address, zip code email and phone number. There is a box on if you would like to be contacted by a credit repair professional to assist in repairing your credit. That's a lot of irrelevant information to ask for, especially when View Foreclosure Homes tells you nothing about what they'll do with your answers.
The fine print
In fine print, when you submit your information to look at homes to purchase, you are agreeing to allow View Foreclosure Homes and its affiliates to contact you in regards to their programs and offers. These include health and life insurance, motor vehicle accidents, real estate and other home-related matters. They have permission to contact you via text, email and automated calls, even if you are registered on any state, federal or corporate Do Not Call list. In other words, this site seems to exist solely for the purpose of selling your data. Not good.
Can't view homes
If you choose to not give View Foreclosure Homes your personal information, you cannot view the foreclosure properties. It shows pictures of homes but you will not have the ability to click on them and view anything about them.
No customer reviews
Upon an extensive search, there are no customer reviews at all for View Foreclosure Homes. This is yet another red flag with this company. They give off scam vibes.
Avoid at all costs
View Foreclosure Homes should be avoided at all costs. It appears to be a scam website that is trying to collect personal information to sell to its "affiliates" , some of which have nothing to do with purchasing properties. If you do not agree to the terms laid out, we suggest not filling out the forms to view houses.
However, there are some concerns when it comes to purchasing a foreclosure property. The biggest one is that there may be increased maintenance issues. Some homeowners feel the need to destroy the property before vacating it. They also have no motivation to do the upkeep before leaving. Foreclosure properties are often sold as-is, sometimes with no opportunity to inspect the inside prior to closing. You could find a bit of a fixer-upper missing an appliance or two, or there may be extensive damage down to the studs.
Foreclosure listing websites can save you a little legwork when it comes to tracking down possible properties to purchase. They scour public records to look for homes with missing payments, as well as ones where the bank has already begun the foreclosure process and you could get in on a deal.
As you start to consider which foreclosure website to use, here are a few key features to consider about what each website has to offer.
TopConsumerReviews.com has reviewed and ranked the best Foreclosure Listings available today. We hope this information helps you in your real estate goals, whether you're buying a home for yourself or adding to your investment portfolio!
Select any 2 Foreclosure Listing Services to compare them head to head