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Short Sales Pre Foreclosure Article
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Pre Foreclosure Telephone Tips From The Pros
from:Investors and buyers that are experienced in buying houses and properties on short sales all have a wide variety of pre foreclosure telephone tips that they use to get the homeowner's attention and get them interesting in working with the investor. If you don't use the pre foreclosure telephone tips you may still find a homeowner that wants to sell to you, but using these tips will greatly increase your chances.
The key to keep in mind when using the pre foreclosure telephone tips provided below is to be genuine and considerate of the difficult situation that the homeowner is currently in. Tone of voice and ability to relate to the owner is almost as important as the words that you use, and this is one of the most critical of the pre foreclosure telephone tips provided by successful investors.
Other equally important pre foreclosure telephone tips include:
• Avoid calling homeowners at specific times such as during meals, immediately after work when people are trying to relax, early in the morning when families are all busy getting off to school and work or late in the evenings. Consider the best time to be between 7-9 pm or in the afternoons on the weekends or holidays.
• If you get an answering machine leave a message, don't just hang up. Most people will have caller ID and will assume you are either a salesperson or some type of debt call, so just plan to leave a simple message that includes who you are, what you want to talk about and how the owner can contact you.
• If you are calling the bank or lender be sure to have a detailed plan of how you wish to handle the short sale and what you are prepared to offer. Be sure you know what points you want to go over with the bank official, pre foreclosure or mortgage officer and be prepared to ask for a face to face meeting to work out the details.
• Be open and honest with the homeowner. If you are an investor, detail your experience in helping out homeowners in buying their homes while in foreclosure. If the homeowner knows you have experience, they will likely be more comfortable with the process.
• Always leave the homeowner with contact information. This helps the homeowner feel comfortable that they are working with a real person, not some heartless and distance investment company.
• You may not want to start out the discussion with the price you want to pay for the home. Finding out about the owner's anticipated or desired price, getting an opportunity to see the interior of the house and find out the particulars of the owner's financial position are all important before providing a number.
Following a few simple pre foreclosure telephone tips from investors can make your cold call list much less challenging plus you will find out you are able to communicate and connect better with homeowners.
Short Sales Pre Foreclosure News
Speeding Up Short Sales - New York Times
 New York Times | Speeding Up Short Sales New York Times Fannie and Freddie must also respond to initial requests for a short sale within 30 days of receiving the buyer's submission. “Short sales are huge right now,” said Peter Spino, the foreclosure services manager for Community Housing Innovators in White ... Mortgage rates hit 4th straight record low US 30-year mortgages hit record low |
Foreclosures down, short sales up. Are banks getting smart? - Christian Science Monitor
 CBS News | Foreclosures down, short sales up. Are banks getting smart? Christian Science Monitor Short sales began outpacing foreclosures in some states late last year. Six states saw more preforeclosure sales – typically, short sales – than foreclosures in the fourth quarter, according to RealtyTrac, an online marketplace for foreclosure ... Foreclosures reach lowest level since 2007 Orlando foreclosure activity down from March to April Short Sales Could Outnumber REOs in Some States: RealtyTrac |
Scottsdale, Arizona Short Sale Realtor / Specialist - RealEstateRama (press release)
Scottsdale, Arizona Short Sale Realtor / Specialist RealEstateRama (press release) Foreclosure is not one of them. If you are unable to make your mortgage payment, we need to get you into a loan modification program, or we need to short sale your home. A foreclosure only occurs when the homeowner gives up and leaves the property ... Letter: Some law firms refuse settlements that can avoid foreclosure |
Impact 5: New home sales rising - WPTV
 WPTV | Impact 5: New home sales rising WPTV As part of our Impact 5 initiative on the housing crisis, NewsChannel 5 wanted to find out who's buying new homes in a housing market filled with foreclosures and short sales, and if this is a sign of more good news to come. Home builder GL Homes hopes ... |
Heller bill aims to streamline short sales - Las Vegas Review - Journal
 Las Vegas Sun | Heller bill aims to streamline short sales Las Vegas Review - Journal A short sale is when a lender agrees to sell a house for less than what a borrower owes on a mortgage. For homeowners, it's seen as a simpler and less credit-damaging alternative to foreclosures, and experts see short sales outpacing foreclosures this ... Heller touts bill to speed up short sales |