Wednesday, January 12, 2005

GovernmentAuctions.org to Add 20,000 Real Estate Foreclosures to its Current Foreclosure Database

Bargain hunter website GovernmentAuctions.org announces that it has finalized plans to include an additional 20,000 high-quality real estate foreclosure listings in its weekly foreclosure database in the coming months.

Great Neck, NY (PRWEB) -- GovernmentAuctions.org (http://www.governmentauctions.org), a division of Cyweb Holdings Inc, announces that it has finalized plans to include an additional 20,000 high-quality real estate foreclosure listings in its current foreclosure database.

The additional listings, which are set to be incorporated in the coming months, will come from a variety of sources and will feature both REO (Real Estate Owned by the Lender) properties and foreclosure sales. GovernmentAuctions.org members will be able to access the expanded information at no additional charge. Foreclosure information will continue to be updated weekly.

“Our existing customers are eager for the opportunity to view additional affordably priced real estate. By adding 20,000 more high-quality listings, we will have significantly increased our already substantial database of foreclosures, and will have taken a important step forward in our effort to provide the most comprehensive and relevant residential foreclosure property information in the United States,” said Cyweb Holdings VP Michael Pesochinsky. “We have worked hard to make our GovernmentAuctions.org division an excellent resource for bargain hunters of all types, and we intend to continue enhancing our offerings to meet needs of our current and future customers.”

About GovernmentAuctions.org
GovernmentAuctions.org (http://www.governmentauctions.org) is a membership-based web site for bargain hunters that helps its users find and participate in government auctions of seized and surplus property. It also provides its members with access to its weekly nationwide database of 25-35,000 foreclosure listings across the United States.

About Cyweb Holdings Inc.
Cyweb Holdings Inc. (http://www.cywebholdings.com) is a company that, through it's divisions and holdings, provides high quality web-based information services to the public and other businesses. The company consists of personnel and management who, combined, have extensive experience in business, government, law, software and technology, and who have committed themselves to use their backgrounds and knowledge to create, sustain, and invest in, superior information products in various markets.