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Jules Dominguez
  • Los Angeles, CA
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Finding Direct Properties to Buy for Cash

Jules Dominguez
  • Los Angeles, CA
Posted

Hey guys,

I'm interested in trying to find a direct seller or foreclosure for a cash property purchase. I live in a popular area so I'm trying to avoid going through properties that are already on the market and buying direct. Any ideas on how I could do this? Any help would  be appreciated. This would be my first home purchase. 

Thanks,

Jules

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Curt Smith#5 Mobile Home Park Investing Contributor
  • Rental Property Investor
  • Clarkston, GA
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Curt Smith#5 Mobile Home Park Investing Contributor
  • Rental Property Investor
  • Clarkston, GA
Replied

Finding the motivated seller in todays hot markets is the problem.  Mailing absentee lists is not working that well.

The very best lists are delinquent tax lists. Some counties have these lists on line on the tax commissioners website. Some like my state / counties don;'t have the easy to down load lists. You search for tax commissioner. Click pay taxes. click search by name. You need to manually or pay a VA to enter just the first letter a-z then navigate all pages looking for the typical indication that the tax has not been paid. Scrape those addresses. Check in zillow if you even want to mail that address. Some times the owner does not live at the address. Go to the tax assessors page, always they have enter the address search. Often you'll find the owner has a different address.

The more work you have to put in, means fewer investors will be mailing them.  Go to the county court house for:  eviction court lists of landlords, some times code violations are avialble some times not.  Probate is a tough list even if you hvae the address of the executor.  Probate are expensive lists and marginal conversion rates.  Unless the family is hard to find and not on lists.

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