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The Wisdom Companies Launches Homesedo.com

HERMOSA BEACH, Calif., May 20 PRNewswire — Internet marketing firm The Wisdom Companies, today launched Homesedo.com (http://www.homesedo.com), an innovative foreclosure information site featuring the first online database of homeowners who are behind on mortgage payments and actively seeking a solution to their mortgage nightmare. This new type of foreclosure information, which Homesedo terms "Active BOPs" (Behind on Payments) enables investors, service providers and real estate shoppers to capitalize on the boom in foreclosure properties by accessing the earliest and most valuable pre-foreclosure data available.

"Homesedo offers the freshest foreclosure data possible — data provided by the homeowners themselves — presented alongside public record pre-foreclosure, foreclosure and REO property information found on traditional foreclosure sites," said Tim Edwards, President of The Wisdom Companies, "It's really the best of both worlds for someone interested in making money in foreclosures or someone looking for a great deal on a home in their area."

Typical foreclosure sites mine public record information to populate their databases of foreclosure properties. Edwards says that public record information can be problematic. "Public record information is passive data," he explains, "an investor can find out that a homeowner is headed for foreclosure, but the investor doesn't know if the homeowner has already left the house or if they even are interested in their services. Homesedo solves that problem. Our leads want to talk to someone. They need help, and they are reaching out. At this stage, service providers have the most options; be it a short sale, a mortgage loan, loan modification or a home purchase."

With the record number of homes falling into foreclosure there has never been a better time to find a real estate deal. Homesedo offers monthly a subscription for $49.95, which includes unlimited access to foreclosure and REO information, as well as downloads of 10 BOP records. Additional downloads are priced at $9.95 each. To celebrate the site's launch, the company is offering a free 1 week trial.

The Wisdom Companies is a premiere online marketing firm. Over the past six years, the company's BigMortgageLeads.com division has connected over 500,000 borrowers with lenders, mortgage brokers and banks throughout the country. The company recently launched a foreclosure prevention site, http://www.homeforeclosurefighter.com, along with insurance, credit repair, debt settlement and tax debt lead channels.

SOURCE The Wisdom Companies

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