Does Foreclosure ID Really Work?
Foreclosure ID is a set of software that searches over 3 million properties daily nationwide, and provides immediate notice of properties that are in the pre-foreclosure status or have been foreclosed, as soon as they hit the county records. They are in essence selling time, in that you are informed of the property even, they claim, before the “For Sale” sign is posted on the lawn in front of the house. According to them, this listing can be useful for buyers, realtors, entrepreneurs, and investors who are looking for low cost properties that can be purchased for up to 30-50% below the market value. ForeclosureID also claims that you can buy using no money out of your pocket, and even regardless of your credit.