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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.

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Customer Reviews for 'Foreclosure Town'

Comments to date: 5. Page 1 of 1. Average Rating:

Tammy   Bluefield, VA

1:36pm on Friday, April 17th, 2009 

I know where the homes are in my area, and the homes pictured are not the homes that are actually for sale. Most of the homes are pictured as nicer homes than what they are. This is a big SCAM!!!

Michael Bell   Covington, GA

4:34pm on Wednesday, April 15th, 2009 

This company charged a fee of almost $80 to my account without my permission. The bank tells me that I may not be able to get my money back because they cannot find an address and phone number for this company. If anyone knows any of this information, it would be appreciated.

Dean Boivin   Saginaw, MI

6:12pm on Friday, February 20th, 2009 

Foreclosuretown is posting pictures of our area listings that are totally misleading. Pictures of $200-300,000 homes are placed on $20,000 foreclosure properties. Some of them our listings, I know what they look like.

Most of the properties listed on their site from our area contain misinformation. The pictures aren't even the actual home. These sites are a rip off, you're better off creating a relationship with a savy Realtor.

Brian Standly   Hollywood

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

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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