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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: A ‘Shark Tank’ Star on Losing Her Home in the L.A. Fires The New York Times B.C. dad's estate missing millions from real estate, stocks, Swiss accounts: Lawsuit - Vancouver Sun Trump's war on ‘wokeness’ could impact housing and real estate Real Estate News New lawsuit sweeps up 8 brokerages and MLSs Real Estate News Metairie-based+commercial+real+estate+firm+expands+into+residential+market New Orleans CityBusiness Refined Real Estate: Medina estate on Evergreen Point lists for $27,777,000 seattlerefined.com Recent real estate transactions 1/28/25 BizTimes Milwaukee REAL ESTATE BRIEFS JAN. 25 Las Vegas Business Press Northeast Indiana Real Estate Guide Oct/Nov 2024 KPCnews.com Global Commercial Real Estate Brand SVN® Appoints John Bunch as Industrial Product Council Co-Chair citybiz FCT Acquires Majority Interest in Fintracker to Modernize Identity Verification in the Canadian Real Estate Industry Business Wire Covid’s effect and impact on real estate, then and now The Mid Island Times I started having boozy brunches when I moved to Dubai. I drink less now — I'm fitter and better at my job but still have fun. Business Insider Remembering Norine Shima-Fojt, editor and real estate agent who loved and fought fiercely Berkeleyside Blue Zones Certification Boosts Real Estate Values Miami's Community Newspapers Midtown South Rezoning Begins Public Review - Real Estate - United States Mondaq News Alerts Real Estate Update: December Figures Show Uptick At End Of Sluggish Year Huntsville Business Journal BPDA Approves Six New Development Projects in Boston Boston Real Estate Times Calare Properties Announces Promotions of Four, Expands Executive Team Boston Real Estate Times Radio Real Estate 1/25/25 My Bellingham Now News | Real estate investment firm expands workforce housing portfolio with Chicago acquisition CoStar Group NRO: This Real Estate Fund Is Worth Considering, But Don't Ignore The Risks (NYSE:NRO) Seeking Alpha Is Julia Fox Getting Into New Jersey Real Estate? Realtors Fall for Fake Billboard Hollywood Reporter BBJ: Skanska Details First Phase of Longwood labs, Residential Project Boston Real Estate Times EquityProtect Partners With Pacific Coast Title to Offer California Wildfire Victims Free Protection From Real Estate Fraud Business Wire New year, same story for warehouse owners as industrial market tightens Crain's Chicago Business Real estate market in uncharted territory The Anna Maria Island Sun Newspaper Northeast Indiana Real Estate Guide 2025 KPCnews.com Best Real Estate Deals of 2024: Announcing this year's honorees Philadelphia Business Journal R.W. Holmes Secures 46,815 SF in Lease Renewals in Billerica Boston Real Estate Times Northeast Indiana Real Estate Guide 2024-2025 KPCnews.com Real Estate Transfers (January 20-24) Times Bulletin Island Real Estate: Hatteras Island home sales and trends for January Island Free Press Real Estate Expert Dominique Pryor-Anderson Tapped to Lead Community Investment at TREC CandysDirt.com Investor looks to cash out of big block of units at luxury Skokie development Crain's Chicago Business Aging Homeowners: How Does the New Generation Perceive Real Estate? Rockland County Times Gibson, Dunn & Crutcher’s Krystyna Blakeslee: Insights on 2025 Commercial Real Estate Financing Commercial Observer Another Real Estate Agent Charged with Price Gouging MyNewsLA.com Check out NYREJ's Semi-Annual Commercial Real Estate Guide! New York Real Estate Journal Online What 2025 means for East Bay real estate East Bay Express Taurus enters Twin Cities with 16-property acquisition Minneapolis / St. Paul Business Journal Doorify MLS and CMAsnap Announce Strategic Partnership to Bring New Real Estate Pricing Technology Into Their Platform. Victoria Advocate South Bay office building flops into default as market woes widen The Mercury News Hirsch Bedner Associates — South Florida and Miami Real Estate News, Media and Lifestyle PROFILE Miami Top real estate CEO says California is now battling a ‘triple threat’ no one has seen before Fortune Attorney General Bonta Files Charges Against a Southern California Real Estate Agent for Price Gouging Eaton Fire Victims California Department of Justice How to Invest in Luxury Real Estate Benzinga |
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