Inman

Foreclosure real estate listings lock arms with FSBOs

Foreclosure.com, a provider of residential foreclosure property information nationwide, soon will offer for-sale-by-owner property listings to its subscriber base, the company said today.

The company entered a private-label agreement with Owners.com, a national database of for-sale-by-owner listings. The FSBO properties provided by Owners.com will be included with Foreclosure.com’s foreclosure listings for each state. Foreclosure.com subscribers can receive the FSBO data at no additional charge.

“Home buyers interested in foreclosure properties are also interested in purchasing FSBO properties,” Owners.com President Steve Udelson said. “Having Foreclosure.com feature our FSBO listings on its site represented an ideal opportunity to provide our FSBO sellers with additional exposure, ultimately leading to a faster sale.”

Boca Raton, Fla.-based Foreclosure.com has access to an inventory of Real Estate-Owned (REO) properties; Department of Housing and Urban Development (HUD), Department of Veterans Affairs (VA), Fannie Mae, and other government agency and financial institution properties; as well as listings from an extensive network of corporate sellers. 

“It is our goal to become a one stop shop for our customers’ real estate investment needs,” Greg Sullivan, co-founder and VP of Foreclosure.com said. “Our existing foreclosure customers are jumping at the opportunity to view additional inventory.”

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