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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: Compass completes its acquisition of Anywhere Real Estate RealEstateNews.com Exclusive | Real-Estate Brokerages Avoided Merger Investigation After Justice Department Rift The Wall Street Journal Exclusive | Opulent Long Island estate with ties to a billionaire former Brooks Brothers executive asks $10.75M New York Post These CT towns, cities were the hottest real estate markets in 2025, Berkshire Hathaway data shows CT Insider COMMENTARY: Midland’s Real Estate Market Report - 2025 Review Midland Daily News Economists react to Trump’s corporate home purchase ban RealEstateNews.com How Donald Trump uses real estate to reimagine Israel-Syria border The Jerusalem Post Docs Offer Inside Peek At Compass' War Against "Organized Real Estate" Inman Real Estate News Compass, Anywhere Merger Creates Real Estate Giant. How Browsing Home Listings Is About to Change. Barron's BMO Healthcare Real Estate Provides Acquisition Financing for 156-Unit Seniors Housing Property in California REBusinessOnline EG Real Estate: 8 New Listings & 1 Sold Property East Greenwich News Real estate investor's home on North End of Palm Beach brings $15.94M Palm Beach Daily News Six for 2026: U.S. Real Estate Trends to Watch | US Cushman & Wakefield The deal is done: Compass and Anywhere have officially merged Inman Real Estate News The Pipeline: Commercial real estate roundup for 1.9.26 Richmond BizSense Americans are changing where they're moving. Here's how that could affect commercial real estate CNBC ‘What’s the worst-case scenario for the industry?’ 2 leaders answer ‘ask me anything’ questions Inman Real Estate News Welcome to Real Estate Friday! The Berkshire Edge Real estate experts: Ban on large investors buying homes would have minimal impact in Wichita - KWCH Current Real Estate Roundup - January 8, 2026 Nantucket Current Berkshire region real estate sales – January 9, 2026 The Berkshire Edge Real estate sales in Jefferson, Bullitt and Oldham counties for June 23-28, 2025 The Courier-Journal Manitowoc County property transfers reveal $755K sale on Jan. 2 Herald Times Reporter Leader Jones provides Californians with the REAL State of the State Senator Brian Jones (.gov) What Top Agents Actually Want From a Brokerage National Association of REALTORS® Largest Real Estate Names Spike On Merger Talk As Trump Rattles Market Investor's Business Daily San Bernardino County sets $155m real estate pacing for 2026 IPE Real Assets Bethany Nursing Home in Canton sold for $10.4M | Real estate transfers Canton Repository All-Cash Deals Dominated Manhattan’s Real Estate Market in 2025 The New York Times The Biggest Opportunity in Real Estate Since 2008 Entrepreneur BHS real estate course opens doors for students Bethpage Newsgram From Housing Investors To Homeowners: CTA Reporting Expands In 2026 - Real Estate - United States Mondaq Commercial real estate as an economic barometer The Journal Record Compass, Anywhere merger on track to close this week RealEstateNews.com Solano Real Estate Transactions: Jan. 9, 2026 Daily Republic Police keep pro-Palestinian protesters away from NYC synagogue as they chant, 'We support Hamas' Jewish Telegraphic Agency Solano Real Estate Scene: Do not bury your head in the sand Daily Republic BSP Raises $10B for Second Real Estate Opportunistic Debt Fund connectmoney.com Hines: Global real estate enters a period of stabilization and selective opportunity Institutional Real Estate, Inc. Arkansas Teachers expand real estate commitments Alternatives Watch Commercial real estate listings: 2303 Parkwood Ave. sells for $1 million Richmond Times-Dispatch Real estate expert weighs in on Trump’s housing pledge KLAS 8 News Now Houlihan Lawrence reports a strong real estate market in 2025 Westfair Communications Lincolnville's Odd Fellows Hall is on the market for $2.1 million St. Augustine Record Karina Bornacelli's perspective: experience and analysis to see a Miami market in full transformation IslanderNews.com Cleared for Takeoff: A New Flight Path for Real Estate - 2026 Global Investment Outlook IPE Reference Hub Podcast: Northmarq’s Toby Scrivner on why healthcare real estate is set to rebound in 2026 Northmarq 2026 Commercial Real Estate Trends J.P. Morgan Trump's proposed ban on institutional investors buying houses called 'Swiss Cheese' legislation Audacy Tampa industrial real estate included in multi-state acquisition Tampa Bay Business & Wealth Real Estate Agents Receive Special Offer Outlook Newspapers Lone Star acquires Coral Gables, Fla. office complex Institutional Real Estate, Inc. Real estate trends to watch in 2026 Sacramento Appraisal Blog EXCLUSIVE: Luxury Real Estate Agent Rochelle Maize Is 'The Queen of Beverly Flats'—Here's Why Realtor.com Plymouth County 2025 Real Estate Recap WATD 95.9 FM Cortez real estate firm joins ERA to expand technology and growth Front - The Journal Compass, Anywhere Real Estate avoided deal probe amid Justice Dept. rift - WSJ (COMP:NYSE) Seeking Alpha Houston had 2nd-highest share of luxury home sales in Texas in 2025 CultureMap Houston Fort Myers real estate agent reports man exposed himself during virtual meeting Gulf Coast News and Weather I’m 37 with invested $2 million in real estate and $8 million in investments – here’s how I got ahead of my peers Yahoo Finance |
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