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Foreclosure.com Review and Pricing » Unify Real Estate

Overview

Foreclosure.com was founded in 1999 and is headquartered in Boca Raton, FL.

Welcome to your one-stop-shop for Foreclosure.com reviews!

Foreclosure.com has nationwide coverage, indeed the most comprehensive coverage of any foreclosure database.

Best Features

Largest Database of Pre-foreclosure Information

They get their data from courthouses, Fannie Mae and Freddie Mac, HUD, and more.

They even syndicate some of their information to competitors!

A subscription earns you complete access to their database and listings.

Obviously so do all your competitors! These are not exclusive leads, but nor are other list services (e.g. FSBO, Expired, etc, which are all public information).

Some foreclosure data might be outdated on homes that have since been foreclosed at auction or resold.

No Limits

Focused on preforeclosures, they do not have probate or divorce lists available.

If you are looking for preforeclosures because you are headed to the auction, there are some services that provide more auction-related data. Roddy’s Foreclosure Listing Service, for example, offers Struck Off Lists and Unsold Properties lists so you can track the county auctions and their results with precision. Their services, however, have nowhere near the same coverage as Foreclosure.com, and are more expensive.

Lingering Data

Other services are also more diligent about being accurate and updated on auction properties, publishing the list 2-3 weeks prior to auction.

It looks like Foreclosure.com doesn’t distinguish by auction date, meaning it would take a bit of work to be prepared when bidding at the auction with Foreclosure.com data.

Foreclosure.com is $39.80 a month for access, including nationwide coverage.

They also offer a 7-day trial.

Biggest Pitfalls

No Probates or Divorce Lists

*This is current to the best of my knowledge at the time of this writing. Contact the vendor directly to check current prices, discounts, and terms.

In the past, I personally used Roddy’s Foreclosure Listing Services when I traveled to the auction or worked preforeclosure leads as an agent. It is what everyone at the Bell County, TX auction uses to track auction properties there, and the company was even purchased by a group of investors in the area.

But it is far more expensive than Foreclosures.com and only for a single county and single data type at a time! Foreclosures.com is surprisingly affordable for having access to all their lists and information.

If you are an investor or work with investors, Foreclosure.com’s pre-foreclosures list is an easy way to cast a wide net in your entire metro for potential distressed sellers.

Foreclosure.com Pricing*

  • $39.80/mo for access
  • 7 day free-trial

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My Recommendation

Not as Much Auction Information

  • You are an investor or have investor connections and want to prospect to listings with motivated sellers

Use Foreclosure.com if…

  • You are laser-focused on the Auction (consider a local list service)

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