Recently, Inman News published an article on the misleading prices that are often attached to Trulia.com and Yahoo! Real Estate preforeclosure listings. It’s a good read, which features commentary and possible solutions from Foreclosure.com Founder, President and CEO, Brad Geisen, about how to correct the problem.

Unfortunately (and unsurprisingly), RealtyTrac.com Vice President of Marketing, Rick Sharga, took exception to Brad’s input. That’s because the company that he represents supplies Trulia.com and Yahoo! Real Estate with their foreclosure data.

Let’s go through a few of Mr. Sharga’s comments line-by-line to clear the air once and for all. Here he is talking about their misleading listings:

“Neither Yahoo Real Estate or Trulia or RealtyTrac is setting out to mislead anybody. Anybody looking to purchase a foreclosure property is going to have to educate themselves a little on the process. It’s not as straightforward as just buying a resale property from an agent.”

Whether it is done intentionally or not, RealtyTrac — and by association Trulia.com and Yahoo! Real Estate – doesn’t appear to have either the desire or the ability to make it clear that the prices associated with some distressed listings are often not sale prices. Therefore, while Mr. Sharga claims, in theory, that he and his partners are not setting out to mislead anybody the reality is that they are.

(more…)

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Foreclosure properties for sale in Sequim and Port Angeles are now available through a retired real estate attorney who himself did many foreclosures in Sequim and Port Angeles. Chuck Marunde now offers his clients a service at no cost, which gives them the ability to search the entire foreclosure database here, including pre-foreclosure properties, trustee sale properties, and REO properties (already foreclosed and listed for sale). This service is offered through Sequim & Port Angeles Real Estate, LLC.

The following is taken from the search page:

The following foreclosure database is a subscription service I pay for, but I offer it to you here at no cost with the permission of the largest foreclosure database in the country, Foreclosure.com. If I can answer a question for you about the foreclosure process or how to bid for a foreclosure, either before the Trustee’s Sale, at the the Sale, or when the property is an REO (bank owned listing), don’t hesitate to email me or call me at 360-775-5424. By the way, if you’re looking for foreclosures in any county in Washington or in any state, make your offer through me. I just might be able to save you a lot of money because of my experience. Why not use me to make money?

One thing I want to share with you up front, although this is self promoting, is that I’ve done more foreclosure work in Sequim and Port Angeles than most, since I was a real estate attorney here, and I did many foreclosures and forfeitures from beginning to end. I know the process intimately, the costs involved, what can be waived or negotiated away, and how to deal with second mortgages, third liens, judgments, tax liens, bankruptcies, and L&I liens. Real estate agents have been calling me for 15 years to understand how to handle these issues. My point? I know this subject. Can I earn your business?

Search the Entire Foreclosure Database for Sequim and Port Angeles here.

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