Foreclosure Data: true or false?

There have been a few articles written recently debating the accuracy of certain company’s foreclosure data. Mainly regarding the prices associated with foreclosure and pre-foreclosure listings.  FSBO.com has been partnered with Foreclosure.com for more than 5 years, and could not be happier with the reliable data that they provide our customers and the speed at which they respond to any customer service issues we send their way.  Please take a minute to read each of the two articles below

Foreclosure.com Article:  “Free foreclosure listings: What is right and wrong”

Inman News Article:  “When prices are too good to be true”

Both articles received blog comments from industry professionals, Realtor’s, and CEO’s of similar Foreclosure websites.  I am curious to hear what actual consumers think about all of this.  Do you feel tricked, or mislead by sites such as the ones mentioned in the articles?

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5 Responses to “Foreclosure Data: true or false?”

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  2. Charles Schmidt Says:

    Is there a way to verify how many foreclosures are not listed in the MLS?

    I am suspecting some realtors are hoarding info for there own purposes and not listing foreclosures to stymie competition.

    Reducing the number of potential buyers drives the purchase price down and may serve the realtors investors/buyers at the expense of everyone else.

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