Pre-foreclosure outreach means reaching homeowners who have fallen behind on their mortgage, after a notice of default but before the auction, and buying their property before they lose it, then profiting by reselling or renting it.
Log in to followFinished this one 11 days ago and I want to write down what actually happened while I still remember the order of it. House: 1,320 square foot three bed on a slab, 1991, inner rin…
Third call this month where the owner clearly did not know their servicer had a loss mitigation department. One of them had roughly 11k of arrears against something like 140k of e…
I do renovation work and I'm trying to understand the pre-foreclosure side properly before I chase any of it. The part I can't get past: the whole pitch is that the owner is about…
Twelve acres with a tired 1960s ranch on it, notice of default recorded, first mortgage payoff 214k. As-is the whole thing is maybe 235k in that market, so on as-is numbers it's a…