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

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