Fidelity Overhauls BuyBankHomes Site

Fidelity National Financial has launched an enhanced version of its BuyBankHomes.com website portal for selling bank-owned homes.

Fidelity said the new site incorporates Intelligent Map Searching, so that users no longer are required to be familiar with specific property location data such as city or ZIP code. The layered-map feature allows users to start with a broader area, like a state, and zoom in on local markets. The site also features new bidding capabilities for live, online auctions.

The new functionality for online auctions includes a feature that allows users to receive e-mail notification about bank-owned properties for sale in a given area.

If they are interested in placing bids, they have the option of three different bidding subscription packages: single use, 90-day and one-year.

With a single-use membership, users can bid an unlimited amount of times on a single property for a one-time fee.

The redesigned site also includes educational information to ensure that site users are well informed about all aspects involved in buying bank-owned properties.

"We are excited to unveil the new BuyBankHomes.com website that goes far beyond any other bank-owned property resource in the industry," said Chad Neel, president of Fidelity National Asset Management Solutions, in a press release. "With its enhanced features and educational tools, this new site provides experienced and new buyers alike with the most satisfying and rewarding bank-owned property shopping experience."

The online portal is dedicated to marketing properties that have completed the foreclosure process. Fidelity National Financial is a provider of products and outsourced services to financial institutions and the real estate industry.

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