Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

88
Posts
49
Votes
Kat Rathell
  • Rental Property Investor
  • Milwaukee, WI
49
Votes |
88
Posts

Pre-foreclosure deal offer

Kat Rathell
  • Rental Property Investor
  • Milwaukee, WI
Posted

Hi! I am currently looking at a property on Zillow that is listed as a pre-foreclosure. The price is excellent (albeit it is a Zillow estimate of what it would foreclose for).

How do I go about contacting the owner/lender to put in an offer? The property is not officially on the market. Or who is it better to contact in a case like this?

We are in Wisconsin, not sure if this is relevant. 

Thank you!

Most Popular Reply

User Stats

864
Posts
554
Votes
Jake S.
  • Rental Property Investor
  • Minnesota
554
Votes |
864
Posts
Jake S.
  • Rental Property Investor
  • Minnesota
Replied

Hey Kat!

I would first talk to a local realtor and get some more details on the property, whether it is still in pre-foreclosure, the comps, etc.  Zillow isn't always up to date when it comes to foreclosure stuff.

Otherwise, you can go to the persons home and talk to them, you can send them letters, find their number and call them, etc.

Loading replies...