Foreclosure WORKING NAME
AN AIDEA FOUNDRY COMPANY
Know the true cost of a foreclosure before you bid.
Foreclosure works out the total landed cost of every property on an auction calendar (winning bid, surviving liens, back taxes, occupancy and repairs) before auction day.
- SECTOR
- Real estate
- STAGE
- [Stage]
- LAUNCHED
- [Date]
THE PROBLEM
Liens that survive the sale pass to the buyer, and nobody puts a number on them before the auction.
A title search costs $75–300 and takes 24–72 hours per property, so buyers can't screen a whole calendar. The big auction sites are paid by the seller.
WHAT IT DOES
-
01
Liens that survive the sale
Reads the sale type to work out which liens transfer to the buyer, then puts a number on them.
-
02
Total landed cost
Bid, surviving liens, back taxes, holdover, repair reserve and closing, as one figure per property.
-
03
County procedure
Registration deadline, deposit, payment method and balance window for each county sale.
WHO IT'S FOR
Built for buyers, not sellers.
-
House flippers
A maximum bid built on real liabilities, not a clean-title guess.
-
First-time buyers
Each county's process explained, step by step.
-
Small landlords
Occupancy and holdover risk, before you buy.
BUILT ON FOUNDRY CORE
What Foreclosure gets from AIdea Foundry instead of building it alone.
- AI & data platform
- Security & compliance
- Design & engineering
- Go-to-market
- Capital & finance
- Talent & operations
MILESTONES
From spark to launch
- [DATE] · SPARK[Milestone]
- [DATE] · FORGE[Milestone]
- [DATE] · LAUNCH[Milestone]
- NEXT[Upcoming milestone]