Foreclosure Trackers, Inc. Launches Online Foreclosure Data Resource

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--Foreclosure Trackers, Inc. (FTI), a leading educator in defaulted first mortgages today announced the launch of www.foreclosuretrackers.com, a comprehensive online foreclosure data resource featuring accurate, and timely foreclosure data and investment tools. Created by FTI’s team of investors and foreclosure experts, ForeclosureTrackers.com is designed to work in conjunction with FTI’s defaulted mortgage education platform by filling an industry data collection void, expediting due diligence and helping to guide consumers and professionals alike in making sound investment decisions in a time-efficient, risk-reduced manner when buying defaulted first mortgages and foreclosure properties.

“The tools to succeed in foreclosure investment are absolutely useless to an investor if they don’t first understand how to use them,” said Robert Lee, CEO and co-founder of Foreclosure Trackers. “In addition to teaching the fundamentals of foreclosure investing in our 90-minute complimentary seminars, we now offer consumers and professionals access to all the critical data we’ve relied on for years to successfully leverage in and buy defaulted first mortgages.”

FTI Provides Timely, Accurate Data on Real Foreclosure Properties

Unlike foreclosure data publishers, FTI aggregates and processes its data to ensure that the properties it lists are actually in foreclosure or have had a Notice of Default filed, and the information is timely and up-to-date. By using FTI’s wide-ranging investment tools, current and potential investors interested in buying foreclosures can make smart investment decisions in a matter of minutes as opposed to days and weeks. Each of Foreclosure Trackers’ property listing profiles contains the information needed to make an immediate, educated investment decision, which may include:

• Actual color photographs of the property from an appraiser, showing address verification and neighborhood
• 20 Recent comps, including distressed property data and a valuation range
• Beneficiary and Trustee information
• County Assessor data, such as number of beds and baths, square footage, lot size and parcel number
• Property tax assessments
• Transaction history
• Pinpoint mapping, showing all foreclosure activity in the neighborhood
• FTI’s own National Broker Price Opinion, which includes REO data in the comparables
• FTI’s own Property Fraud/Risk Report, which shows transactional data
• Background searches (also known as skip tracing) that provide phone numbers and addresses of relatives and neighbors

“Many data publishing sites can take up to three weeks to post foreclosures or even post inaccurate or inflated foreclosure statistics,” explained David Phelps, president and co-founder of Foreclosure Trackers. “ForeclosureTrackers.com now provides the quickest turnaround for the posting of essential foreclosure information in the Southern California and Clark County, Nevada areas.”

FTI Lists Real Properties in Top Foreclosure Markets; Plans for Expansion Also Underway

In California and Nevada, where foreclosure rates are higher than in most parts of the country, ForeclosureTrackers.com lists approximately 100,000 properties – with new information updated daily. In addition to California data available for Orange, Los Angeles, Riverside, San Bernardino, San Diego, and Ventura counties – as well as Nevada listings for Clark County – ForeclosureTrackers.com is rapidly expanding its foreclosure data nationwide.

FTI Uses Data to Underscore Educational Seminars, Giving Investors the Inside Track

Foreclosure Trackers offers a variety of foreclosure education and seminars suited to both the novice and the experienced investor. These seminars cover many foreclosure investment strategies, with emphasis on the most effective one in this market, investing in defaulted mortgages by using ForeclosureTrackers.com for due diligence.

“The biggest difference between FTI and other education-centric companies is the people teaching the seminars,” said Lee, an expert investor. “Where other educational companies teach theory alone, our seminars put them into action. During our ‘Profit from Defaulted Mortgages’ seminar, we teach them to speak the banks’ unique language and how to successfully access the appropriate department putting them on the inside track to success.”

Foreclosure Trackers’ proprietary formula of proven communication with banks allows investors to create productive relationships with key decision makers, giving them the direct line for investment opportunities. It’s this communication and relationship-building technique that investors seek out at the FTI seminars, coupled with FTI’s newly launched data service that will allow them to successfully leverage into the foreclosure market.

Visit www.foreclosuretrackers.com to learn more about the foreclosure industry, register for a 90-minute complimentary seminar or a free seven-day trial of FTI’s new data service.

About Foreclosure Trackers, Inc.

Foreclosure Trackers, Inc., headquartered in Huntington Beach, Calif., provides one-stop foreclosure resources to investors of all skill levels, providing timely and accurate data and the knowledge and education necessary to succeed when investing in foreclosure properties. Its dedicated corporate team, which is comprised of active real estate investors, title and escrow officers, abstractors and real estate attorneys, works to ensure that all foreclosure data is up-to-date and delivered in days – not weeks. Novice and experienced real estate investors alike appreciate Foreclosure Trackers’ easy-to-use system that provides the necessary education to demystify both the foreclosure and note investing process.

To learn more about Foreclosure Trackers, Inc., its products, services, and free seminars, visit FTI online at www.foreclosuretrackers.com or contact their support team at 714-500-1430 or toll free at 866-531-3274.