pre-foreclosure

Economy

How the Robo-signing Settlement will Affect You

by Steve Cook | February 8, 2012
Thumbnail image for How the Robo-signing Settlement will Affect You

As the result of a massive settlement negotiated between states and lenders that is almost complete, major changes are in the offing that will significantly change the way lenders, especially the largest banks, service defaults and foreclosures.  For investors, especially those who invest in major foreclosure markets in states in participating, the settlement will have [...]

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Real Estate Marketing

If you are not getting “yelled at” then you are not doing enough!

by Jason Hanson | June 26, 2008

On Saturday at my local REIA meeting (everyone should be going to ALL of the REIA meetings in your area), I was talking with an investor who had received a nasty phone call from a homeowner who was not happy that they received a letter in the mail. They wanted this investor to know that [...]

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Foreclosures

From Pre-Foreclosure to Pre-Trial Hearings

by Milton B. Yates | May 25, 2008

BEWARE! BEWARE! BEWARE! I am quite sure that many of you are staying abreast of the new laws regarding dealing with sellers and properties on their way into foreclosure status. On my side of the country it is especially critical to follow all guidelines of the pre-foreclosure business. Those who are choosing to take their [...]

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Learn Real Estate

How to Be a Successful Real Estate Investor. The Story of One Valuable Pre-Foreclosure Lead.

by Jim Watkins | March 20, 2008

How Valuable is One Lead? People often ask me what the average response rate is when mail marketing to homeowners in pre-foreclosure. There are two answers depending on what the content of the letter is. If the purpose of the letter is to see if the homeowner is willing to sell, then the average response [...]

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Foreclosures

Buying at the Foreclosure Auction: Beware of Occupied Homes – A Horror Story that Could be YOU!

by Jim Watkins | November 15, 2007

Since I got into this business in 1999, my main focus has been on pre-foreclosures. As many investors that have worked in that field know that it is a highly competitive business. The TV infomercials paint a picture that is often times not accurate. TV wants new investors to believe that there are tons of [...]

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Real Estate

How to Successfully Market to Homes in Pre-Foreclosure

by Joshua Dorkin | March 29, 2006

Image by respres via Flickr Article Updated 5/9/09; The piece was initially written in March, 2006. In this post we share some ideas posted by Jim Watkins, one of the countless real estate mentors on BiggerPockets, about finding and contacting owners of homes in pre-foreclosure. As the housing market remains shaky, there are countless opportunities [...]

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