Foreclosure.com Review: Is It Worth Your Time?

Foreclosure.com is a website that provides a comprehensive list of foreclosed properties across the United States. It is a popular platform for real estate investors, homebuyers, and landlords looking to purchase properties at a discount.

However, before using any website, it is important to read reviews to ensure that it is legitimate and provides accurate information.

According to Trustpilot, Foreclosure.com has an average rating of 3.6 stars out of 5, with many customers praising the site for its comprehensive list of properties. One customer stated that they found some great home listings on the website that they could not find anywhere else.

Another customer signed up after the trial and found the site to be the only lead that happened to pop up at the sale on a house they had been trying to get for months.

However, it is important to note that some customers have also left negative reviews, citing issues with customer service and outdated property listings.

Overview of Foreclosure.com

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Foreclosure.com is a website that provides access to a comprehensive database of pre-foreclosure, auction, and bank-owned properties across the United States. The website was founded in 1999 and is headquartered in Boca Raton, FL.

Foreclosure.com is a business that caters to real estate investors and agents who are looking for investment opportunities in the real estate industry. The website offers an affordable product that allows users to target motivated pre-foreclosure homeowners across America.

The website is user-friendly and easy to navigate. Users can search for properties by state, county, city, zip code, and property type. They can also filter their search results by price range, number of bedrooms, number of bathrooms, and square footage.

Foreclosure.com offers a free trial for users who want to test the product before committing to a subscription. The trial gives users access to the website’s database of pre-foreclosure, auction, and bank-owned properties for seven days.

Based on my research, Foreclosure.com is a valuable resource for real estate investors and agents who are looking for investment opportunities in the real estate industry.

The website provides access to a comprehensive database of pre-foreclosure, auction, and bank-owned properties across the United States.

Exploring the Listings

When it comes to finding foreclosed properties, Foreclosure.com offers a variety of listings to choose from. In this section, we’ll explore the different types of listings available, how to understand them, and the search abilities provided by the platform.

Types of Listings

Foreclosure.com provides a range of detailed listings that can help users find their ideal property. These listings include pre-foreclosures, foreclosed properties, REOs, and sheriff sale listings. The platform also offers short sale listings and city-owned listings.

Each listing provides information about the property type, location, and price. Users can also view photos of the property, as well as any additional details provided by the seller.

Understanding the Listings

Foreclosure.com’s listings provide a wealth of information for users looking to purchase a foreclosed property. The platform provides detailed information about each property, including the property type, square footage, number of bedrooms and bathrooms, and the estimated value of the property.

Retipster (.com) mentioned that the users can also view information about the foreclosure process, including the estimated auction date, the opening bid amount, and the status of the property. This information can help users make informed decisions about which properties to bid on.

Search Abilities

Foreclosure.com’s search functionality allows users to search for properties by location, property type, and price range. Users can also search for properties based on their status, such as pre-foreclosure or foreclosed.

The platform also provides a range of search filters, including the ability to search for properties based on their square footage, number of bedrooms and bathrooms, and the estimated value of the property.

Overall, Foreclosure.com’s search functionality provides users with a range of options to help them find the perfect foreclosed property.

With detailed listings, informative property information, and a range of search filters, Foreclosure.com is a great resource for anyone looking to purchase a foreclosed property.

Free Trial and Membership

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Foreclosure.com offers a free 7-day trial period for interested users to test the platform before committing to a paid membership. During the trial period, users have access to all the features of a paid membership, including property listings, foreclosure data, and educational resources.

Trial Period

To sign up for the free trial, users must create an account and provide their payment information. If the user does not cancel their subscription before the end of the trial period, they will be automatically enrolled in a paid membership plan.

It’s essential to note that the free trial is only available to new members and cannot be combined with any other offers or promotions. Additionally, Foreclosure.com reserves the right to cancel or modify the trial period at any time without notice.

Membership Packages

Foreclosure.com offers three paid membership packages: Basic, Standard, and Premium. Each package provides access to different features and resources, with higher-tier packages offering more comprehensive data and analysis.

The Basic package costs $39.80 per month and includes access to foreclosure listings, pre-foreclosure listings, and auction listings. The Standard package costs $49.80 per month and adds access to exclusive property data, such as estimated market values and property histories.

The Premium package costs $59.80 per month and includes all the features of the Basic and Standard packages, plus access to advanced analytics tools and educational resources.

Users can cancel their membership at any time, and Foreclosure.com offers a 30-day money-back guarantee for new members who are not satisfied with the platform.

Overall, Foreclosure.com’s free trial and membership packages provide a comprehensive suite of tools and resources for individuals looking to invest in distressed properties.

Investing in Properties

Foreclosure.com provides an opportunity for investors, homebuyers, and landlords to find some of the best real estate deals available. Here are some things to keep in mind when considering investing in properties through Foreclosure.com.

For Real Estate Investors

Real estate investors can profit from purchasing foreclosed properties. With Foreclosure.com, investors can search for properties that fit their budget and investment goals.

Investors can also use the site to research the properties they are interested in, including the asking price, style, and design of the house.

When purchasing a foreclosed property, investors should keep in mind that they will need to budget for repairs and renovations. They should also be prepared to make a down payment and loan payments.

For Homebuyers

Foreclosure.com provides homebuyers with an opportunity to purchase a home at a lower price than what they would pay on the open market. Homebuyers can search for properties that fit their budget and needs, including the style and design of the house.

Homebuyers should keep in mind that they will need to make a down payment and loan payments. They should also be prepared to budget for repairs and renovations if necessary.

