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Frequently Asked Questions
How Registryline.com Works

How do I get started using Registryline.com?

Becoming a RegistryLine.com member is easy. You can get started right away by signing up for a 7-Day FREE Trial membership. Simply click “Free Trial” – located at the top of any RegistryLine.com web page – and fill out our registration form. Once you’ve registered, you’ll have full membership privileges, including instant access to our database of foreclosure properties. You can "Search Now" from RegistryLine.com’s home page and access “Foreclosure Listings” in the footer, or you can use the US map to find properties in the state and cities you prefer.

Registration is easy – just complete our sign up form, and your member ID number will immediately be issued, on-screen. You’ll also receive a welcome email confirming your membership. Once you begin your 7-Day FREE Trial membership, you can login at anytime by clicking "Login,” which is located at the top of each RegistryLine.com web page.

If you continue to use RegistryLine.com beyond the 7-Day Free Trial period, your membership will automatically continue and you credit card will be billed. You can cancel your membership at any time, and if you cancel your account during your 7-Day Free Trial, you won’t be charged.

What are the benefits of having a RegistryLine.com membership?

RegistryLine.com offers a huge selection of foreclosure properties – one click lets you purchase properties at 10-50% below market value, which you can flip for quick cash profits or keep as long-term investments. Our database is detailed with photos, lists properties from multiple sellers, and is updated daily, making RegistrlyLine.com one of the most current and comprehensive inventory of REO foreclosures available on the web. Our enormous database enables you to buy foreclosure properties directly from the sellers and use them to pursue your real estate investment goals.

Is RegistryLine.com really FREE for seven days?

Yes, the trial membership is FREE for seven days. If you’re not interested in continuing your membership, simply cancel your account during the 7-Day Free Trial period, and no charges will occur.

If you choose to continue to use RegistryLine.com after the 7-Day Free Trial, your membership will automatically renew itself. Payment for your membership is billed directly to your credit card on a monthly basis, at $29.99 per month. Your membership will remain active and continue to be billed to your credit card until you cancel your account.

What if I forget my username or password?

Your username or password can be sent immediately. Simply click on the "Forgot Password" link located on the top right side of the home page or on the member login page. Complete the "Forgot Password" form, and your username or password will be sent to at once.

How much does the Registryline.com's service cost?

Membership for RegistryLine.com costs $29.99 per month. The membership fee is charged once a month, beginning after your 7-Day FREE Trial period.

What kinds of properties are in your database?

Our database lists REO foreclosure properties from multiple sellers. Drawing from a combination of resources, RegistryLine.com has compiled one of the largest databases of REO foreclosure properties on the web, which we update on a daily basis. For more information about the different types of foreclosure properties – including REOs – you can read our articles.

What information do you provide for each property?

Each property listing on Registryline.com provides the address of the property, its price, its number of bedrooms and bathrooms, its size, the year the building was constructed, the type of property it is, and a short description. You’ll also be able to see the contact information of the seller’s agent, along with the details about the bank that’s selling the property (all of our foreclosure properties are REOs, which means they’re owned by a bank or other lender.) On this page, you can also map the property’s location or view a printer-friendly format of the listing. If a photo is available, you’ll view it here.

Do I have to sign up for a long-term commitment?

Unlike many other subscription-based web sites, RegistryLine.com doesn’t require you to sign up for an annual or lifetime commitment. You can cancel your monthly membership at any time by simply filling out our cancellation form.

How do I find the properties I want?

Foreclosure listings in the RegistryLine.com database are organized by state, then county. You can begin by selecting the state of your choice from our map of the United States, or by clicking on any state name at the bottom of any Registryline.com webpage. After you've selected the county of your choice, you'll be able to narrow your search by entering your preferred zip code, the minimum number of bedrooms and bathrooms, and the minimum and maximum price of the property. All properties that meet your search criteria will then be listed. From this list, you'll be able to see whether or not the property has a picture, what city the property is located in, how many bedrooms and bathrooms it has, along with its price. Click "Details" next to any property, and you'll be taken to a more detailed listing page.

Are there any restrictions for members of RegistryLine.com?

Your membership lets you access RegistryLine.com’s database 24 hours a day, seven days a week. There are no restrictions on the number of times you can access the listings, or the length of time you can spend on the website.

When you become a member of RegistryLine.com, you agree not to disclose your login information to others. You also agree not to distribute the information contained in RegistryLine.com’s database to any person or organization, by any means, for any reason.

How do I cancel my membership?

