There are so many of these companies out there and I have found one that helps anything but themselves.
This sites have you sign up and then you can't cancel the account and before you know it.. Boom you are $200 -$300 in the hole.
Find an agent that knows about short sales and foreclosures in your area look for an agent with an SFR designation. The SFR (short sale and foreclosure resource) designation is not meant to be the cure all for your needs, but I find that SFR agents are usually a step ahead of the crowd with these tye properties.
John Sacktig, SFR
Broker / Manager
Orange Key Realty
There are two companies, Foreclosure Radar.com and RealtyTrac who publish pre foreclosure information information about properties that they get from government agencies for free.
RealtyTrac provides a lot of valuable information about the properties, but it is of no use to the average investor. Furthermore, many of the properties listed will never even make to the market. The information that RealtyTrac provides may be valuable when negotiating a short sale on a property that has received a Notice of Default.