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Updated over 2 years ago on . Most recent reply

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Frank Conigliaro
  • Realtor
  • Lancaster, PA
5
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9
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Best way to buy Pre-Foreclosure Properties

Frank Conigliaro
  • Realtor
  • Lancaster, PA
Posted

So if I go on my county sheriff's sale listings website, where all the foreclosure properties are listed, would it be best to reach out to the homeowner via text or call the listed attorney's office? 

My goal would be to reach a purchase agreement before it would go to auction. Any additional input or recommendations would be greatly appreciated. 

Most Popular Reply

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303
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Marty Boardman
  • Real Estate Investor and Instructor
  • Gilbert, AZ
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Marty Boardman
  • Real Estate Investor and Instructor
  • Gilbert, AZ
Replied

The BEST way to reach a homeowner in foreclosure is to go knock on their door. Most owners in foreclosure are in denial, confused, apathetic or angry. Few of them respond to direct mail or text message. They most likely won't call the phone number on a bandit sign or search on Google either. You can definitely close deals days or even minutes prior to the auction with the right strategy. And as Mark mentioned, you'll need a good title company.

Best of luck Francesco!

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