NEW Shark Bait 5.1 Features

Data & Import Management

• Now more powerful, with more features and infinite record capacity.
• More intuitive and easier to use.
• Comprehensive import wizard allows for easy import from virtually any data source and type.  
• Automatically stores unlimited data source profiles for quick switching back and forth, e.g. your favorite foreclosure data; MLS data, other county data.
• Downloadable "Preset Data Import Specifications" for the most popular foreclosure data services.  Just a few clicks and your ready to go, without the setup hassles!  See examples here
• Over 100 new importable fields, including the ability to merge data from different fields on import.
• Drag and drop field name matching, memorized for future use.
• New data exporting features.
• Automatic Sales Comp aging notices on 30 day intervals.
• Shark Bait works even without an electronic data source, as you can hand enter just the data you want (from any printed source) and still enjoy the powerful analysis features.
• Brokers can use Shark Bait to find the real deals on the MLS. Click here to learn how.
• Easily export data to Microsoft Word, Excel or text documents for custom reports and further financial analysis.
• Enter data easily by hand gathered from your own research.
• Tracking capabilities for all stages of foreclosure and postponements
• Automatically review any new record that has a duplicate Parcel Number of a record already within the database, with an at-a-glance review of just those fields that are different.
• Easily track postponements, bankruptcies, updated or republished notices on the same loan, or even a notice of another loan also in foreclosure!

Contact Management, Calendaring and Comprehensive Mailing Manager

• Comprehensive contact management system tracks all contacts and conversations by date and parcel number.
• Exports any contact record to Microsoft Outlook for storage in Outlook's Contact database as well (requires separate installation of Microsoft Outlook - not included with the purchase of Shark Bait).
• Sets reminders in Microsoft Outlook, for any purpose. Automatically completes calendar entries for important reinstatement & sale date reminders.
• Tracks any property through all of the phases of foreclosure, including delays and postponement dates.
• Extensive mailing system automatically exports records in predetermined letter groups for form letter mail merging.
• Mail Queue provides delayed exporting to form letters, based on predetermined day intervals, by preset date frequencies (e.g. today, 7 days from now, 14 days...), through a unique "Mail Queue"
• Mail Manager logs the date each record was exported for an historical popup review of all mailings, by letter group and type.

Create Maps, Store Photos, Analyze Repairs & Intended Bid Price

• Creates color maps with flagged location and address for any property (requires separate installation of Microsoft Streets & Trips - not included with the purchase of Shark Bait).
• Photo storage for up to 6 pictures per property record, for virtually every view.
• Automatic display of front photos in main record Control Room form.
• Comprehensive Repairs & Refurbishment estimating analyzer, with material and labor breakdowns.
• Helps you review, select and compute the total cost of hundreds of typical construction items, while automatically preloading your historic costs for materials and labor.
• Extensive purchase and bid analysis.
• Even determines when you'll need to have the cash on hand.

Filter & Sort Any Criteria

• Enhanced filtering capabilities, with complex date ranges, mathematical and text combination sorting - infinite ability to narrow your search.
• Filter specifications are memorized for your next use, as your personal investment criteria.  May be added to, or amended at your direction.
• Search and sort all foreclosure records by any property variable, loan amounts, Debt to Value ratios, lender name, trustee name, owner name, dates, or any included physical, geographical or financial variable you wish.
• Values properties by using three criteria: Thomas Brothers map coordinates, assessors parcel numbers, or zip code.

Intuitive Form Layout For Quicker Record Navigation 

• New 12 tab form control - quickly and easily navigates to any area of a record.
• Check List taskmaster to help you consider every step and avoid making any mistakes.  Check off each step as you complete it.  
• Better form & screen layout and graphics.
• 100's of new data fields
• More automatic analysis
• More property physical description & detail fields. 
• Intuitive functioning and information updating.
• Better menus & mouse functionality.
• Automatic highlighting of duplicate property notices for the same APN.
• Automatic window re sizing for most screen resolutions.
• Sub form pop-ups for detailed views and more selections.
• Create and maintain detailed notes, financial information and manage all the details for each property you're interested in.
• Displays all property information, including Assessor's tax data.

Debt to Value Analysis For Any Style Of Foreclosure Investing

• Determines "Debt to Value Ratios" for any property to easily sort out the best deals for any stage of foreclosure.
• Automatic loan and lien ranking by seniority. 
• At-a-glance analysis of all loans, grouped by: All loans and liens; Subject loan & senior loans/liens; Junior loans/liens only.
• Probable current loan balances automatically calculated based on historic interest rates for the past 20 years.
• Create a Sales Comps (Comparables) database for every property sale in your area for the past 12 months.
• Enhanced market valuation capabilities and debt-to-value ratios.
• Instantly determine the approximate market value of any foreclosure property.
• Quickly determine if there is equity in any property.
• Requires only a few bits of information to determine the subject properties market value and Debt to Value ratio!
• Helps you gather and verify all liens against both the property and the trustor.

Built-in Reports For Virtually Every Stage Of The Foreclosure Process

• 8 comprehensive reports with logical and easy to read layouts.
• Report sorting and filtering by dozens of criteria to include any, or all properties.
• Complex filtering including date ranges and combinations of any investment criteria.
• Better printing control and setting memorization.

Comprehensive Training & Help System

• Built-in Training Tutorial complete with an entertaining and graphic presentation.  
• Provides a step-by-step education for every area of the Shark Bait program.
• Built- in Help system with category references and key word highlights.
• Onscreen prompts make learning and navigating easy.
• Includes investor's tips, secrets, and information on how to quickly and easily get started.

Smooth Operation

• Conflict free operation in all Microsoft Office & Windows environments.
• Multi-user & network operable (additional charges may apply).
• Automatic system cleanup & compaction for maximum performance. 
• Automatic recalculation and queries (no buttons to click or remember).
• Hundreds of behind the scenes functions including, record management features and cross-referencing.
• "Fuzzy logic" updating and data processing.
• Windows 98, 2000, ME, NT, or XP
• Familiar Windows screens and navigation.

For Every Stage Of Foreclosure

• Designed for any stage of foreclosure, including Notices of Default, Notices of (Trustees or Sheriffs) Sale, and Bank Owned Properties (REO's), Tax sales.
• Works with properties in any area of the world.
• Quickly analyze hundreds of foreclosure properties in seconds.
• Make foreclosure buying easier with less legwork.
• Quickly become a foreclosure professional, knowing the best deals that experts take years to learn how to find and evaluate.

Easy to use! No modules to buy! No Record Limits! No hidden fees!

• One-time price...now only $399.95 (Special internet price)
• Available as download file from this website, or on CD Rom with extra nominal charge for shipping, handling and state sales tax.
• Shark Bait is a fully functional & complete software program.
• Price based on terms of license for single computer installation only.
• Additional computer installations available for $250.00 each.
• No "special" or additional modules to buy.
• No record limits, evaluate and manage as many properties as you like without worrying about license problems or extra costs.
• CRS Data Solutions offers superior service and technical support.
• Designed by professional foreclosure investors and software programmers.
• Includes everything you'll need except the local foreclosure record data!

Click here to discover how you can obtain foreclosure records in your area.