For Landlords

Landlords can use Foreclosure.com to find properties that they can rent out to tenants. With Foreclosure.com, landlords can search for properties that fit their budget and investment goals.

They can also use the site to research the properties they are interested in, including the asking price, style, and design of the house.

When purchasing a foreclosed property, landlords should keep in mind that they will need to budget for repairs and renovations. They should also be prepared to make a down payment and loan payments. Landlords should also be prepared to manage the property and tenants.

Overall, Foreclosure.com provides an opportunity for investors, homebuyers, and landlords to find some of the best real estate deals available. However, it is important to do thorough research and budget for repairs and renovations when necessary.

Customer Support and Service

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Customer Service

Foreclosure.com offers customer service through email, phone, and live chat. Customers can find the contact information on the website’s “Contact Us” page. The customer service team is available during business hours and is responsive to inquiries.

According to reviews on Trustpilot, some customers have had positive experiences with the customer service team. One customer wrote, “I had a few questions about the service, and the customer service team was very helpful and friendly.”

Customer Support

Foreclosure.com provides customer support through a knowledge base, where customers can find answers to frequently asked questions. The knowledge base covers topics such as membership, property listings, and bidding.

In addition to the knowledge base, Foreclosure.com offers a 7-day free trial for customers who want to try the service before committing to a membership. The trial provides access to the website’s property listings and other features.

Overall, Foreclosure.com’s customer support and service are satisfactory, according to reviews on Trustpilot. Customers who have had positive experiences with the service often cite the helpfulness of the customer service team and the ease of use of the website.

However, some customers have reported issues with billing and cancellation. It is important for customers to read the terms and conditions carefully before signing up for a membership and to contact customer service if they have any questions or concerns.

In summary, Foreclosure.com offers responsive customer service and helpful customer support through its knowledge base and free trial. However, customers should be aware of the terms and conditions and contact customer service if they have any issues or concerns.

Additional Features

Foreclosure.com boasts a wide range of features that make it a valuable resource for anyone interested in finding distressed properties. In this section, we will take a closer look at some of these features, including Rent to Own Options, Bankruptcy Listings, and Detailed Property Information.

Rent to Own Options

One of the unique features of Foreclosure.com is its Rent to Own Options. This feature allows renters to lease a property with an option to buy it at a later date. This can be a great option for those who are not quite ready to commit to buying a property but want to have the option to do so in the future.

Bankruptcy Listings

Foreclosure.com also provides a comprehensive list of Bankruptcy Listings. These listings include properties that are in the process of being foreclosed on due to bankruptcy. This can be a great resource for investors looking to purchase distressed properties at a discounted price.

Detailed Property Information

Foreclosure.com provides detailed information on each property listed on its website. This includes information such as the property’s address, zip code, foreclosure timeline, county, and more.

In addition, Foreclosure.com provides detailed descriptions of each property, including information on the property’s history on the market, exact address, tax roll information, and more.

Foreclosure.com also provides a mortgage rate calculator and price range search tool to help users find properties that fit their budget. Users can search for properties based on land size, number of bedrooms, and other criteria.

Overall, Foreclosure.com offers a wealth of information and resources for anyone interested in finding distressed properties. With over two million listings and mass coverage of suburbs and smaller towns, Foreclosure.com is a valuable tool for anyone looking to invest in real estate.

Property Specifications

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When searching for a property, it’s important to consider the specific features that are important to you. Foreclosure.com provides detailed information about each property, including the number of rooms, land size, and additional features.

Number of Rooms

The number of rooms in a property is a key factor to consider when searching for a new home. Foreclosure.com provides information about the number of bedrooms and bathrooms in each property, as well as the overall square footage.

This information can help you determine if the property is the right size for your needs.

Land Size

The size of the property’s land is another important consideration. Foreclosure.com provides information about the lot size, allowing you to see how much outdoor space is available.

This information can be particularly helpful if you’re looking for a property with a large backyard or outdoor living space.

Additional Features

Foreclosure.com also provides information about additional features that may be available in each property. This can include a garage or basement, which can provide additional storage space or living areas.

Other features may include a pool or outdoor living space, which can be ideal for entertaining guests or enjoying the outdoors.

Drawing from my extensive industry experience of 15+ years, I can confidently say that Foreclosure.com is a goldmine of comprehensive property details that empower you to make informed decisions based on the perfect fit for your specific needs.

To Summarize

Foreclosure.com is a comprehensive real estate tool that provides users with access to a wide range of properties and detailed information about each property. It is a paid service, but many users find it to be worth the cost because of the valuable information it provides.

One of the main benefits of Foreclosure.com is its comprehensive coverage of viable real estate opportunities in suburbs or rural areas. It lists many properties in smaller towns, making it easier for users to find a smaller home and get a better deal on their mortgage.

Foreclosure.com also offers a variety of property types, including bank-owned homes, government foreclosures, pre-foreclosure listings, real estate-owned properties (REO), and foreclosure auctions. This variety of options allows users to find the type of property that best fits their needs and budget.

Another benefit of Foreclosure.com is its user-friendly interface, which makes it easy for users to search for properties and access detailed information about each property.

The website also provides helpful resources and tools, such as foreclosure education and financing options, that can assist users in making informed decisions about their real estate investments.

Overall, Foreclosure.com is a valuable tool for anyone looking to discover affordable real estate opportunities and investments.

While it is a paid service, many users find it to be worth the cost because of the comprehensive coverage, variety of property types, and user-friendly interface it provides.