Foreclosure Town

Further research into Foreclosure Town uncovered many complaints posted on Rip-Off Report.com basically accusing ForeclosureTown of providing lists that were so out of date as to be useless, the fee was way too high, it is nearly impossible to cancel a membership with them and refunds were almost nonexistant. Foreclosures.com lists Foreclosure Town as a foreclosure site to be avoided. The fee for ForeclosureTown's lists appears to be about $400, which is a pretty high price to pay, considering foreclosure listings are provided by real estate agents, mortgage companies and banks for no fee at all. Foreclosure Town is yet another company offering foreclosure listings.

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Foreclosure Town claims their lists include properties from every state in the U.S. and includes homeowners in distress as well as bank owned properties. Remember, if you are looking to use foreclosures as your means of real estate investing, it is usually better to contact a local realtor or bank for a free listing. My opinion is that Foreclosure Town is an overpriced list that is basically worthless. But I am testing their list right now to see how effective it is. If it performs well, I'll post my findings to this page. So bookmark this page and check back often.

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