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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: Accused real estate broker comes home to enter plea on $11M embezzlement and theft charges The Patriot Ledger Real Estate Transfers: Oct. 17, 2025 The Bedford Citizen FEMA buyouts vs. risky real estate: New maps reveal post-flood migration patterns across the US The Conversation Diane Keaton’s Legacy as a House Renovator and Flipper The New York Times Livingston Parish is having a real estate moment Baton Rouge Business Report Brokerage M&As are picking up — but culture is still key RealEstateNews.com DOJ accuses real estate executives of fraud in homeless funding Los Angeles Times How a gov’t shutdown impacts D.C. real estate market Washington Blade 25 Most Expensive Real Estate Transfers in Williamson Co. Sept. 22 Williamson Source 7 hidden mistakes agents are making (and what to do instead) Inman Real Estate News NJ TRANSIT NJ Transit Berks County real estate transactions for Oct. 19 Reading Eagle Here's How You Can Earn $100 In Passive Income By Investing In Alexandria Real Estate Equities Stock Yahoo Finance AI Is Rewriting the Rules of Real Estate SEO | Florida Realtors New Mexico: Sunland Park sale closed. $301M deal includes real estate leaseback with GLPI CDC Gaming Feds accuse real estate execs of defrauding program meant to address LA homelessness FOX 11 Los Angeles Why we’re picking up the pen Santa Fe New Mexican 2 LA County real estate developers charged in multimillion-dollar fraud cases involving funds earmarked for homeless housing ABC7 Los Angeles How Pacer Industrial Real Estate Etf (INDS) Affects Rotational Strategy Timing news.stocktradersdaily.com Vail Valley real estate sales volume soars in September VailDaily.com Industrial complex north of Denver secures $99.3 million refinancing The Business Journals Seeking Alpha Quant picks in S&P 500 real estate sector as earnings season picks up steam (XLRE:NYSEARCA) Seeking Alpha Assessing Empire State Realty OP (ESBA) Valuation as Shares Trade Near Multi-Year Lows simplywall.st The Michael Houck Real Estate Guide for October 19th Oil City News How Three Real-Estate Moguls Ended the War in Gaza The Free Press Fathom acquires Colorado indie; HomeSmart debuts a new look RealEstateNews.com Florida Real Estate: Investors Tap Into Booming Rentals for $2,500+ Monthly Income Norada Real Estate Investments New Fund Bets on Sports Teams and the Real Estate Play Behind Teams Institutional Investor Sunland Park Racetrack & Casino sale done. $301M deal includes real estate leaseback - El Paso Times OT Real Estate Spotlight of the Week: 2205 Turnbury Cove The Owensboro Times Will Walker & Dunlop's (WD) London Expansion Shift Its Edge in European Real Estate Finance? simplywall.st Wellness Trend Driving Real Estate Price Premiums National Association of REALTORS® Government shutdown may stall the economies of 5 states, with real estate markets being hit hardest New York Post Dodge County Real Estate Transfers Fremont Tribune Page C1 Post and Courier Will Highwoods Properties’ (HIW) Limited AI Market Exposure Shape Its Competitive Position in Office Real Estate? simplywall.st 'A statement of intent': Howard Hanna mounts its flag in Manhattan Pittsburgh Post-Gazette Will Agree Realty's (ADC) Dividend Hike Reveal the Strength of Its Shareholder Strategy? simplywall.st Real estate news: Intergenerational housing for seniors, young adults coming to Santa Ana Orange County Register Key facts: MANTRA and EleveX launch tokenized real estate project; OMUSD roadmap updated TradingView Arman Gabay Real Estate Scholarship Unveils New Initiative for Undergraduate Innovators Yahoo Finance See photos of biggest Palm Beach real estate sales that closed in the 2025 off-season Palm Beach Daily News Is Brixmor Property Group’s (BRX) Management Succession Plan Built to Withstand Unexpected Executive Changes? simplywall.st EG Real Estate: 7 New Listings & 3 Sold East Greenwich News Los Angeles Housing Market Booms With Double-Digit Sales Growth Norada Real Estate Investments Government Shutdown Threatens Real-Estate-Heavy State Economies themortgagepoint.com Nasdaq-listed real estate firm Caliber boosts Chainlink treasury holdings with $2 million purchase theblock.co Commentary: Legislature’s real-estate policy changes help Floridians Orlando Sentinel Agent Spotlight: Josh Worth The Grand Junction Daily Sentinel Richmond owed $32 million in unpaid real estate taxes, neighbors suffer the neglect - WRIC ABC 8News Real estate sales in Peoria, Tazewell and Woodford counties for October 18, 2025 Peoria Journal Star Centurion American kicks off $6 billion Preston Harbor project The Business Journals Los Angeles Housing Market: Forecast and Trends 2025-2026 Norada Real Estate Investments Opinion: Crypto hype is affecting everything from real estate to Treasurys. Here’s how to play it. MarketWatch Inside Zillow’s ChatGPT integration (and what it means for real estate) Inman Real Estate News Real Estate Transactions, Oct. 6 edition Hopkinton Independent JLL Secures $1.2 Billion Refinancing for Dallas’ NorthPark Center Boston Real Estate Times |
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