HUDForeclosed.com is a simple and easy-to-navigate online tool for searching the listings of properties in the foreclosure process, including the government-foreclosed single family homes. This website adheres to the principle “the less is more,” in a sense that it focuses its services on the provision of the relevant sales property listing information for the homebuyers or investors who already know the basics of buying or investing in foreclosed properties.

HUDforeclosed.com is an online subscription service providing its members with access to a comprehensive database of foreclosure property information and other related services. The website features foreclosure home listings, repo properties, real estate owned and government real estate foreclosures offered for sale via auctions by the Department of Housing and Urban Development (HUD). Even though the website does not provide some of the instructional tools offered by many similar online multiple listing services, the HUDForeclosed.com provides property listings with substantially detailed property information.

Each property listed on the HUDForeclosed.com is presented in a very user-friendly format, with images of the featured properties and brief descriptions for each real estate posting. Property-specific information includes the names and contact information for property owners, the status of the property (i.e. whether HUD auctioned, real estate owned, etc.), bank information, the original mortgage amount relative to the market value of the listed house, as well as the property’s last appraised value. A major advantage of the listings of distressed homes for sale on HUDForeclosed.com is the availability of information for the neighborhood in which the foreclosed property is located. Thus, prospective homebuyers or bargain hunters looking for deals in foreclosures can find on HUDForeclosed.com in-depth information about various discounted houses on sale through pre-foreclosure, foreclosure, and bank’s real estate owned auctions.

Unfortunately, the website provides only samples of property listings for viewing free of charge. A paid subscription is required for a full property search and the credit card information to activate the trial is required upfront. HUDForeclosed.com offers full access to the property search services for a 7-day free trial. If the service is not canceled during the trial period, a charge of $39.80 is applied from the date and time of the original registration. Semi-annual and annual subscriptions are also available, at the cost of $99.00 for the former and $179.00 for the later, with both membership plans billed immediately upon registration.

HUDForeclosed.com also offers many testimonials from its subscribers who have used HUDForeclosed.com successfully to find low-cost housing for residence or investment purposes. The website appears to have been especially useful to first-time homebuyers and bargain hunters from different parts of the country.

With the current economy in the doldrums and the rising unemployment pushing the number of homes entering the foreclosure process to 3 million in this year alone, the number of listings for various types of distressed homes will rise significantly. A useful tool to access the most appropriate information about these houses for sales will surely be HUDForeclosed.com. The simplicity of this website that does not sacrifice quality and resourcefulness of information provided for listed properties will make the search for a perfect low-cost housing or real estate investment a pleasurable and profitable experience.