Inman

Find foreclosures via iPhone

Foreclosure data company ForeclosureRadar has released a new iPhone application, the company announced today.

The app allows ForeclosureRadar subscribers to see foreclosure activity in California, Arizona, Nevada, Oregon and Washington. Users will be able to find properties in various stages of foreclosure nearby or find listings by city or ZIP code. The app also includes daily auction schedules.

"Success in today’s foreclosure market is driven in large part by the quality and timeliness of your information," said Sean O’Toole, ForeclosureRadar’s founder and CEO, in a statement. He founded the San Francisco Bay Area-based company in May 2007.

He said the app is designed for a range of users, "Whether you are an auction investor who needs instant information on the courthouse steps, a Realtor working with clients in the field, or an investor or government staffer doing site inspections."

The app displays property details, including ownership, loan history, foreclosure notices, estimated value and equity, tax assessments, and transaction history. Users can review financial analyses, with properties’ projected resale and rental return on investment, on the app through their ForeclosureRadar account.

Users can also tag and save favorite listings as well as take photos and save their own notes about listings to review later or share with others.

The app is free to ForeclosureRadar subscribers through the Apple App Store. Subscriptions to the online company are $49.95 a month; a three-day free trial is available to non-subscribers.