Foreclosure Listings to Investors

Roost announced today that it has partnered with First American CoreLogic to add foreclosure listings from First American CoreLogic to Roost.com’s already database of homes for sale. This partnership offers real estate investors fast and easy access to information on more than 1.5 million foreclosed homes nationwide.

Roost.com is now showing foreclosures in an easy-to-understand, color-coded format. Users can instantly get shorthand information on each foreclosure property – street, size, bedrooms, etc. – as well as its foreclosure status, from just-announced foreclosure to auction, bank sale or reintroduction to the general real estate market. With this partnership, investors will now be able to view summary property-level foreclosure data with instant access to RealQuest, First American CoreLogic’s, online property record Web site, where detailed property-level reporting is available on 97 percent of all U.S. properties.

“We are excited to have Roost.com become one of our national data syndication distributors,” said Michael Maron, senior vice president of First American CoreLogic. “Roost.com offers a high quality consumer experience for home sale listings and a commitment to quality that is a core value of both of our companies. Roost’s superior search technology enables real estate investors and homebuyers to act on great property opportunities quickly and thoughtfully, especially during the current downturn in the real estate market,” added Maron.

“The upside of these challenging economic times is that real estate investors can help reinvigorate some markets, especially those hardest hit by the mortgage meltdown,” said Alex Chang, Roost chief executive officer. “Because we offer listings at every stage of the foreclosure process, real estate investors can jump on immediate opportunities, while homes that don’t sell right away or at auction will be reintroduced to the traditional market, giving everyday homebuyers a chance to purchase their dream home.”

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