February 5, 2012

Foreclosure Web site reviews: Foreclosure.com earns top rating in independent study

Foreclosure Web site reviews: Foreclosure.com earns top rating in independent study
Without our prior knowledge, a team of three real estate professionals who represent Inman News — the leading source of independent real estate news, information, advice, research, opinion and commentary for industry professionals and consumers alike — today issued a detailed review of the Foreclosure.com experience. The investigation focused on three major areas: Ease, value [...]

Without our prior knowledge, a team of three real estate professionals who represent Inman News — the leading source of independent real estate news, information, advice, research, opinion and commentary for industry professionals and consumers alike — today issued a detailed review of the Foreclosure.com experience.

The investigation focused on three major areas: Ease, value and power. We’re thrilled to pass along news that Foreclosure.com excelled in these areas, scoring an 86 or better in all three categories.

Here is the top-level summary of the findings:

“On a rating scale of zero to 100, the site scored 86 or higher in all of the three rating categories … with the highest rating (90) for ease of use — based on an average of the three reviewers’ ratings.”

There are numerous positive remarks contained in report that we can hang our hat on; however, there is one from review team member Janet Gorman Krauss, associate broker at Keller Williams Real Estate in Philadelphia, Pa., that really stands out.

Here is her take on our “ease:”

“As an agent (who) has used another foreclosure site for the past several years, I did have a baseline to compare with in my evaluation of Foreclosure.com. The site was easy to use and well organized. The content was exactly what it should have been, detailed and concise. I was surprised to find the telephone numbers of the attorneys, trustees and Realtors listed with the properties, which is a very nice feature.”

What’s so special about this quote? It’s pretty simple: Foreclosure.com prides itself on providing the most accurate and detailed distressed real estate listings available anywhere.

We have an entire research and technology department that is charged with combing through each of our nearly two million nationwide listings, ensuring that they are accurate and contain the most up-to-date contact information as possible.

So when industry professionals put us to the test, and we pass with flying colors, it’s confirmation once again that all of our hardwork and dedication is making a big difference.

Of course, there were other highlights from the review, including praise for our Community Expert Program and Affiliate Program, among others. Check out the entire survey right here (subscription may be required).

And to search the best (and most accurate) foreclosure site on the Web right now click here.



HGTV ‘$250,000 Challenge’ sweepstakes could save Los Angeles-area home from foreclosure

HGTV ‘$250,000 Challenge’ sweepstakes could save Los Angeles-area home from foreclosure
The stakes could not be higher for one contestant who is set to appear on HGTVs “$250,000 Challenge,” which is the latest home improvement-inspired program set to debut on the network on Sunday, May 31, 2009. Kelley Alexander of Sherman Oaks, Calif., is a 47-year-old mother of two teen-aged children. She was selected to compete [...]

The stakes could not be higher for one contestant who is set to appear on HGTVs “$250,000 Challenge,” which is the latest home improvement-inspired program set to debut on the network on Sunday, May 31, 2009.

Kelley Alexander of Sherman Oaks, Calif., is a 47-year-old mother of two teen-aged children. She was selected to compete against four other families in the neighborhood “in a series of weekly home improvement and design challenges with the winner ultimately walking away with a newly renovated home” and $250,000.

The timing could not be better — Alexander was apparently served a notice of mortgage default and possible foreclosure action on the first day of filming the show, according to the Chicago Tribune.

Here’s a snip from her:

“We have a bad mortgage. On the first day of [the show], they put foreclosure papers on my door…. It’ll take about $50,000 to save the house.”

Sounds dramatic, which is more than likely the concept. Even if Alexander doesn’t win, hopefully she can somehow still save her home.

“Dancing with the Stars” winner Drew Lachey has been tapped to host “$250,000 Challenge.” For more details on the show, including background on the various homeowners expected to vie for the prize opposite Alexander, click here.