Contact a real estate agent who can get a list from a title company of delinquent properties. You can drive by and look at the neighborhood, outside of the house, location to schools, shopping, etc. Make your selections and have the agent contact the owners to see if they are willing to sell rather than be foreclosed on.
This is work for the agent but he/she should be willing to do this or you need a different agent. Itâ€™s the aggressive agent who is finding houses for his/her clients.
You can go to the county recorderâ€™s office in your county of interest and look up Notice of Default by date and print out or simply write it out on a pad. Go meet the owner, tell you are trying to buy a home and have they considered selling? Then get your agent involved with those that gave you a positive response.
These are two variations of the same theme. Also, remember these owners are being bombarded with letters from attorneys, real estate agents, foreclosure â€œspecialistsâ€, etc. Tell the owner your story you are looking to buy for your home â€“ not to flip it. Talk about your family, be sincere and listen to their story. They all have one. Plan on talking to 50 homeowners before you get a deal.
What you are trying to do is get a home with limited or no competition.
You should also get pre-qualified with a reputable lender so you know your price range and monthly budge, and so you can move quickly when you find your house. You can also use your pre-qualification letter to impress the lender that you are a good candidate for the purchase.
Senior VA FHA Loan Specialist