• April 6, 2007

Yahoo added a foreclosure center to help bargain hunters capitalize on the slumping real estate market. The new section, unveiled this week, is similar to other Internet services like foreclosurefreesearch.com, foreclosuredeals.com and realestateforeclosures.net that identify repossessed homes.

In addition to pinpointing the locations of foreclosed homes, Yahoo's section also provides buying tips and other relevant market information.

Obtaining specific addresses of troubled properties requires a subscription to RealtyTrac, which contributes to the new section. Yahoo hopes to make money off ads that will appear in the foreclosure center.