
Hudforeclosed.com Review – Is Hudforeclosed a Scam?
The
Hudforeclosed.com review shows that this is another website that sells through membership HUD foreclosed
homes information. HUD stands for Housing and Urban Development it is a federally backed government agency that
encourages home ownership by acting as a guarantor on property loans, if someone is to default on their mortgage
and goes into foreclosure than HUD assumes the home.
Click here for
a list of the top rated auction sites
This
site is not affiliated with HUD, but uses the HUD in its name to influence how consumers see this website. Using
HUD in the name of the company lends the company credibility because upon initial impression it does seem as if
there is an affiliation.
The
Cost
This
is one of the highest fee for information sites I have come across. The charge is $50 per month. That is a bit
extreme. After all what you are paying for is information that is largely free. You are paying a monthly fee whether you use the site or not, whether you find
an auction in your area or not there are no guarantees or warranties offered you are simply handing off $50 per
month to gain access to information you may or may not use.
Review
The
Hudforeclosed.com review shows that the site does offer a toll free
customer service number that is manned Mon – Fri from 8-5 PST so that was a plus. There was not any information about the company at all according to their
contact page they are located in CA I derived this from their address.
Here
are some of the comments I found from other reviews: at complaintsboard.com “I
authorized a $2.95 fee to be withdrawn from my credit card which they withdrew, but they also have made many
hits on my credit card to withdraw $39.80 which was not authorized at all. I never received the password I was
supposed to get for my trial $2.95 membership in order to view their web site to look for foreclosed properties
in my area for a limited time. I even emailed them on two occasions requesting the password I needed to login to
view foreclosed properties in my area, but I never have received a reply. They have hit my credit card every
other day trying to withdraw $39.80 even though I have never authorized them to do so.”
And another at the
same site had to say “When I phoned to try to cancel my account, I am given bogus information and when I do put
in my name, email and phone number, I am told the info is wrong and yet they (hudforeclosed) continue to debit
my checking account for the past 13 months, at 39.40 each month.”
Subscription Price:
$50 per month
Geography:
Nationwide
Number of Items: No
Items, information
Click here for the consumers #1 rated auction site
Overall, the
Hudforeclosed.comreview shows that this is a viable site and is not a scam.

|