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F.A.Q.

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Q:    What is BisRE.com?

A:   BisRe.com is an incredible information service providing actual specific distress property information to Real Estate Investors, Realtors, and anyone wanting a good deal on property all via the Internet!

Q:    Is this information available in the Multiple Listing Service?

A:   No. Most of the properties in BisRE.com represent some form of Distress Sale or are VA and HUD acquired properties that are never put into the MLS.

Q:    Can’t I just read the newspaper to learn of these properties?

A:   Sometimes, but the details in the paper are sometimes sketchy, and you don’t get color photos or vicinity maps. Not to mention the transaction histories, Assessor’s records and Courthouse data relating to the properties. Also you would have to read and catalog the Newspaper diligently and unfailingly every day to stay as current as your competitors that subscribe to BisRE.com.  Also Divorces and Probates are rarely in any newspaper. 

Q:      Why as Buyers, Brokers, or Investors are we interested in properties owned by Divorce filers?  

A:      As many of you already know, unfortunately  45% of all marriages end in Divorce.  In many of these cases, the couple has acquired a property or properties together that are considered by the courts as marital assets.  Consequently, the judge, or the chancery commissioner in 3 out of 5 cases orders the couple to either dispose of the property through a sale, or to refinance it in one or the other parties name.  This represents significant opportunities to the Savvy Buyer, Broker, or Investor in these properties that can sensitively approach the Seller with a solution to their problem.  Bargains can be found and a significant service can be rendered to the sellers.

BisRe.com publishes indexes of properties owned by divorcing parties upon the divorce filing becoming public record, specifically as prospecting tool for you to offer your services, or purchase their properties.   BisRE.com does not claim to know whether these properties are actually available but does know that statistically in many cases a transaction occurs within 12 months of the filing.

Q:    Why are we interested in Properties owned by the recently deceased?

A:    It is widely believed that the greatest source of wealth in this country is the equity in paid for real estate.   BisRe.com gives you a tool for helping to identify this equity, and to assist the heirs in unlocking it if they wish.  These properties can represent significant opportunities for the Investor, Buyer, or Broker, in that a large percentage of them are sold for below market value as a result of deferred maintenance or the preference for a quick sale.  To the savvy professional that is willing to learn a little of the probate process there is gold in this here data service.

BisRE.com does not claim to know whether these properties are actually available but does know that statistically in many cases a transaction occurs within 18 months of the filing.

Q: What can BisRE.com do for me?

A:   As one subscribers says "Its Like Buyin time". For any one person to research all this property data themselves would be almost impossible. With a click of the mouse you can have the most up to date accurate information available on properties of this type anywhere. 24 hours a day. Seven days a week. This gives you extra time for further income production, family time, or even relaxation. Also there is a load of reference data available to subscribers to assist in your Investment, Sales, or acquisition endeavors.

Q: How much is a subscription to BisRE.com?

A:   Subscribers pay $19.95 per month conveniently debited from their Visa, MasterCard, Discover or American Express cards. If you prefer they can also autodraft your checking account. Discounts are available for multiple affiliate memberships.

Q: How often is BisRE.com updated?

A:   Daily, as the information becomes public record.

Q: Do I have to be a Realtor to subscribe?

A:   No you don’t have to be a Realtor, however most top producing Realtors are subscribing to have this information continuously available to them as well as their customers and Buyer Brokerage clients. Homebuyers typically subscribe for a month or two specifically to find that special property for their family at a favorable price or terms. Real Estate investors usually subscribe on a full time basis to keep a hand on the pulse of the distress Real Estate market and to look for new properties for their own portfolio.

Q: How do I Subscribe?

A:   Visit their web site at www.BisRE.com where they have full details about the service and click on the subscribe button. You can even E-mail them questions directly from the Web site, and actually subscribe online automatically and have instant access!

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