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Attention renter: Your home is in foreclosure

April 1, 2009 |  8:45 am

Renters who hate surprises might be interested in a new service launched today by RealtyTrac, an online marketplace for foreclosure properties. For $24.95 a year, RealtyTrac Renter Alerts  will send subscribers an e-mail when their residence goes into default or is headed toward foreclosure.

RealtyTrac's database of 1.8 million foreclosure and bank-owned properties can also be tapped to research properties before entering into a lease.

What do you think? Twenty-five bucks for some peace of mind?

— Lauren Beale

Thoughts? Comments?