Bank Foreclosures Sale Reviews

Editor's Star Ratings:

Foreclosure Listings:
Searching Tools:
Features:
Ease of Use / Navigation:
Ease of Joining / Registration:
Customer Support:
Value for Money:
Overall Star Rating:

Membership Costs:

• 7 day trial costs $3.95 for one week
• Regular membership costs $39.95 per month (approx $ 9.99 per week)

Features:

• Details of over 2 million foreclosed properties across the US
• Listings include:
  • Bank foreclosures
  • Government owned foreclosures
  • Pre-foreclosures
  • Commercial property foreclosures
  • Tax lien foreclosures

• Details include:
  • All basic information (rooms, square footage etc)
  • Satellite photos
  • Area profiles (cost of living, median incomes, demographics etc)
  • Schools information

• Listings updated daily
• Foreclosure news and articles
• Educational resources and tools
• Opportunity to help pets made homeless by foreclosures
• Customer contact by phone or email
• Secure website
• Cheap 7 day trial offer

Editor's Verdict:

Despite the name, BankForeclosuresSale.com doesn't just offer bank foreclosures, but also pre-foreclosures and government owned foreclosures, as many as two million of them, all available for the enterprising investor to snap up at a fraction of the regular price.

The website itself feels slick and professional and the sign-up pages are fully secured against hackers and interlopers. The searching forms are easy to use with a decent, though not exceptional, choice of searching options (mainly geographical) and a recently upgraded range of filtering options for sorting through your results. The listings reports are also good, giving you a fairly comprehensive overview of not just the property in question but also the demographics of the surrounding area, including availability of schools, average income and cost of living.

The member benefits (including an e-book) are pretty standard, but there are also some pretty decent extra resources available on the website itself. The educational guides and articles about foreclosures are helpful and easy to understand, making Bank Foreclosures Sale suitable for beginners to the foreclosures game as well as seasoned veterans. There are also mortgage and rent vs buy calculator tools available, and even advice on how to avoid a foreclosure on your own home.

This site also gets bonus points for picking up on a humanitarian issue related to home foreclosures which most of its rivals don't think to address - namely what happens to the pets of owners who lose their homes, which are often left homeless themselves. Kudos to Bank Foreclosures Sale for raising awareness of this and encouraging users of the site to help victims of the foreclosure process while they're making money out of it.

Customer support is mainly via a 24/7 email address, but you can also use post or fax if you like. There is a phone line available but that's for billing enquiries only.

Bank Foreclosures Sale do offer a 7 day trial, though sadly it's not free, merely discounted. Some foreclosure websites charge a small fee for their trial offers and only mention this in the small print, still referring to it as a free trial in their blurb, but at least Bank Foreclosures Sale don't make any such misleading claims. That said, both the free trial price and the cost of the full membership could do with being featured more prominently on the website. This is simply good practice and makes it easier for the user to compare services before they make their choice.

After the trial period expires membership automatically becomes permanent unless you cancel in good time, all of which is pretty standard for this sort of site. The monthly fee for full members is also fairly typical of what the majority of sites in this category will charge, though there are a few around that vary ten bucks either way. Naturally, if you do manage to play the foreclosures game to your advantage and save thousands of dollars, forty bucks a month will seem like great value for money anyway, but that's down to your own business acumen and luck.

Bank Foreclosures Sale provides easy access to a large number of foreclosed property listings at a reasonable price, with a few nice extras on the side. There are other sites that give you more for roughly the same money, and throw in a free trial too, but otherwise you could do a lot worse than sign up with BankForeclosuresSale.com.

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