Foreclosure.com unveils cutting-edge digital image technology to enhance its real estate listings

January 17, 2008 (PRLEAP.COM) Business News
Boca Raton, Fla. — January 17, 2008 — Foreclosure.com today announced the use of innovative Pictometry image technology on its Web site for preforeclosure and foreclosure listings, offering visitors access to high-resolution images of homes and neighborhoods throughout the United States.

Pictometry allows users to view landmarks, roads and complete municipalities from multiple directions (North, South, East and West) and angles with just a few mouse clicks. In fact, features such as a house, building, street light — even a fire hydrant — can be seen in their entirety thanks to the leading-edge innovation.

For example, with Pictometry, Foreclosure.com visitors can drill down and see front doors, backdoors, windows and other home features.

“As a real estate investor, one of the most important details when searching for a great deal is the exterior condition of the home,” said Foreclosure.com President and CEO, Brad Geisen. “Even if it’s just a shot of the outside, that one photo provides a potential buyer with a good sense of what is for sale. Pictometry ensures that our visitors get this all-important first look.”

Pictometry, according to Geisen, provides site visitors with amazing access to properties and real estate from all angles.

In addition, the aerial images provide a unique neighborhood perspective, which is uncommon for the traditional photos that brokers and Realtors® often upload to their listings. In short, Pictometry images are above and beyond traditional images on real estate listings.

“Foreclosure.com already provides visitors with educational materials, resources and contact information for each of our more than 1.2 million listings to help them make informed purchasing decisions,” said Geisen. “Thanks to this state-of-the-art technology we are able to enhance this important — and sometimes once-in-a-lifetime — experience that much more.”

To see Pictometry in action visit Foreclosure.com and search the nationwide foreclosure database that includes more than 1.2 million real estate listings.

About Foreclosure.com
With more than 1.2 million foreclosure, preforeclosure, bankruptcy, FSBO and tax lien listings in one place, Foreclosure.com delivers America's largest and most accurate searchable database of foreclosed homes and investment property information to its customers and business partners. Based in Boca Raton, Florida, Foreclosure.com works with hundreds of top lending institutions and government agencies to list diverse property types on its Web site, including Real Estate Owned (REO); Department of Housing and Urban Development (HUD); Department of Veterans Affairs (VA); Fannie Mae; and other government agency and financial institution properties; as well as listings from an extensive network of corporate sellers. On the Web: www.foreclosure.com.

About Pictometry
Pictometry International Corp. is the worldwide leader in oblique aerial imagery and imaging software. Using its proprietary imaging process, Pictometry® captures geo-referenced, high-resolution oblique (at an angle, producing a 3-D like view) and orthogonal (straight down) Intelligent Images®, within which structures and land features can be accurately measured. Pictometry customizes and markets these technologies for government and commercial applications, offering compelling non-traditional software solutions to aerial imaging needs. Pictometry’s imagery and software enables users to “See Everywhere, Measure Anything, Plan Everything”® using a digital information system that is the only patented one of its kind in the U.S. Headquartered in Rochester, NY, Pictometry has offices throughout the U.S. and Europe. The company’s image library consists covers most of the populated U.S., as well as all major cities in Western Europe and a growing presence in Australia, Canada, Western Europe, China and Japan. Pictometry is a second order visualization tool that does not produce authoritative or definitive information (surveying) from its digital, aerial images. For more information on Pictometry, visit www.pictometry.com.

Media Contact:
Thomas Myers
Foreclosure.com
tmyers@foreclosure.com
Tel: (561) 981-5337 ext. 381