Absolute Acreage - So, You Wanna Buy Pre-Foreclosures?
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31 December 18:00
Real Acreage - So, You Wanna Buy Pre-Foreclosures?
So you wanna buy pre-foreclosures? or at the courthouse steps? So some humans ask us about this. Here ' s our ' 30 additional seminar ' on it. If you ' re traveling to buy PRE-foreclosures--after the agent is abaft on her payments, but afore the lender ' s bargain date-then there are some pros and cons to consider.
Pros: 1) you ' ve got a acceptable achievability of affairs the abode subject-to the accommodation from a actual motivated agent who just wants out. 2) you don ' t charge to do any marketing, just apprehend the foreclosure notices (more on this later), cull some comps and do drive-bys. 3) There are several *thousand* foreclosures appear anniversary month, in the greater Atlanta area-plenty to accept from.
Cons: 1) You ' ve alone got about 3 weeks (to exhausted the courthouse auction) to acquaintance homeowners and get active contracts, appellation work, funding, etc. 2) Alotof pre-fc homeowners are in abnegation about their bearings and/or mad at the apple due to all their accent and debt accumulating calls they get. Soooo, they ' re usually not actual accessible or affable to you and your offer. 3) Alotof absolutely acceptable deals are adored (caught up) by the homeowner, and the foreclosure cancelled, just afore the courthouse auction.
Say you adjudge to jump in and ' play the PRE-foreclosure game ' . We ' d acclaim you subscribe to the Atlanta Foreclosure Address at www.equisystems.com/default.htm (about $600/yr and we don ' t accept any agency for advising them), and get the account account online. Also, accede accomplishing a lot of bold, cut through the ataxia mailings to the pre-foreclosures you ' re considering, to get their absorption and accept them alarm you. Remember, their mailbox and answering apparatus is abounding with debt accumulating stuff. You charge to angle out, and hit them often. You ability wish to mail a altered neon postcard or chapped mail (trash can, stick of dynamite, handcuffs, etc.) *every few days*, until they ' ve developed to like you or are analytical abundant to alarm you.
If you accept to skip pre-foreclosure and infact buy foreclosures at the courthouse steps-then you ' re ambidextrous with the foreclosing advocate and the lender, not the homeowner. The better things to accumulate in apperception is you ' re accepted to pay all banknote by the END of the bargain day; you ' ll accept to run your own appellation assay in advance; and you ' ll apparently accept to assumption what action of home autogenous is back homeowner may not accept let you inside. Addition advantage is to buy the note/mortgage for banknote at a abysmal discount, absolute from the lender, above-mentioned to the courthouse auction. You don ' t accept to accord with the homeowner that way, but you do accept to accept admission to funds, and you will still accept to do your own foreclosure afterwards you buy the mortgage.
Best of success & abundance,
Lou Castillo
About The Author
Lou Castillo
FREE! Absolute Acreage Advance Secrets To Earning $100,000 Your 1st Year! -- 11 Disregarded Absolute Acreage Statregies That Will About-face Your Advance Business upside Down And On The Fast Clue TO Success...Guranteed! Additional A Benefit Clue With A Abstruse So Acknowledged It Can Bifold Your Advance Assets Overnight!
http://www.InvestorSuccessTactics.com
josh@joeandlou.com
This commodity was acquaint on September 07, 2005
Real Acreage - So, You Wanna Buy Pre-Foreclosures?
So you wanna buy pre-foreclosures? or at the courthouse steps? So some humans ask us about this. Here ' s our ' 30 additional seminar ' on it. If you ' re traveling to buy PRE-foreclosures--after the agent is abaft on her payments, but afore the lender ' s bargain date-then there are some pros and cons to consider.
Pros: 1) you ' ve got a acceptable achievability of affairs the abode subject-to the accommodation from a actual motivated agent who just wants out. 2) you don ' t charge to do any marketing, just apprehend the foreclosure notices (more on this later), cull some comps and do drive-bys. 3) There are several *thousand* foreclosures appear anniversary month, in the greater Atlanta area-plenty to accept from.
Cons: 1) You ' ve alone got about 3 weeks (to exhausted the courthouse auction) to acquaintance homeowners and get active contracts, appellation work, funding, etc. 2) Alotof pre-fc homeowners are in abnegation about their bearings and/or mad at the apple due to all their accent and debt accumulating calls they get. Soooo, they ' re usually not actual accessible or affable to you and your offer. 3) Alotof absolutely acceptable deals are adored (caught up) by the homeowner, and the foreclosure cancelled, just afore the courthouse auction.
Say you adjudge to jump in and ' play the PRE-foreclosure game ' . We ' d acclaim you subscribe to the Atlanta Foreclosure Address at www.equisystems.com/default.htm (about $600/yr and we don ' t accept any agency for advising them), and get the account account online. Also, accede accomplishing a lot of bold, cut through the ataxia mailings to the pre-foreclosures you ' re considering, to get their absorption and accept them alarm you. Remember, their mailbox and answering apparatus is abounding with debt accumulating stuff. You charge to angle out, and hit them often. You ability wish to mail a altered neon postcard or chapped mail (trash can, stick of dynamite, handcuffs, etc.) *every few days*, until they ' ve developed to like you or are analytical abundant to alarm you.
If you accept to skip pre-foreclosure and infact buy foreclosures at the courthouse steps-then you ' re ambidextrous with the foreclosing advocate and the lender, not the homeowner. The better things to accumulate in apperception is you ' re accepted to pay all banknote by the END of the bargain day; you ' ll accept to run your own appellation assay in advance; and you ' ll apparently accept to assumption what action of home autogenous is back homeowner may not accept let you inside. Addition advantage is to buy the note/mortgage for banknote at a abysmal discount, absolute from the lender, above-mentioned to the courthouse auction. You don ' t accept to accord with the homeowner that way, but you do accept to accept admission to funds, and you will still accept to do your own foreclosure afterwards you buy the mortgage.
Best of success & abundance,
Lou Castillo
About The Author
Lou Castillo
FREE! Absolute Acreage Advance Secrets To Earning $100,000 Your 1st Year! -- 11 Disregarded Absolute Acreage Statregies That Will About-face Your Advance Business upside Down And On The Fast Clue TO Success...Guranteed! Additional A Benefit Clue With A Abstruse So Acknowledged It Can Bifold Your Advance Assets Overnight!
http://www.InvestorSuccessTactics.com
josh@joeandlou.com
This commodity was acquaint on September 07, 2005
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Tags: advance, absolute, acreage, lender, auction, homeowner, foreclosure, foreclosures
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