Wednesday, March 24, 2010

Search Foreclosure & REO Transactions


We've recently made some major changes to the MidlandsTrends.com database! We've added a "Foreclosure & REO Search" form available to FREE and Upgraded users. Search by the following:
  • Richland or Lexington County
  • Transaction Date Range
  • Foreclosure and/or REO Transaction
  • Property Type: Residential, Land or Commercial

Upgraded users are able to download the list of foreclosures and REOs to a spreadsheet for further analyzing and research. Use this new tool to estimate liquidation value, price a fire sale, search for potential investments, etc.

Having owned investment property, in the past I've used all the highly marketed online tools such as RealtyTrac.com and Foreclosure.com. Typically I'd cancelled my accounts within weeks after learning how out-dated or inaccurate the data was. More than a few times I'd emailed both services to clarify inaccuracy's in the data I received; the response was usually vague and did not resolve my issue. MidlandsTrends.com is based on actual transactions recorded at the county.

-Terry Peterson, PMP

March 2010 Update

Richland County finally came through with posting their year-end real estate data and they had a huge Q4 in 2009. December was Richland County's and Lexington County's busiest month for commercial real estate transactions, 31 for Richland and 17 for Lexington. In dollar-volume, both county's ended the year with the their most lucrative months totaling $270M in real estate transactions.






Sales data based on county assessor-stated sales prices, includes FSBO, Foreclosure and REO transaction. Please read our disclaimer regarding real estate transaction data.

Interested in for details on specific transactions?
Visit MidlandsTrends.com and register for FREE access to search our real estate sales database, including FSBO sales, foreclosure and REO search!


-Terry Peterson, PMP