Foreclosure Information: Understanding Free Vs. Paid Listings

Information

Both types of foreclosure list are good depending on what information you want and the level of competence of the investor. If you are a beginner, it will be recommendable to go for the paid service which can give you further information equal in value to that coming from a real estate professional. The reason is that, the paid service will take any common information on foreclosures and then conduct independent research to provide you with a more complete and comprehensive report on the property. A professional who has already developed links and contacts in the field may not need this elaborate report. He may only need a list of houses for sale and then carry on is own research.

Prices

A foreclosure list can be obtained for $20 a list or at a subscription of $100 a month. In between these two price ranges are intermediate ones which are a reflection of how much information is contained in these listings. Usually, your need and your level of competence in the field will determine which listing to go for.

Mail option

If you want a customized list, you may want to pay a higher price to have your unique needs factored into the list. Additionally you can ask for listings to be sent by emails, or formatted into spreadsheets so you import into your desktop programs for your convenience.

Like with any product, an extensive search for and comparison for available foreclosure list will give you the best price and value for money.