 What are Lis Pendens?
Also known as Pre-Foreclosures, Lis Pendens is the initial stage
of the foreclosure process where the lender files legal action in
court informing all concerned that certain property is the subject
of litigation as a result of the owner’s failure to pay as
agreed.
What are Sales?
This is the process where the clerk of court in the county where
the property is located holds an auction to sell the property to
satisfy the outstanding balance, fees and other costs owed to the
lender.
How current are
the foreclosure cases?
We strive to consistently provide subscribers access to newly filed
foreclosure cases within 1-2 days of the date that the case becomes
available in the clerk’s office. However, from time to time,
some cases may not be available within that period because they
are unavailable at the clerk’s office. We diligently pursue
the cases not initially available in order to obtain them as soon
as possible.
When do you update
your foreclosure listings with new cases?
We update our database throughout the day, 7 days a week.
Who benefits from
using your service?
Everyone! The property owners benefit because various people or
entities that can assist them in resolving their situation in the
most effective way can contact them. In addition, home seekers,
investors, attorneys, re-finance companies, mortgage companies and
even the mortgage company currently holding the defaulted loan can
benefit from our service by having the default resolved.
Why should I subscribe
to your service?
In addition to the answers provided here, please visit our Services
section. Once you read our Services
section, you will realize that you cannot afford not to subscribe
to our service, unless you want others to make the contacts before
you. Do also note that we are among the top foreclosure listing
services on the Internet that provides current foreclosure listings
in such a short period of time!
Does your foreclosure
listings include all liens, judgments, mortgages, etc.?
No. No foreclosure listing service can legitimately answer yes
to this question unless they do title searches on all the properties
that they list. It is always the rule of thumb to get a complete
title search on the property in question by a qualified title company.
How do you calculate
the equity?
If the property is in the Lis Pendens (Pre-Foreclosure) stage,
the equity amount that we provide is based on the difference between
the balance owed on the note and the assessed or market (if available)
value as determined by the county ‘s appraiser’s office.
If the property is in the Sale (auction) stage, the equity amount
is based on the difference between the final judgment amount owed
and the assessed or market value as determined by the county ‘s
appraiser’s office. The equity amount is only given to give
you a general idea whether the property may have a negative or positive
equity amount. You are encouraged to seek traditional methods of
determining the actual value. (Examples: appraisal, sales history
in the area, mortgage brokers, etc).
What are the payment
options?
In addition to PayPal, we accept
personal checks, bank checks and money orders. However, there may
be a waiting period if paid by personal check until the check clears,
unless satisfactory creditworthiness has been established by us
in which case you will receive instant access once we receive the
check.
Besides needing
Internet access, do I need any other equipment?
The only thing that you may need is
Macromedia Flash Player to view our animations on the Home page,
but that is your option. There is an option to view the page without
the animations.
Are there any other
ways that I can receive the foreclosure listings?
Yes. We have the capabilities of faxing, mailing, or e-mailing
the listings to you. Please Contact us so that we can inform you
regarding the potential extra charges for these services, if any.
Do you offer other
services?
Yes, we provide the following other services:
Paralegal services-for attorneys needing Paralegal services on
an as-needed basis.
Legal Technician services-for those who need assistance in typing
Florida Supreme Court approved forms or other typing services.
Do you purchase
foreclosure properties?
No. We do not buy or otherwise deal in foreclosure properties,
nor do we engage in any business or service that may be construed
as competing with our subscribers.
Do you list all
the foreclosure cases?
Yes, we list all of the cases that are available and we do not
hold back any cases for anyone or under any other circumstances.
Still have questions?
Please feel free to Contact
Us to get further information regarding the other services that
we provide, or to get answers to other questions that you may have.
Have Feedback?
We would appreciate you answering a few questions regarding our
services and our Web Site. Thanks for visiting and come back soon!
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