Getting a property through Foreclosure

[Mandi Martinez]

Hello all! I am very (VERY VERY) new to the fix and flip world. I am finally ready to pull the trigger and get my first deal! (Yikes!) Unfortunately I have put in offers, but I am continually beat by someone else who offers WAY above asking price. So I have turned my focus to the foreclosures in hopes that I won’t be in a bidding war as bad as I have been. I am looking for advice on the ethical way to approach someone in pre-foreclosure. I personally know how heartbreaking it is to be in that position and definitely do not want to call or write someone and sound like a jerk. Any good one line introductions or small speech’s that one has effectively used would be such a big help for me! I genuinely don’t want to pressure or swindle anyone, so if that’s the advice one has to give please refrain from commenting. Thank you!

[Nick C.]

If they're in preforeclosure usually they are either angry about it or they have their head in the sand and are ignoring it. 

We don't use scripts, just be yourself. You should be pressuring them, if they can get out of foreclosure by selling now, that's a better deal for them. Convincing them of that will be difficult however, most of the time they will assume you're a jerk anyway. It takes persistence.