Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
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 2 years ago on . Most recent reply

User Stats

3
Posts
1
Votes
John Halvorson
1
Votes |
3
Posts

Pre-foreclosure advertising law

John Halvorson
Posted

Hi! Working on a second flip that we found on the CRMLS but I was interested in trying to approach a person who might be in pre-foreclosure for our next flip to see if we might be able to come to a mutually beneficial agreement so they can avoid the big F but not rob them of their equity or homes.  I know their might  be some predatory practices out there and I don’t want be involved in any of that but I think there might be some options where we could make a fair deal with some one going throgh a tough time like this. That being said I know a lot of people cold call people in pre-foreclosure and I’ve seen the letters and scripts people use but I was wondering if you were allowed to advertise that your buy pre-foreclosure homes. Might be a stupid question as I realize you probably can’t say certain words like “foreclosure” or “help” but I’m looking for some direct links to guidelines and or laws if anyone has a place where I can read up on those I would be very great full. 

Loading replies...