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ForeclosuresMass Announces Enhanced Website

www.ForeclosuresMass.com offers time-critical details on Massachusetts foreclosures and distressed properties

Framingham, MA (August 2, 2004) -- ForeclosuresMass today announced it has launched a newly-revamped, high-powered website. The new ForeclosuresMass offers instant connectivity to the largest and most detailed listing of foreclosed properties in Massachusetts.

ForeclosuresMass helps the first-time home buyer or investor gain access to detailed information previously available only to brokers and bankers or those willing to work full-time on researching all the properties being foreclosed on. The service also eliminates third-party reporting, to give the buyer a valuable jump on the freshest list of foreclosures and daily updates to auction dates, locations and status. Current, researched foreclosures are posted weekly, often even before foreclosure announcements reach the newspapers or registries of deeds.

"ForeclosuresMass' new website was designed specifically to take the "distress" out of purchasing distressed properties," says Jeremy B. Shapiro, president and founder. "Our innovative service affords even first-time home buyers and investors a level playing field with more sophisticated real estate investors - simply by arming them, in advance, with the reliable information they need to move quickly on opportunities as they arise. We already have subscribers telling us they have made deals that have netted them close to $100,000."

Subscribers to ForeclosuresMass' service can now download listings in their choice of software formats, receive weekly email notifications regarding the hundreds of new foreclosures filed each week, and import foreclosure information into their word processing software to make mail merges more efficient. Subscribers create county-specific accounts to tailor their searches to their preferred geographic locations. "Quick stats" provide a snapshot of foreclosure activity in specific cities and towns, enabling a new home purchaser or investor to assess the most promising locations for distressed property sales. The site also features detailed property pages that include tax record information, assessed value, purchase price, and date of purchase, along with name and possible phone number of the owner. Map and driving direction links help even novice foreclosure buyers to identify and move quickly on potential opportunities. When available, registry book and page numbers are listed as well as links to the appropriate registries of deeds, saving the home buyer precious research time and added attorneys' fees.

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Founded and incorporated in the spring of 2003, ForeclosuresMass has quickly become the industry leader in providing online Massachusetts foreclosure data to consumer home buyers, bankruptcy and real estate counsel, mortgage originators, real estate agents, investors and lenders. Its rich website offers unique value especially to the consumer market, assisting prospective home buyers in acquiring reliable advance data on the availability of foreclosure properties. Since 2003, over ten thousand properties have been listed through the company's web service. Persons interested in learning more about either ForeclosuresMass or the marketplace for distressed property in general are encouraged to take a no-obligation tour of the newly released website at www.foreclosuresmass.com.

Media contact: Donna Greer, A-Type Design & Marketing, 617-454-1188.


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