ForeclosureRadar Announces Company Name Change to PropertyRadar

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New Name Reflects the Launch of a New Product Providing Access to all California Properties

ForeclosureRadar®, the most trusted source of California foreclosure information and software announced today that the company has changed its name to PropertyRadar®, effective immediately. The new name coincides with the launch of a new product that provides data, software, and analytics across all California properties, not just those in the foreclosure process.

ForeclosureRadar launched in 2007, prior to the foreclosure crisis and the resulting changes that hit the overall real estate market. We find ourselves again in a fast moving market with a significant portion of distressed properties still in the mix, new opportunities, rising prices, and increased risk. PropertyRadar is determined to fundamentally change the way professionals’ value real estate investment so they can capitalize on the opportunities avoid the same mistakes we have seen in the past.

“We are proud that we changed the way professionals operate in the foreclosure marketplace, by providing reliable information on properties in every phase of the foreclosure process, so they can make truly informed decisions. Now we are excited to do the same for the overall Real Estate market,” said Sean O’Toole, Founder and CEO of PropertyRadar. “Distressed properties are still a major portion of the market and will be with us for many years to come, so PropertyRadar includes all the functionality that is in ForeclosureRadar plus so much more. PropertyRadar has been two years in the making, and is the first step in my long-term vision to provide professionals with access to the most reliable Real Property data in one place. With PropertyRadar, Real Estate professionals will no longer have to scrape together scattered information, nor rely on antiquated tools and formulas to make knowledgeable choices. As the Real Estate market is incredibly complex and ever changing, success is predicated on access to quality information in a timely fashion. PropertyRadar will help professionals stay one step ahead of the competition.”

PropertyRadar is a web-based subscription service for Real Estate professionals. Subscriptions start at $49.95 per month with no long-term contract. A 3-day free trial is available. For more information, visit http://www.propertyradar.com/

About PropertyRadar®:
PropertyRadar.com provides the data, software, and analytics to find new opportunities and solve real world problems across all California Real Estate. PropertyRadar also includes all the foreclosure data that professionals have come to rely on including daily updates on auction status and outcomes. PropertyRadar has been serving its customers for over six years via ForeclosureRadar and and counts several thousand investors, Realtors®, government agencies and other professionals among its subscribers. Bloomberg, 60 Minutes, Wall Street Journal, Associated Press, and many other leading media outlets have cited ForeclosureRadar as an authoritative source. The company was launched in May 2007 by Sean O’Toole, who spent 15 years building and launching software companies before entering the professional real estate market in 2002, where he has successfully bought and sold more than 150 residential and commercial foreclosures. PropertyRadar is privately held and based in the North Lake Tahoe, California Area.

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Susan Sierota
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