Canceling your membership is easy. Simply log on to your Registryline.com account, click on "My Profile" link (located at the top right corner), and then click the "Cancel Membership" button. You’ll be instructed to submit your email address and password to complete the cancellation process. Once you’ve added your login information, your account will be cancelled immediately, and you’ll receive a confirmation email. If you do not receive this email, you did not successfully cancel your account, and you’ll need to go to your Registryline.com account to cancel your membership again. (Note: we cannot accept cancellation requests by email, phone, or faxes.)

General Foreclosure Questions

What are foreclosure properties?

A foreclosure property is real estate acquired by a mortgage lender when the borrower failed to repay their loan. Foreclosure properties are an exciting and smart way to invest in real estate because these properties can be purchased at discount prices, typically 20-50% below market value. These discount prices are possible because the sellers – the mortgage lenders – are motivated to sell as quickly as possible to avoid further losses. As an owner-occupant buyer, you can purchase a foreclosure as your home and enjoy instant equity. As an investor, you can buy foreclosures for rental or resale with built-in profit margins.

For more information about the different types of foreclosure properties and how you can purchase them, read our articles.

How do lenders foreclose on a property?

Lenders foreclose on a property according to the laws of the state the property is located in. States that use mortgages to document property ownership follow the judicial procedure, which requires lenders to file a court case to prove default before they can foreclose. Because the court is needed to approve the foreclosure, a judicial foreclosure may take more than 30 days to complete. States that use deeds of trust to document property ownership follow the non-judicial procedure, which does not require a court case. Non-judicial foreclosures may take as little as 30 days to complete.

Can people make money investing in foreclosures?

Absolutely! Many great fortunes have been created through real estate ownership and investments, and buying foreclosure real estate can be very profitable as these properties are often sold 20-50% below their market value. Of course there are no guarantees with any investment, but all across the country people earn almost immediate income by buying and quickly selling foreclosure properties for big profits. Foreclosure properties make great long-term investments, too. Often landlords purchase foreclosures to rent to tenants, producing positive cash flow while building a re-sellable business. And if you’re looking for a home, you could gain a significant amount of equity up front with foreclosures.

How do I get started with foreclosure investing?

The first step of any financial investment is to study the market you’re interested in, and RegistryLine.com offers plenty of articles on the various types of foreclosure properties and how you can take advantage of this market. Once you’ve familiarized yourself with foreclosure real estate, search our nationwide database of thousands of REO foreclosed properties with a 7-Day Free Trial. Everyone from real estate professionals to first-time homebuyers subscribe to our database of foreclosure properties.

Do I need a realtor to buy foreclosure properties?

You may feel more comfortable using a realtor or other real estate professional to help you through the process of purchasing a foreclosure property, but you don’t need a real estate agent to purchase a foreclosure property. One of the great benefits of our database of REO foreclosure properties is that it allows you to find and purchase the properties you want directly from the seller, cutting out the middle man and freeing you from having to pay commissions and other fees.

If you’d like more information about how you can take advantage of the foreclosure market and purchase foreclosure properties, read some of our articles.

How do I find cash to buy foreclosures?

There are plenty of ways you can finance your investment in foreclosure properties, including the conventional means for purchasing real estate, such as commercial lenders, hard money lenders, and partnerships with investors.

If you have good credit, taking out a loan with a commercial bank or a mortgage company may be the best way for you to finance your foreclosure purchase. Look into your local bank or mortgage broker and shop around for competitive interest rates. Also, sometimes the lender that’s selling the foreclosure property may finance your purchase.

If you don’t have good credit be aware that there are other ways to finance your purchase. Hard money lenders – also known as private money lenders –mostly loan money for real estate deals, including the purchase of foreclosure properties. Hard money lenders will loan money to people who can’t obtain conventional financing, and because of this hard money loans usually carry high interest rates and fees. Despite such costs, because hard money loans have less red tape, they’re often used by people – such as real estate agents – who want to quickly buy and sell property for a fast profit.

If you’d rather pay for your foreclosure property with cash, look for partners who would be interested in providing some money in order to take a cut of the profits you’ll make when the property is resold. Your partners could be friends and family, or anyone else interested in investing in a foreclosure property.

Whether you partner with investors or obtain a traditional or hard money loan, make sure that you do your homework and understand the contracts you’re entering.

What should I be aware when buying foreclosures?

When purchasing a foreclosure property, you should be aware the properties are sold in as-in condition. Still, that’s not too much to worry about – most REO properties are in relatively good condition and are certified for occupancy.
And as when purchasing any property, you should arrange your financing in advance of making your initial offer. When you do this, you’ll be in a better position to bargain with the seller, and closing the property will be a much smoother and faster process.

 
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