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Pre Foreclosure Article
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Why Pay For Pre Foreclosure Lists?
from:There are hundreds if not thousands of free pre foreclosure lists, so why bother to pay for pre foreclosure lists that provide the same information? Believe it or not it may actually save you money to pay to belong to a website that allows you to view pre foreclosure lists, rather than to use the free sites. The following reasons are the key factors in why paid pre foreclosure lists are ideally suited to serious investors.
Time IS Money
In the investment and real estate world this is absolutely true. The time that it takes to browse through the hundreds of thousands of pre foreclosure lists on the internet is time that you could be spending contacting home owners, surveying areas and neighborhoods and putting together offers and information. The more serious of an investor you are the more critical time is when you are juggling multiple deals at the same time. Using free pre foreclosure lists may be cost saving money wise, but if you factor in your hourly rate you will definitely be losing money each minute you spend at your computer looking through lists that might not have one property of interest to you.
Research and Tracking
While most of the free lists will provide information on the physical address of the property, many don't include pictures, specific information on the property, comparable sales figures and even the homeowner and lender contact information. If you don't have this information, you will again need to take your own time or more likely hire someone else to do this research for you.
The Early Bird Gets The Worm
When pre foreclosure properties are put on lists, there is a huge interest in the property generated by those using the lists. The faster that you can contact the homeowner and the lender the faster you can present the bid on the property for the sale. If you can directly access all the information that you need on the paid site, you are far ahead of the group of investors that is trying to save a few dollars by doing the research on their own.
Finding Just What You Want
The paid pre foreclosure lists all offer the option of notifying you when a property matching your search criteria is placed on the list. This can help you in saving both time and energy as you can really fine tune the search criteria based on price, age of the home, market value, location and other specific criteria.
Avoid Junk Mail
Free sites are paid for by advertisers; so you will have to provide some type of email address to access the site. Once you do that you are giving permission for advertisers to contact you in exchange for the use of the free listings. Paid sites don't have this same need for income from advertisers, so you will typically avoid all the junk mail associated with using the free sites.
Pre Foreclosure Specific links
Foreclosure Prevention Guide
- You Can Save Your Home! Get Our Step By Step Guide And Stop Your Home From Foreclosure!
-- http://www.freeforeclosureprevention.googlepages.com/
Avoid-Stop Forclosure Now.
- Save your home.Avoid-Stop Foreclosure. 90% success rate. No equity or credit needed. Behind in mortgage or house payments, we can help. We do all the negotiating for you.
-- http://www.saveyourhome.tv/
Online Mortgage Loans
- Free guide to mortgage. Resource guides availabe for your to read.
-- http://www.mortgagejournal.org/
Home Loan Help
- Worried about foreclosure? Want to buy a home, but the tough economic times have you scared? Behind on mortgage payments? We've compiled a list of resources that will help you out.
-- http://www.homeloans911.com/
Amazing! See All Pre Foreclosure Here!
- We will show you the best websites related to Pre Foreclosure.
-- http://www.thetop10.com/
Pre Foreclosure News
Another Mayor In Pre-Foreclosure (FOX 12 Oregon)
Shane Bemis is the second local mayor in as many weeks to admit his home is in pre-foreclosure.
Read more...Gresham mayor trying to avoid foreclosure (KGW NewsChannel 8 Portland)
Gresham Mayor Shane Bemis faces a financial dilemma all too familiar to more and more homeowners. He faces foreclosure on his home in the Persimmon Country Club neighborhood.
Read more...Chandler neighbors feel foreclosure pain (East Valley Tribune)
Just a year ago, David Vega's north Chandler neighborhood was a friendly place where the longtime residents knew one another and held block parties.
Read more...David Fiderer: When "New Evidence on the Foreclosure Crisis" On The Journal's Op-Ed Page Is Really a Pretext to Impugn ... (The Huffington Post)
"What is really behind the mushrooming rate of mortgage foreclosures since 2007?" asked Professor Stan Liebowitz of the University of Texas, Dallas on the op-ed...
Read more...Gresham mayor finds buyer in time to avert foreclosure (Portland Tribune)
The wave of foreclosures hitting Oregon and the nation isn’t leaving anyone untouched – even Gresham Mayor Shane Bemis is facing the prospect of foreclosure on his home. In March, Bemis was issued a notice of default for a loan of $666,474 for his four-bedroom home at 4695 S.E. Deer ...
Read more...Pre-Foreclosed Homes Seldom A Carefree Bargain (WCCO Minneapolis - St. Paul)
With a turn of the key and a squeak of the door hinge, a potential homeowner's dream lies just beyond the threshold. For St. Paul realtor Teresa Boardman, there is a sense of mystery every time she enters another foreclosed home. She never knows what to expect.
Read more...Mesa homebuyers take advantage of bargains (East Valley Tribune)
Kathy Willis has lived in her east Mesa neighborhood long enough to be able to easily rattle off names of pretty much each family living on her street. Over the last couple of years, she's also witnessed some of them become foreclosure victims, their empty homes a reminder of the sign of the times.
Read more...Foreclosure Is Latest Challenge for Knicks' Curry (New York Times)
According to court documents, Eddy Curry is behind on $217,502 in payments on a $3.7 million mortgage, adding to a year of legal troubles, personal anguish and professional setbacks.
Read more...