Pre-Foreclosure Lists.

Rick O'Connor, SFR, GRI October 1, 2009 at 9:59am

Thanks everyone for your input! I trully appreciate it.

Linda Landry September 28, 2009 at 4:13pm

Hi Rick; in my area a Title company forwarded lists of first notice recepients. I worked about three weeks of lists and discontinued due to lack of response. However, my intital contact was by mail as there were no
telephone numbers listed. It would be feasible to go to properties in person and make contact if one had
the time/inclination to do so as we all know people suffer from inertia in times of distress. Pay for a list if
you absolutely have to but if you can obtain it without you will be steps ahead as often the property has
already been vacated as evidenced by return mail about 20 % of the time.

Angelica Molina September 25, 2009 at 5:43pm

Jsut my 2 cents here. Title rep is a good idea (for free that is) however by the time the title company send it out to you, you're the 5th or 6th on the list that will be attempting to get the listing. For instance here in CO, once NED is recorded, title company puts everything together, 3-4 counties at a time and send you pdf files with the info, by the time you get the list from them you're well behing compare to other agents. I like to be one- two steps ahead of the pack, I list a short sale listing and I always ask them if they know of someone with the same situation or may be in the same situation at a later time, most likely they do know someone, that particular someone knows someone... and so on.. (you get the idea)

have a great weeked.

Alain Thillois September 23, 2009 at 6:29am

I agree too, Title company can provide for free, and/or on property profile privided by Title Co.
Also, I have access to tax records through my local MLS and it shows the foreclosure stage as
preforeclosure with loan balance due, auction with date and for free anyway.

Eric Nguyen September 22, 2009 at 3:39am

Rick,
I agree with Vitaliy. Just contact your title rep. That person will be more than happy to provide you a list with all kind of search criteria for free. If you don't know who the title rep is, your escrow officer should be able to refer one to you.

Good luck.

Kyle Whissel September 21, 2009 at 8:04am

The company we obtain these 30-60 day late list from can be found at:

www.MailingList.org

I hope this helps. Feel free to grill me with any short sale questions you may have.

Brigitte Jones > Kyle Whissel September 23, 2009 at 5:04am

Kyle - what is your take rate on the 30-60 day lists? Do you mail out more than one piece? Thanks
- Kyle Whissel > Brigitte Jones September 23, 2009 at 3:27pm
  
  We do a 5 hit campaign that includes a yellow letter, newspaper tear sheet, sales letter, from the desk of note and a phone call. It ends up costing about $1 per piece per person. We typically sign 1 listing or loan mod per 200 names we market to.
  
  Expense = $4000
  Income = $28,000 (assuming two loan mods at $3500/ea and three kistings at $7,000/ea)
  Net Profit = $24,000
  
  By hitting them before the NOD is recorded, you are usually the first person contacting them. Many times they do not call right away but when the NOD or NOTS is recorded, your're the first person they call because they've been hit by you 5 times already =).
  - Alma PEREZ > Kyle Whissel September 28, 2009 at 11:06am
    
    Hi Kyle,
    
    Please send me more info,
    
    Sincerely
    
    Alma Perez

Kyle Whissel September 18, 2009 at 2:16am

We use a list that is homeowners that are 30-60 days late. By getting them before the NOD is recorded, we are typically the first one marketing to them for the short sale/loan mod. Once the NOD is recorded, they have a million agents and investors banging on their door.

Let me know if you're interested in the company that can provide this list.

Forum

Pre-Foreclosure Lists.

Replies