How do you find short sales?

Question

What method do you guys use to keep up to date with short sales around a particular area?

Will Barnard · Answer

In my mind, it is too early marketing to these people. Somebody with a 30 day late could have just forgotton to make the payment, been out of town, etc. and is not in a hardship or mindset to sell. This to me would bring a lot of wasted leads. I would prefer the ultimate motivated and to me, that is the ones that get the NTS. They are now in crunch time and should be much more motivated (at least from a short sale investor perspective)

Andrew Urban · Answer

Yellow letter seams very expensive.  Can I just go down to the court house and ask them which houses are heading into foreclosure?

Dave P. · Answer

Google it.

yellowletter.com provides pre-NOD lists.

Cathleen Ohannigan · Answer

Where do you purchase the list of 30 days late?

Josh Zollinger · Answer

You can also purchase data when the homeowner hits 30 days down rather than wait for the NOD.

Charles Hwang · Answer

local Realtor and www.foreclosures.com

Dave P. · Answer

It's sad that I have to mention this, but a good agent should be able to provide the info you need.

Chris Coughlan · Answer

i did the free trials with foreclosure dot com and realtytrac dot com
both had some good information on preforeclosures, sherrif sales, tax liens etc.

Jon Holdman · Answer

Those national services tend to have very dated information.  In many areas, there is a local service that just covers a small area and will get you the notices right after they're filed.  Go to your local REIA or otherwise find nearby investors and ask around.

David Diaz · Answer

Depending on what part of the country your in, most of the information on homeowner in Foreclosure can be found at your local county court house. If your lucky some state have internet site that give you all that information. 
As far as contacting homeowner you have create a marketing strategy for that. You may want to puts ads in newspaper, bandit signs or mail out to homeowner saying that you buy House or something like that.
   As far a short sale leads or homes selling via short.. you have to be involved in REI groups that have investor doing short Sale or you doing the Short Sale yourself. And short Sale leads are considered homeowner in financial distress or in pre-foreclosure that your Short Sale lead. You can contact a local Agent that can find you Short Sale in your area that are being marketed as Short Sale. 
   
I hope that helped..

How do you find short sales?

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