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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: Miami heat: Phones are ringing off the hook as California billionaires look to drop 9 figures on homes in the 305 Business Insider Betting big on Israeli real estate, Canadian billionaire looks to drive housing markets The Times of Israel Breaking down Compass’ partnership with Redfin, Rocket Yahoo Finance Real estate transactions — Feb. 19-25 Steamboat Pilot Homes for Sale in Manhattan and the Bronx - The New York Times The New York Times Current Real Estate Roundup - February 26, 2026 Nantucket Current C21 adds Windy City affiliate; Real, Howard Hanna nab new teams RealEstateNews.com Felony charges filed in Thornton State Beach fence case; new questions about real estate investor ABC7 San Francisco The General Services Administration: Examining the Future of Federal Real Estate Management to Reduce Costs for the Taxpayer | Transportation and Infrastructure Committee Transportation & Infrastructure Committee (.gov) Real estate sales in Peoria, Tazewell, Woodford counties for Feb. 28, 2026 Peoria Journal Star Hey, real estate brokers: AI is not ‘coming soon,’ it’s already here Orange County Register MassDevelopment brings on new head of real estate Worcester Business Journal Kent County home prices dropped over 11% in November The News Journal Berkshire region real estate sales – February 27, 2026 The Berkshire Edge Bay Area housing and real estate news The Mercury News County Real Estate Activity Holds Steady into Jan. Franklin Observer OT Real Estate Spotlight of the Week: 3009 Stirrup Loop The Owensboro Times Chad Schwendeman Real Estate Group Becomes Exclusive Zillow Preferred Partner in Central Minnesota. Brainerd Dispatch See how much homes prices fell in New Castle County recently The News Journal Sussex County home prices fall in November, but condos rise The News Journal Former Marquette men’s basketball, NBA player shares real estate insight with students Marquette Today New real estate rule for those who pay in cash takes effect March 1 5 EYEWITNESS NEWS Real Estate 101: The deal I didn't fund The Rome News-Tribune Local real estate broker pleads guilty to obstruction of justice, avoiding reporting requirements Rogue Valley Times EG Real Estate: 3 New Listings, 1 Sold in Blizzard Week East Greenwich News Million dollar baby: Real estate's biggest new hires and moves Inman Real Estate News What's the most expensive property sold in RI? Feb. 28 real estate transactions The Providence Journal 5 facts about Florida local real estate market after listing surge Treasure Coast News Westmoreland County Real Estate Transfers The Latrobe Bulletin Novato real estate lender under investigation Marin Independent Journal Berkshire County Real Estate Transactions for Feb. 9-13 The Berkshire Eagle With Rocket deal, Compass strikes at organized real estate. ‘It really seems like war.’ Inman Real Estate News Rogers Healy Exits the Real Estate Game. D Magazine Westport real estate sales Feb. 9-13 Westport Journal MI Dream Home: Battle Creek estate offers island home The Detroit News 45,486 Shares in Alexandria Real Estate Equities, Inc. $ARE Acquired by GSI Capital Advisors LLC MarketBeat D.C.-based real estate firm investing $4B for new data center development in Berkeley County, WV West Virginia Watch Real Estate Investors (LON:RLE) Share Price Passes Below 200 Day Moving Average - What's Next? MarketBeat Real Estate Transfers Rocky Mount Telegram REAL ESTATE TRANSACTIONS Bandera Bulletin Colorado River Basin Negotiations Put Western Land Use and Real Estate at a Crossroads Urban Land Magazine Welcome to Real Estate Friday! The Berkshire Edge Dodge County Real Estate Transfers Fremont Tribune Bruce Burrow, pioneer developer behind Mall at Turtle Creek, dies K8 News | Jonesboro, Arkansas This historic property in Peoria is now on the market Peoria Journal Star Homexa Expands Into 20 plus States in January 2026, Emerging as a National Real Estate Operating System for Agents mydailyrecord.com Spokane economy outlook provides some hope for real estate sales The Spokesman-Review Brecksville warehouse sales signal Valor Acres boost Crain's Cleveland Business SmartCentres Real Estate Investment Trust Further Extends Arrangements with Penguin Group Business Wire The Next Step Program gets Doylestown real estate deal done Bucks County Herald newspaper $1.7 million Madeira home sale among the week's top property transfers Cincinnati Enquirer HINA - Croatians increasingly invest in gold and stocks, less in real estate – roundtable Alliance of Mediterranean News Agencies The week in Brooklyn (2/23-2/28) Historic blizzard recovery, Cobble Hill real estate news, Wholefoods in Williamsburg & the latest community news Brooklyn Bridge Parents |
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