Zillow to Show Where a Foreclosure Has Been Filed Against The Borrower But The Action Is Not Resolved

The homes listed in ‘pre-market’ inventory will be properties where a foreclosure has been filed against the borrower but the action is not resolved. Among the details available for each property will be the address, the date and amount of the original mortgage, the unpaid balance and the dollar amount past due. It also will show the party that initiated the foreclosure action, an estimate of what the foreclosure sales price might be, based on the sales prices of nearby foreclosures, and details of where it is in the process. If the home was previously listed on Zillow as a for-sale home, that picture will be used. Otherwise, there will be a satellite view of the neighborhood.

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Zillow to show homes in foreclosure, before they are listed

Company expects some criticism for putting personal data at consumers’ fingertips

Zillow will display detailed information on approximately 1.5 million homes that are in foreclosure but are not yet for sale, in a bid to position itself as the go-to web site for homebuyers.

All of the data that Zillow is making available is public information but until now, accessing it typically required buying a subscription to a website or a trip to county courthouses, digging through individual case records. By putting such personal data at consumers’ fingertips, the Seattle-based realty website acknowledges it may face criticism regarding privacy concerns.

However, the Seattle-based company views its latest site enhancement, which went live late Wednesday night, similarly to when it shook up the real estate market in 2006 by debuting a site that listing individual home values, called ‘Zestimates,’ of for-sale and not-for-sale homes. The site today has information on more than 110 million properties. Back in 2006, the stated goal was to make potential homebuyers more market-savvy shoppers. It doesn’t see the addition of foreclosure data any differently.

Rest here…

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4closureFraud.org

Comments
5 Responses to “Zillow to Show Where a Foreclosure Has Been Filed Against The Borrower But The Action Is Not Resolved”
  1. Poof says:

    Looks like more space is needed for all of those dots on the map !

  2. lies is all they tell says:

    the banksters have stolen our property and homes. tuffen up people. DO NOT WALK AWAY FROM YOUR HOME. FIGHT!!!!! this is crazy this is not he america we know. just imagine just about 3 years ago i felt so alone, geeze look at this map. no one would have ever imagined that this was going on. good case today http://stopforeclosurefraud.com/2012/10/24/judge-advances-suit-over-botched-mortgage-modifications/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ForeclosureFraudByDinsfla+%28FORECLOSURE+FRAUD+%7C+by+DinSFLA%29&utm_content=Yahoo%21+Mail
    we are going to win we will be vindicated

  3. TheHutMaster says:

    This is ABSURD! Lock and load people, it is time to take back our country from the criminal banks and wall street thugs.

    “Fight The Good Fight”
    Every Minute, every Day.

    • Go to capenews.net…I have been fighting eviction for almost a year and made it to bench trial only for the judge to rule against me with a file in his courtroom 8 feet high with proof of injustices!!

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