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GeoData Direct Identifies Potential Foreclosure Sales
Posted on 08/01/2008 by GeoData Plus
GeoData Direct now highlights potential foreclosure sales in green.
GeoData defines potential foreclosures as sales that have taken place within one year of a lis pendens (or other foreclosure related lien) being filed on the property. The property was likely sold as a result of a short sale, foreclosure auction, or REO.
Knowing if a property sold as a result of a foreclosure is imperative when selecting the right comparables.