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Buying Foreclosures - Knowing Why Helps You Buy
One big potential deal-killer in buying foreclosures is the homeowner. If the homeowner does not trust you, buying their home (even at a foreclosure auction) can become a greater challenge. To prevent this setback, you need to build trust with the owner -- and building trust requires you understand where they are coming from. People don't stop paying their mortgage because they don't want to pay, but rather because of factors that afflict everyone at some point in time. Knowing why the owner is losing their home can help you connect with them and gain their trust. Three Main Reasons People Lose Their Homes Armed with this understanding, you will be much more likely to gain the trust of the homeowner when you meet them, than going into the meeting blind. ABOUT THE AUTHOR: George Roddy, Sr, owner of Foreclosure Listing Service, Inc., has provided timely, accurate, useful data regarding foreclosure real estate in Texas since 1964. Learn about their "How to Buy" workshops at their Foreclosure Listing website.
MORE RESOURCES: There’s a Real Estate Agent on My Condo Board. Isn’t That a Bad Idea? The New York Times More bad news for home buyers: Real-estate investors are seizing an opening and ramping up purchases MarketWatch Real estate investors position for Burnham Yard transformation as Broncos stadium plans advance 9News NYC election fears drive $100M+ Florida real estate surge as 'nervous' New Yorkers flee south Fox Business Mamdani Won. South Florida Expects a Real Estate Bump. The New York Times Real estate transfers in Adams County from Oct. 27-31, 2025 Muddy River News OT Real Estate Spotlight of the Week: 9945 KY 951 The Owensboro Times M&As at C21, Coldwell Banker, REMAX RealEstateNews.com What the Dodgers’ 11th-inning triumph teaches us about real estate Orange County Register How NYC Election Could Shift Hamptons, Palm Beach Demand Behind The Hedges What Starbucks, TikTok and Taco Bell can teach us about marketing Inman Real Estate News Real estate transfers in Brown County from Oct. 1-31, 2025 Muddy River News A scary Halloween for SF home buyers The San Francisco Standard Real estate sales in Peoria, Tazewell and Woodford counties for Nov. 9, 2025 Peoria Journal Star 'Mamdani migration': Real estate agents see surge of New Yorkers relocating to Florida after election Scripps News Dodge County Real Estate Transfers Fremont Tribune The Best Digital Tools for Commercial Real Estate Sourcing San Mateo Daily Journal Real Estate Newsletter Articles this Week Calculated Risk Real Estate 101: Time is money? The Rome News-Tribune These cities still favor buyers as home sales, prices rise in metro Phoenix azcentral.com and The Arizona Republic Agent Spotlight: Tory Owen The Grand Junction Daily Sentinel What's the most expensive property sold in Rhode Island? Nov. 7 real estate transactions. The Providence Journal DFW Tops U.S. Real Estate Again: #1 Market To Watch In 2026 Dallas Express From Carrie Bradshaw to crypto kings: West Village enters a new, record-setting era of glamour Fox Business See how much homes prices rose in Fond du Lac County recently fdlreporter.com Avian Real Estate and the Importance of Habitat Bucks County Herald newspaper Doylestown Mill-Turned-Home Heads to Auction After Two Years on the Market PHILADELPHIA.Today News Flash • Real Estate Tax Installment #1 Due Nov. 17 City of Lynchburg, VA (.gov) See inside Erie home with 18 rooms, game room, gazebo and study available for $590,000 Erie Times-News Real Estate Expert Denise Abmont of Eagle Shares Tips for Relocating to Another State in HelloNation GlobeNewswire Real Estate Transfers: Nov. 6, 2025 The Suffolk Times Florida Housing Market Predictions for the Next 12 Months Norada Real Estate Investments Traditional Bath Colonial that checks all the boxes sells for $930K. See inside. Akron Beacon Journal Zombie Foreclosures Decline Nationwide Amidst Peak Housing Demand Norada Real Estate Investments Here are recent property transfers up to $715,000 Saint Albans Messenger See how much homes prices fell in Calhoun County recently Battle Creek Enquirer Learning in Real Time: Experts Share Their Forecasts for Real Estate in ’25, ’26, and ’27 Urban Land Magazine Jolly Roger on Ocracoke Island to be rebuilt by late spring Island Free Press U.S. Mortgage Rates Rise Again, Freddie Mac Reports 30-Year Fixed at 6.22% Norada Real Estate Investments How Buyers Can Lock In a Sub-1% Mortgage Rate in 2025 Norada Real Estate Investments Serbian bill enables Trump’s son-in-law’s real estate venture European Interest RLA Global 2025 Mid-year Wellness Real Estate Report Hospitality Net U.S. Commercial Mortgage Origination Volumes Mixed in Q1 The World Property Journal Center for Demographics and Policy Moves to Argyros College and Hayden School of Real Estate Chapman Newsroom Westmoreland County Real Estate Transfers The Latrobe Bulletin GJARA: Colorado's Housing Wars The Grand Junction Daily Sentinel Berkshire County Real Estate Transactions for Oct. 20-24 The Berkshire Eagle Housing Market 2025 Splits Between Wealthy Buyers and First-Timers Norada Real Estate Investments Election Results Include Wins for Real Estate National Association of REALTORS® News Corp Revenue Rises on Dow Jones, Digital Real Estate Results The Wall Street Journal Welcome to Real Estate Friday! The Berkshire Edge How the Trump Administration Is Giving Even More Tax Breaks to the Wealthy The New York Times Stewart Strengthens Real Estate Services Portfolio by Announcing its Intent to Acquire Mortgage Contracting Services (MCS) Business Wire Real Estate Firm The Agency Opens New Office in Old Bellevue Downtown Bellevue Network EG Real Estate: 6 New Listings in the 2M+ Range East Greenwich News Real estate news: 7 apartments in Anaheim fetch $3.2 million Orange County Register Real Estate Transactions for Nov. 9-10 nashuatelegraph.com Today’s Mortgage Rates November 8: 30-Year Fixed at 6.15%, 15-Year FRM at 5.57% Norada Real Estate Investments |
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