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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: This Real-Estate CEO Is Waging War on Zillow The Wall Street Journal This real estate company trapped nearly 700 Oregon families in 40-year contracts that even affected their chi OregonLive.com Real Estate Transfers: Oct. 31, 2025 The Bedford Citizen The Trump Organization eyes real estate deal in Saudi government development: Report Middle East Eye Amplify your brand with a real estate podcast Inman Real Estate News Real Estate Lowenstein Sandler LLP Iconic coastal gem in Little Compton sells for over $1M: Weekly home sales Fall River Herald News NAR CEO on the ‘very heavy lift’ of leading through a turnaround RealEstateNews.com Trump Project in Maldives Opens More Doors for Cryptocurrency Investors The New York Times Decay, Abandonment, and . . . Profits? An Unlikely Combination in Real Estate Markets Federal Reserve Bank of Philadelphia C-I Nov. 18, 2025, Real Estate Transfers pmg-sc.com MCB Real Estate owns these other Station North arts district properties Baltimore Fishbowl Texas Economic Outlook | November 2025 Texas Real Estate Research Center Risk mitigation, local control drive MLS Handbook revisions RealEstateNews.com NAR in 2026: A new plan, new leaders, fewer members RealEstateNews.com Martin Selig Real Estate secures lease renewal with state agency The Business Journals Membership Rules Are Changing for Real Estate Agents. What It Means for the Housing Industry. Barron's 41 years, 8 lessons, 1 truth about real estate that never changes Inman Real Estate News Columbia County Real Estate: Six residential sales in past two weeks Magnolia Reporter Real estate transfers Findlay News | The Courier Kim Primus, GRI, Demonstrates Distinction in Real Estate 24-7 Press Release Newswire Real Estate Transfers: November 17, 2025 The Owensboro Times Sustainability meets investment at these Mexican real estate projects Mexico News Daily Adaptive Reuse of Vacant Real Estate for Data Centers: Investor Takeaways from the Cboe Headquarters Flip Morgan Lewis State's real estate market continues to grow while others start to slow down Jackson Hole News&Guide CALV Presents December Classes for Local Real Estate Pros Nevada Business Magazine Engineering ESG: Cortland’s Sustainable Real Estate Leader Sustainability Magazine The National Observer: Government reopening doesn't mean things are back to normal The Business Journals 442K-sf Commons at Willowbrook sold Texas Real Estate Research Center John R. Wood Christie’s International Real Estate expands, pushes presence with new website South Florida Agent Magazine 90K-sf World Cup Plaza shopping center sold Texas Real Estate Research Center REAL ESTATE BRIEFS | Resale News | Homes Las Vegas Review-Journal Column: Be prepared for 2025 Fairfield County real estate revaluations Westfair Communications 900K sf of Harwood District office space sold Texas Real Estate Research Center 540-acre Viera master-planned community breaks ground Texas Real Estate Research Center Rice University’s $120M Gateway Project in the works Texas Real Estate Research Center 110 homes sold across Denton, other October local real estate data Community Impact | News Risk Spikes For Billions In Real Estate Investments As Federal Climate Funding Is Clawed Back Bisnow Real estate committee approves minutes, receives Ryze tax-incentive notice and votes to go into closed session Citizen Portal AI Notable Leaders in Commercial Real Estate: Matt Judson BizTimes - Milwaukee Business News MacDonald Highlands mansion tops October sales at $13.4M | Real Estate Millions | Business Las Vegas Review-Journal SVN | J. Beard Real Estate Facilitates Off-Market Sale of Vacant Quick Service Restaurant Property in Tomball, TX Woodlands Online Christie’s Brings in Ed Bruehl to Power Its Hamptons Expansion Behind The Hedges Engineering ESG: Cortland’s Sustainable Real Estate Leader Sustainability Magazine Clover Capital Partners acquires The Woodlands of Plano Institutional Real Estate, Inc. Real estate mogul Peters, wife fight to halt auction of Pecos-area fly fishing ranch Santa Fe New Mexican UK ESG Real Estate Update - Winter 2025 www.hoganlovells.com East Cobb residential real estate sales, Nov. 3-7, 2025 East Cobb News A Gilded Age Mansion in Newport Is on the Market for $28.5 Million Galerie Magazine Indiana Borough Council plans to advertise budget that holds the line on real estate tax Indiana Gazette Online Real estate giant acquires major Birmingham developer The Business Journals Fallout over Fed policymakers' investments reshaping the board Inman Real Estate News Real estate transactions sungazette.com Notable Leaders in Commercial Real Estate: Alexandra Appenzeller BizTimes - Milwaukee Business News TRON and RealOpen Launch $50,000 Holiday Campaign to Power Luxury Real Estate Purchases With USDT on TRON Bitcoin.com News Notable Leaders in Commercial Real Estate: Matt Hunter BizTimes - Milwaukee Business News |
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