Foreclosure in Atlanta>Question Details

Wallace, Both Buyer and Seller in 30024

how do I loacte prefoclosures. I'm mainly looking for condos.

Asked by Wallace, 30024 Tue Dec 16, 2008

Help the community by answering this question:


You are in Suwannee, right?

Where exactly are you looking?

The best way to identify pre-foreclosures is to ask yourself very specific questions about criteria, as specific as the exact building and the exact property that interests you. Then...

Begin a campaign that places you ahead of the failures in that building - that does not mean stick an ugly yellow sign with an 800 number at the entry to the garage that asks desparate people to call your 800# with a pre-recorded message stating that you buy condos for cash.

The power of a good business person is in the authenticity of their stories. Direct, impactful human contact will get you leads.

You could always try robo-calling 10,000 phone numbers if you disagree with the authenticity of my premise.

A frequent marketing AND prospecting campaign that reaches out to those who may need you is the way to go. That starts with a business plan, specific criteria and terms that are sensible and attractive.

You can buy broad access to pre-foreclosure data, but the best investors choose a hyperlocal target market.

For that matter, the best long term investors don't buy condos.

If you buy an under market condo right now, then you are a speculator.

We have years and years worth of new and resale condo inventory, and a lack of demand.

Wallace, get your real estate on.

Once you've defined the criteria and the terms, your network is crucial.

I don't know about you, but your network for condos probably doesn't have a lot of depth in Suwanee.
0 votes Thank Flag Link Wed Dec 24, 2008
There is a Search on my website that will allow you to look at Preforeclosures, Auction, and Bank Owned. Feel free to browse.There is a big blue bar on my homepage that you will need to click on.
0 votes Thank Flag Link Tue Dec 16, 2008
Hi Wallace,

There are a couple of ways to located them:

1. Through a real estate agent
2. From your local title company
3. From the county records department

You will have mix of single family and condo's.

Good Luck
Cindy Korstad ~ Broker
Keller Williams
Portland, Oregon
0 votes Thank Flag Link Tue Dec 16, 2008
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