Fidelity National Financial Division Adds More Foreclosure Properties and Educational Tools to BuyBankHomes.com
November 14 2005 - 4:15PM
PR Newswire (US)
JACKSONVILLE, Fla., Nov. 14 /PRNewswire-FirstCall/ -- Fidelity
National Financial, Inc. (NYSE:FNF), a Fortune 500 provider of
products, services and technology solutions to the financial and
real estate industries, today announced the release of enhancements
to BuyBankHomes.com, its popular online portal dedicated to
marketing properties that are in or have completed the foreclosure
process. The updates to this site will enable buyers and investors
to search even more pre- and post-foreclosure property listings and
use additional resources to educate themselves in the process of
purchasing bank-owned, auction or pre-foreclosure properties.
BuyBankHomes provides a neutral online community for buyers and
sellers of properties acquired through foreclosure. This site
offers a customized user experience for real estate brokers and
agents, buyers, sellers and investors. Brokers and agents utilize
this portal to list foreclosed properties, monitor other
foreclosure properties in specific geographic areas, and obtain
leads for buyers looking for assistance with their real estate
needs. On the Web site, buyers and investors can view hundreds of
thousands of foreclosure and bank-owned listings, transmit offers
to lenders and order ancillary products, such as property reports,
home valuations and other collateral services. With the latest
updates to BuyBankHomes, buyers and investors will be able to
search many more foreclosed property listings. Nearly 400,000 new
properties have been added to the site. BuyBankHomes has also
enhanced the site with the addition of its new BBH Advantage
Suite(TM), which consists of several educational and informative
components, including the BBH Advantage Series(TM), the BBH
Advantage Steps(TM) and the BBH Advantage Reports(TM). The BBH
Advantage Series offers real estate investment video training
modules designed to teach investors how to target, identify and
purchase pre- and post-foreclosure properties. To supplement the
BBH Advantage Series, the BBH Advantage Steps use a mentoring
approach to guide investors and buyers through the defined process
of purchasing bank-owned, auction or pre-foreclosure properties.
The BBH Advantage Report provides extensive information on the
neighborhood of a specified foreclosed property, including property
history; comparable sales data; neighborhood demographics; public
schools report; private schools report; flood report; and crime
report. The components of the BBH Advantage Suite are being offered
at varying levels within BuyBankHomes newly added subscription
structure. This new subscription structure consists of bronze,
silver and gold membership levels for buyers and investors, as well
as real estate brokers and agents. For buyers and investors, the
gold membership includes full access to all listings on the site,
newly added property notices; property price change notices; online
bidding notices; in addition to all components of the BBH Advantage
Suite. The gold membership for Brokers and Agents includes
pre-foreclosure and bankruptcy postings; buyer lead referrals;
ability to add unlimited bank- owned properties; access to buyer
and seller leads; ability to specify coverage area; inventory
notices; price change notices; and access to the BBH Advantage
Suite components. Free basic memberships are also still available.
Detailed membership information is available on the Web site. "We
are extremely excited about the launch of the BBH Advantage Series
and the addition of numerous foreclosed property listings to our
BuyBankHomes site," said Chad Neel, President of BuyBankHomes.
"These additions arm our users with extensive data, educational
materials and the necessary toolset required to take full advantage
of the Internet when buying and selling bank- owned properties."
Fore more information about BuyBankHomes, please visit
http://www.buybankhomes.com/ or call 1-877-854-6052. About Fidelity
National Financial Fidelity National Financial, Inc. (NYSE:FNF),
number 261 on the Fortune 500, is a provider of products and
outsourced services and solutions to financial institutions and the
real estate industry. Through its majority- owned, publicly traded
subsidiary, Fidelity National Title Group, Inc. (NYSE:FNT), FNF is
the nation's largest title insurance company, with nearly 31
percent national market share. Through its majority-owned
subsidiary Fidelity National Information Services, Inc. ("FIS"),
the Company is a leading provider of core financial institution
processing, mortgage loan processing and related information
products and outsourcing services to financial institutions,
mortgage lenders and real estate professionals. FNF is also
provider of specialty insurance products, including flood
insurance, homeowners insurance and home warranty insurance. More
information about the FNF family of companies can be found at
http://www.fnf.com/ , http://www.fntg.com/ and
http://www.fidelityinfoservices.com/ . This press release contains
statements related to future events and expectations and, as such,
constitutes forward-looking statements. These forward-looking
statements are subject to known and unknown risks, uncertainties
and other factors that may cause actual results, performance or
achievements of the Company to be different from those expressed or
implied above. The Company expressly disclaims any duty to update
or revise forward- looking statements. The risks and uncertainties
which forward-looking statements are subject to include, but are
not limited to, the effect of governmental regulations, the
economy, competition and other risks detailed from time to time in
the "Management's Discussion and Analysis" section of the Company's
Form 10-K and other reports and filings with the Securities and
Exchange Commission. DATASOURCE: Fidelity National Financial, Inc.
CONTACT: Daniel Kennedy Murphy, Senior Vice President, Finance and
Investor Relations, +1-904-854-8120, or , or Darcy Patch, Senior
Vice President of Marketing, Office of the Enterprise,
+1-949-477-1173, or , both of Fidelity National Financial Web site:
http://www.fnf.com/ http://www.fntg.com/
http://www.fidelityinfoservices.com/ http://www.buybankhomes.com/
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