How it Works: Utilizing data from RealtyTrac, Complete Foreclosures allows users to research all bank owned, pre-foreclosure, and auction listings as they are posted on RealtyTrac. Rated as one of the top 10 business apps, it has been featured in Forbes, Bloomberg and the Wall Street Journal, and an Android version just launched, too.
Benefits: Complete Foreclosures offers a massive amount of data for an unbeatable price, but thankfully, it organizes the data in a simple, accessible manner. Users can browse foreclosures based on their current location, or conduct a custom search for foreclosures in a specific area. Regardless of the geography, Complete Foreclosures lists the properties on a large, clean map with icons signifying where certain foreclosed properties are located.
Catches: Despite its reception from the media and Realtor organizations, customer reviews for Complete Foreclosures have consistently spotlighted several flaws with the app, the most notable being that users can simply access RealtyTrac itself for fuller, more detailed information on foreclosed properties. Other complaints include regurgitated photographs for multiple foreclosed properties, lackluster app performance following updates, and hidden fees for additional information on specific properties.
Overall: A nifty concept, Complete Foreclosures has generated considerable buzz among media and real estate types, though consumer reviews would seem to contradict some of the glowing praise.