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Foreclosure Town

 

Foreclosure Town is one part of a larger real estate service company called Foreclosure World.   There are also several other names that the company operates under such as foreclosure School, Leads, Store, and more all related to foreclosure training and directories.

Multiple names for one company, especially if they are providing the same service is a huge red flag.  In the case of Foreclosure Town the warning is warranted as the company has many complaints filed against it.

They advertise a large directory of Foreclosed homes for the price of a non refundable $400.  The problem is that their foreclosure lists are extremely poor in comparison to the competition.  They are lacking updates and often don't have contact information, have multiple listings for the same properties, and are missing vital information like delinquency dates.

Aside from the poor quality of their product the parent company for Foreclosure Town has a slew of accusations against it.  They are accused of fraudulent billing practices, spamming, and poor customer service.  Now you know why they operate under all those different names.

Foreclosure investing can be very profitable and seems to be the popular form of buying real estate these days with foreclosures at an all time high.  However there are many companies that are jumping on the bandwagon simply to take advantage of people while the market is hot.  Foreclosure Town seems to be one of them.

If you're interested in a proven real estate course that contains valuable information I would recommend Six Steps to Mastering Foreclosures by Alexis McGee.  She also has the oldest website for foreclosure lists, started over ten years ago.  You can read the full review there.

Best of Luck,
Steve Albright

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Customer Reviews for 'Foreclosure Town'

Comments to date: 2. Page 1 of 1. Average Rating:

Brian Standly,  Hollywood

  Posted at 8:27pm on Monday, May 5th, 2008

I sent for the 30 day free trial course. After looking it over for a week, I decided it was not something I could do with the limited time I have. I returned the course per their exact instructions. At the end of the 30 days, they still charged my credit card $297.00. I emailed them with no reply, so I filed Fraud charges against them. They still have not contacted me and I'm waiting for my credit card company to refund my money.

James e Cooper,  grants pass Or 97526

  Posted at 1:09pm on Wednesday, February 13th, 2008

Foreclosure town took 300.00 from us on a free 1 week trial that was not a free trial they said itwould be 8.95 for a 1 week trial so we did it and they took 300.00 dollars from us we are UPSET so what can we do?





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