Services

Foreclosure Software

Until now, managing your foreclosure files either happened on paper, or by using expensive, antiquated, difficult to integrate software. ForeclosureRadar offers the features of expensive software with nothing to install and no ridiculous data import/export headaches. And being web based, you can now access your data from anywhere and easily share it with your team, partners, clients and investors.

Manage Your Deals

You can easily manage any foreclosure opportunity by simply adding it to your deal manager from our Search or Track features. The deal manager allows you to quickly see status, interest level, value, investment, and estimated profit for each deal you are managing in addition to adding your own photos and comments. Think of it is as the dashboard for monitoring your business. Once added to your deal manager, the opportunity also gets highlighted in both Search and Track so that you can easily identify properties you are already managing.

Estimate Your Profits

Our financial analysis tools use default values to help you quickly screen for the best deals, while still providing the detailed analysis you need before making a purchase. Whether you are an investor buying to flip or rent, or a real estate professional checking for sufficient equity for a loan, sale, or short sale; our powerful analyzer gets the job done. It even takes into account other outstanding loans and liens and adjusts the calculations based on whether it is a preforeclosure, auction, or bank owned opportunity.

Track Your Status

We've found a simple 3 step process that is incredibly effective in managing foreclosure deals: Screen - Evaluate - Review. The first step is to quickly screen the deal. Is the value of the property right based on your knowledge, is the loan going to foreclosure likely a 1st or a 2nd, is the repair estimate close given the size and age of the property? Don't worry, you don't have to be that accurate. The key is to quickly screen out properties that are a waste of time. By using a little common sense and some experience you'll find you can quickly screen large numbers of properties and quickly eliminate ones that are a waste of time. Now that you know you probably have a worthwhile deal, it's time for our next step - Evaluate. This is where you check your figures. You drive by the property, take photos, assess the neighborhood, review title, and figure out the real value of the property. Our final step, Review, is exactly that - one final check before you put your deal in place.

The Power of Groups

ForeclosureRadar has a very simple, but powerful way to organize the deals you are managing. Groups allow you to organize and share opportunities in the manner that best works for you. You can set default values like eviction and closing costs by group; separating, for example, different counties with differences in customary closing costs. You can also use groups as simple folders to organize your deals into more manageable selections. Finally, the greatest power of groups is the ability to add other users. Keep a private group for yourself; create a working group for yourself and your team; and, perhaps, a 3rd for your clients. Now you can easily share the deals you choose, and collaborate together to get the job done.