That's a great question - the 'fee' you are talking about is from the aggregators of the foreclosure data (The companies that gather and put all the information together). This data is often sourced from multiple venues, including banks, investors, and other entities. Putting it all together and getting it setup logically so that you and I can easily and readily compare it to other property listings takes time, talent and money. The comparison tools and Property Reports that MyREALTY.com provides are designed to help you make a very strong and informed decision about your investment.
Now, for your 'short question': If you are confident that you've got the tools and time to find the 'right' deal (or deals), then by all means jump in.
I may take a hit or two from the REALTORS on this one, however, for the low fees that you'll pay (as little as $29/month here on MyREALTY.com) you'll be able to know quickly if it really makes sense for you to 'go it alone' with your investment.
The really great news is this: there are hundreds of foreclosure and investment savvy Agents and Brokers ready to help you, should you change your mind and need their services.
Check out the 'Find an Agent / Broker' search on www.MyREALTY.com to locate a qualified and interested professional - when YOU need them.
Best to you in your search, Newbie!
-and remember; have FUN, and make it 'simple'.
Tim Mancuso
Real Estate Technologist
"Technology is your friend...!"