Real Estate Marketing

How to Successfully Market to Homes in Pre-Foreclosure

Expertise: Real Estate Marketing, Personal Development, Real Estate News & Commentary, Mortgages & Creative Financing, Real Estate Investing Basics, Landlording & Rental Properties, Flipping Houses, Personal Finance, Business Management
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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 about finding and contacting owners of homes in pre-foreclosure. As the housing market remains shaky, there are countless opportunities for investors to find great deals. Targeting pre-foreclosures is just one strategy you [...] View the full article: How to Successfully Market to Homes in Pre-Foreclosure on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.

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Joshua Dorkin is a serial entrepreneur, investor, podcaster, publisher, educator, and co-author of
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    Grant
    Replied over 14 years ago
    Great idea! I might have to give that a shot. I just came across your site, and I found that you’re doing exactly what I’m trying to do. I’ll definitely check in frequently, and add your site to my blogroll. Keep up the good work! -Grant http://www.TheCornerOfficeBlog.com
    Administrator
    Replied over 14 years ago
    Thanks Grant! Glad to gave you. Nice blog, BTW
    Administrator
    Replied over 14 years ago
    Thanks Grant! Glad to gave you. Nice blog, BTW
    Jim Watkins
    Replied over 14 years ago
    Dang! That’s an impressive site. Now my site pales in comparison to BiggerPockets & CornerOffice. I’d be interested in doing some brainstorming with both owners as well as prohabber to see what we can come up with. Reply Report comment
    Jim Watkins
    Replied over 14 years ago
    Dang! That’s an impressive site. Now my site pales in comparison to BiggerPockets & CornerOffice. I’d be interested in doing some brainstorming with both owners as well as prohabber to see what we can come up with.
    Jim Watkins
    Replied over 14 years ago
    Dang! That’s an impressive site. Now my site pales in comparison to BiggerPockets & CornerOffice. I’d be interested in doing some brainstorming with both owners as well as prohabber to see what we can come up with. Reply Report comment
    Jim Watkins
    Replied over 14 years ago
    Dang! That’s an impressive site. Now my site pales in comparison to BiggerPockets & CornerOffice. I’d be interested in doing some brainstorming with both owners as well as prohabber to see what we can come up with.
    Chris Dawson
    Replied over 14 years ago
    Good Advice on how to contact pre-foreclosures, thats the way I have been doing it for over ten years.
    Zach @ Mid Mo Mortgage
    Replied over 10 years ago
    Do you have anything to add, then? I’m new to the industry and to hear from an expert from yourself would be a major treat. .-= Zach @ Mid Mo Mortgage´s last blog ..Jan 29 – Market Growth Surging As GDP Reports Forthcoming =-.
    Raymond Min
    Replied over 14 years ago
    Anyone have any preforeclosure letters that I can use for mailing? Something that doesn’t sound like a vulture is trying to steal their house away from them?
    Raymond Min
    Replied over 14 years ago
    Anyone have any preforeclosure letters that I can use for mailing? Something that doesn’t sound like a vulture is trying to steal their house away from them?
    Raymond Min
    Replied over 14 years ago
    Anyone have any preforeclosure letters that I can use for mailing? Something that doesn’t sound like a vulture is trying to steal their house away from them? Reply Report comment
    Raymond Min
    Replied over 14 years ago
    Another question is, I have run into vacant property but I have no idea how to call them to find out about their property. Based on the address, I can get the owner’s names but cannot get their phone numbers or way of contacting them. Any advice? Reply Report comment
    Raymond Min
    Replied over 14 years ago
    Another question is, I have run into vacant property but I have no idea how to call them to find out about their property. Based on the address, I can get the owner’s names but cannot get their phone numbers or way of contacting them. Any advice?
    Raymond Min
    Replied over 14 years ago
    Another question is, I have run into vacant property but I have no idea how to call them to find out about their property. Based on the address, I can get the owner’s names but cannot get their phone numbers or way of contacting them. Any advice?
    Jim Watkins
    Replied about 14 years ago
    What state are you in? Tracking down homeowners that have walked away is actually pretty easy. PublicData.com is among my favorite web sites for searching for owners. *click on the link in the public links page on my website and you get 100 bonus searches when you sign up. It is important to know what states are covered on publicdata. Do what the US Marshalls do when searching for escaped convicts….. they don’t look for them! They look for everyone else that knows them.
    Jim Watkins
    Replied about 14 years ago
    What state are you in? Tracking down homeowners that have walked away is actually pretty easy. PublicData.com is among my favorite web sites for searching for owners. *click on the link in the public links page on my website and you get 100 bonus searches when you sign up. It is important to know what states are covered on publicdata. Do what the US Marshalls do when searching for escaped convicts….. they don’t look for them! They look for everyone else that knows them.
    Jeff
    Replied almost 8 years ago
    How difficult is it to convince someone to contract for you to simply take over their mortgage payments (when they are in pre-foreclosure)? There are scam artists seeking “service fees” to give you listings under this premise.
    Jeff
    Replied almost 8 years ago
    How difficult is it to convince someone to contract for you to simply take over their mortgage payments (when they are in pre-foreclosure)? There are scam artists seeking “service fees” to give you listings under this premise.
    Walter Ciucevich Flipper/Rehabber from Sanford, NC
    Replied over 2 years ago
    So the idea here is we take the 2-8% return we get on mailing to the pre-foreclosures and then skip trace or something on the return mailers?
    Justin Munk from Logan, Utah
    Replied almost 2 years ago
    I don’t get this part: The idea is not to focus on those owners who are still living in their home, but those who no longer live there.
    Ahmer Zaidi Rental Property Investor from Orland Park, IL
    Replied 6 months ago
    Where is this article?