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Foreclosure World Review

Foreclosure World claims to be one of the best foreclosure listing services and to have been used by investors as well as first time home buyers for over 14 years. Many different foreclosures are listed such as bank owned, government owned, pre-foreclosures, HUD and VA home as well as homeowners in distress.

However, I found that ForeclosureWorld requires a $300 fee for these lists. Most of the information can be found for free from the government or from banks. The only thing that can’t be found from these sources are the homeowners in distress, but one individual who paid for this list found it not to be helpful as he claimed the vast majority of these homeowners are in bankruptcy and so not willing to sell, thus making the list of little use.

Another individual on Rip-Off Report.com stated she was contacted by Summit Consulting on behalf of Foreclosure World for real estate investing coaching program, she is has yet to get a refund after cancelling the program.

In my experience, it is best to simply call real estate agents or banks in the area you desire to find a home, or access the free government listings. I feel that any outlay of money is not a good idea especially when the information can be found for no cost. I feel that Foreclosure World should be viewed with some caution.

Jason Isaacson:
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