Pre-foreclosure listings are wild goose chases for clients

Hardly a week goes by that I don’t have a buyer contact me to inquire about a home listed in “pre-foreclosure” on Zillow or RealtyTrac. I believe websites that promote pre-foreclosure listings are doing a huge disservice because buyers are confusing what is available inventory and what is not.

In fact, the entire process of buying a foreclosure gets confused, too. I think these sites do try to define terms correctly, but for whatever reason the message is getting lost.

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