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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: Americans believe real estate, gold are the best long-term investments. They're wrong, advisors say CNBC Rennie lays off 31 employees from real estate firm, cites ‘changing market’ Business in Vancouver Don’t Trust Your Landlord? Here’s How You Can Find More Information. The New York Times A 24-year-old learned about real estate investing on TikTok. Now he plans to convert a $2 million motel into apartments. Business Insider Private real estate sees ‘bifurcation’ in compensation growth Private Equity Real Estate | PERE Here’s a snapshot of the area commercial real estate market in April Baton Rouge Business Report Senior Living More Tariff-Resistant Than Other Real Estate, Immigration Remains Big Issue Senior Housing News OT Real Estate Spotlight of the Week: 4295 Saddlebrooke Trail The Owensboro Times Homes for Sale in New York and New Jersey The New York Times Montgomery County and MCB Real Estate Partner on First-Ever Tax Increment Funding to Support $2.8 Billion Investment in East County Montgomery County (.gov) Who's buying up Quincy real estate? What one buyer has spent $78 million in last 5 years The Patriot Ledger European real estate somewhat shielded from tariff chaos Institutional Real Estate, Inc. Real estate’s winners and losers of the state budget The Real Deal Real estate sales in Peoria, Tazewell and Woodford counties for May 10, 2025 Peoria Journal Star Bray Real Estate releases its April 2025 numbers KKCO 11 News Grant Cardone Shares The 4 Greatest Opportunities For Real Estate Investors: 'Lower Rates Coming' Yahoo Finance Athens Riviera Set To Lead Europe’s Prime Real Estate Boom With Ultra-Luxury Demand In 2025 Travel And Tour World Trump’s Migrant Crackdown Adds to Miami’s Real Estate Woes Insurance Journal Westmoreland County Real Estate Transfers The Latrobe Bulletin Homes.com aims to one-up Zillow with listings ‘boost’ Real Estate News by RealEstateNews.com Sherley Real Estate, LLC - Ad from 2025-05-10 The Independent Record EG Real Estate: 7 New Listings & 5 Sold East Greenwich News Here are businesses on the move in Marin, Sonoma, Napa and Mendocino counties The North Bay Business Journal llinois bill looks to enshrine Clear Cooperation in state law housingwire.com Global Surge in Data Infrastructure Demand Reshapes Real Estate Landscape, Cushman & Wakefield Reports Boston Real Estate Times Property transfers: Marion County sales range from $4K to $595K The Marion Star What’s next for StepStone after its record real estate fundraise? Secondaries Investor Tributes – part III: Giving credit where credit is due Institutional Real Estate, Inc. Turbulent times: A mixed picture in European real estate reveals signs of a changing market Institutional Real Estate, Inc. ‘Wildly Inappropriate Behavior’: Real Estate Group Is Accused of Cover-ups The New York Times How’s the Market? AI and real estate The Ukiah Daily Journal Thriving in change: The value of a Realtor and top association Real Estate News by RealEstateNews.com People: Mark Nowaczewski, Sakara Ferebee join Street Commercial Real Estate Northern Nevada Business Weekly JLL announces senior leadership appointments Boston Real Estate Times TIM SCOTT REAL ESTATE - 82410 Caledonian Record When markets speak louder than politics: Real estate in an uncertain economy Rochester Business Journal NextGen Realty Opens Worcester Office to Meet Growing Demand for Central Massachusetts Housing Boston Real Estate Times Alexander Brothers Face More Sex Crimes, Including Against Underage Girl The New York Times Number crunching: How have top-down and bottom-up allocation strategies influenced real estate investment and performance during the past 40-odd years? Institutional Real Estate, Inc. Boston real estate firm expands into Worcester, opens Downtown office Worcester Business Journal Israeli veteran's Cincinnati real estate empire collapses amid fraud allegations - WCPO 9 Cincinnati Form 253G2 Roots Real Estate Invest StreetInsider AIM Media Texas Plans to Sell Real Estate Property to UTRGV Texas Border Business Gold tops stocks as second-favorite long-term investment, real estate still no. 1 - Gallup poll Seeking Alpha Sprinkman Real Estate Announces Expansion to Meet Rising Demand in Madison Housing Market openPR.com Shelter Island Reporter Real Estate Transfers: May 9, 2025 Shelter Island Reporter Suspect in Houston-area real estate agent's Downtown Dallas killing denied bond reduction FOX 4 News Dallas-Fort Worth Southside regional real estate forum showcased highlights and challenges of growth Chatham Star-Tribune See how the real estate market fared in New Caney, Porter in April Community Impact Residential urban inventories rise 22% in Jackson County, real estate data show - Rogue Valley Times Welcome to Real Estate Friday! The Berkshire Edge 2 Northwest Arkansas commercial real estate companies merge Talk Business & Politics Real estate transfers: 5/7 Toledo Blade A real-estate giant wants sellers to list their homes privately. Will homeowners benefit? MarketWatch LOCAL REAL ESTATE TODAY 5.9.25 KQEN News Radio Pope Leo XIV’s boyhood home in Dolton was on the market until Thursday. What comes next for the house remains to be seen. Chicago Tribune Real estate news: Beckman Coulter campus in Brea up for sale ‘as-is’ Orange County Register JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE Bluefield Daily Telegraph Norway’s sovereign wealth fund appoints Knapp as global real estate head Private Equity Real Estate | PERE |
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