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Updated over 15 years ago on . Most recent reply

Webb Sledge's profile image
Webb Sledge's profile image
Webb Sledge
  • Real Estate Investor
  • from Lynchburg, Virginia
  • Member since May 13, 2009
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Webb Sledge's profile image
Webb Sledge's profile image
Webb Sledge
  • Real Estate Investor
  • from Lynchburg, Virginia
  • Member since May 13, 2009
Connect
Webb Sledge
  • Real Estate Investor
  • Lynchburg, VA
3
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41
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Foreclosures

Mailing to Pre-Foreclosures w/ No Equity?

Webb Sledge
  • Real Estate Investor
  • Lynchburg, VA
Posted

Do you all even bother doing direct mail to pre-foreclosures with no immediate equity? I'm new at this, but if I see in the trustee's sale ad that someone owes $300,000 on a house that's assessed at $200,000, they're probably not going to be able to sell it to me at a price I can work with. Do you mail to them anyway?

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