Tuesday, April 5, 2011
RealtyTrac Launches New Features
Irvine-based RealtyTrac, the provider of online information about foreclosures, said today that it has launched new features which will help its users see how much equity, or negative equity, are in a foreclosure property. RealtyTrac--which is known for its data on the number of foreclosures in various cities--said it will provide estimated equity information for properties in the foreclosure process. That information is a key piece of information for potential investors or buyers of those properties. The firm said it hopes the information will help buyers and investors more quickly decide which properties are a good purchase opportunity.