A Litle bit of History about Foreclosure.com

There are numerous foreclosure Web sites out on the Web. None of them, however, have a reputation for excellence and reporting responsible national foreclosure statistics like Foreclosure.com.

That’s because we’ve been at this since 1999. And even before we set up shop on the Internet, our executives such as President and CEO, Brad Geisen, had been successful in the foreclosure market for decades.

For today’s post, we want to pass along a little history on our company and related Web sites.

ForeclosureFreeSearch (www.ForeclosureFreeSearch.com) is the site that launched our successful business online back in 1999. In fact, this was among the first sites on the Web to provide online listings of foreclosures for sale.

Our founder, Brad Geisen — an accomplished real estate broker/investor — understood the value of putting foreclosure listings online for people to search for free. Brokers in turn would pay for the sellers leads.

ForeclosureFreeSearch.com quickly became a popular Web site. However, we did not see any significant returns as for one reason or another on the business side of things. Perhaps, the connect between site visitors and the brokers lost us in the mix.

As a result, we decided to switch to a monthly subscription model and continued on that path.

Over time, we started up the Web site Foreclosure.com because the foreclosure free search model wasn’t really where we knew it needed to be.

ForeclosureFreeSearch.com still exists and is an integral part of our business, but now Foreclosure.com is our main flagship and we try to provide all of the most up to date products on the Web site. This includes even more accurate foreclosure listings.

Today, our business has grown in to tax liens (www.taxliens.com), preforeclosures (www.preforeclosure.com) and FSBO Homes (www.forsaleownerhomes.com).

Together, all of these sites provide the best distressed real estate opportunities on the Web and represent tremendous investment opportunities.

Check them all out when you have some time!

I’ve bought tax lien certificates for a long time and it’s really safe when you know how the strategies work, just like John said above. There are pitfalls in this strategy just like any other but they’re easily avoided when you research the properties in depth.

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