The foreclosure market is decentralized and difficult-to-navigate, lacking visibility and up-to-date information. Traditionally, this market has not been heavily promoted, but preserved for a few insider experts who understand how to navigate the acquisition process, whether through short sale, foreclosure sale or REO transaction. This has led to a very inefficient market with few tools and resources to help expose and sell distressed properties quickly.
ForeclosurePoint Platform is a flexible marketing portal to TrackPoint customers allowing them to automatically publish distressed property information in a private or public marketplace.
Lenders and property owners benefit from the broader exposure of foreclosed properties, resulting in faster return on assets through pre-foreclosure short sales, foreclosure sales and REO sales. Real estate professionals gain tools to help expand business through the distressed property market.
Current property status on target properties can be verified with updated sales schedules, actual bid details, and alert status notification.
The platform includes:
- Private label foreclosure property portal
- Property search and details display
- Property tracking automated status alerts
- Registration information collection
- Automated lead generation and lead distribution
- User assess management
- Automated user communication
