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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: Mapped: Global Real Estate Bubble Risk in 2025 Visual Capitalist Hamptons $115 million home sale smashes real estate records — billionaire behind the secret deal revealed New York Post Taiwan’s real estate problem The Economist Real estate news: Vanguard University selling off-campus housing site Orange County Register Ford government to take control of Ontario’s real estate regulator Monday, assumes all powers of board Toronto Star 8z Real Estate Annual Deck the Door Contest Ark Valley Voice Check out these Muskingum County real estate transfers Zanesville Times Recorder Check out the New England Real Estate Journal's 2025 Ones to Watch Industry Leaders Spotlight! NEREJ Benutech debuts lead gen tool; Zillow helps renters build credit RealEstateNews.com Real Estate Transactions: Friday, November 28, 2025 Boulder Daily Camera ARE Investors Have Opportunity to Lead Alexandria Real Estate Equities, Inc. Securities Fraud Lawsuit PR Newswire Mexican nationals arrested in real estate fraud scheme targeting San Diego properties fox5sandiego.com Welcome to Real Estate Friday! The Berkshire Edge Richland County property transfers Nov. 17-21 Mansfield News Journal Lower mortgage rates lift U.S. home sales in October IslanderNews.com Berkshire region real estate sales – November 28, 2025 The Berkshire Edge The Greek real estate market continues to show resilience and steady growth - World Business Outlook The Greek real estate market continues to show resilience and steady growth World Business Outlook See photos of French-style Palm Beach house listed at $26.5 million on Wells Road Palm Beach Daily News Licking County real estate transfers for Nov. 10-14, 2025, reach $3 million The Newark Advocate Real estate sales in Jefferson, Bullitt and Oldham counties for May 12-18, 2025 The Courier-Journal $2 Million Homes in São Paulo, Brazil The New York Times LV Collective and Kayne Anderson Real Estate Acquire The Heights at College Station in Texas Yield PRO LOCAL REAL ESTATE TODAY 11.28.25 KQEN News Radio Real Estate Lowenstein Sandler LLP Hits and Misses for the Real Estate Week of Nov. 24-28 Weekly Real Estate News Insights from new CEOs: Kim Follett, CBRE The Business Journals Stark industrial property sales top $1M | Property transfers Canton Repository NYC renters with pets get slapped with over $800 in mandatory fees — but this neighboring city pays even more New York Post My Chemical Romance add Sunny Day Real Estate, Echo & the Bunnymen, Interpol & more to UK/EU shows BrooklynVegan Trump’s Childhood Home Is on the Market for $2.3 Million The New York Times Real Estate Transfers Rocky Mount Telegram $42M real estate commissions class action settlement Class Action Lawsuits The New Architecture of Real Estate: How AI Is Redefining Value Mexico Business News WATCH: Space Coast Real Estate Market Report Shows Strong Buyer Momentum, Rising Cash Sales Space Coast Daily Morguard Real Estate Investment Trust Declares December 2025 Distribution Of 2 Cents Per Unit TradingView Interest Rate Predictions for 2026 by Goldman Sachs: Intriguing Insights Norada Real Estate Investments Updated Bath home near Ken Stewart's Lodge sells for $1M. See inside Akron Beacon Journal Real estate developer Genevieve Hanson to acquire construction company The Business Journals Manitowoc County property sells for $885K in real estate transfers Herald Times Reporter Top Real Estate Investment Hotspots in 2025 Norada Real Estate Investments How Real Estate Expert Andrea Vukovich Peters of Littleton Explains What Realtors Do After the Sale Ends for HelloNation The Manila Times Sarasota Condo Project Advances, SRQ Airport Hotel Stalled Sarasota Herald-Tribune Marin house prices remain nearly level in latest data Marin Independent Journal CTP N : announces entering the Italian real estate market facilitiesmanagement-now.com Honolulu attorney sees sea-level rise and tariffs reshaping real estate deals The Business Journals How Midway Rising plans to breach 30-foot height limit San Diego Union-Tribune Real Estate’s Last Black Box Is About to Break Open observer.com MIMA Living: A New Era for Lisbon’s Tourism and Real Estate Sectors, Get the Details Here Travel And Tour World Developer buys prime lot zoned for 40 stories in downtown Raleigh. What’s next? Raleigh News & Observer Ray Dalio Just Called Real Estate The 'Easiest Asset to Tax'—And Says It's A Terrible Hedge Against Currency Devaluation Yahoo Finance Today's Mortgage Rates, Nov 28: 30-Year FRM Drops to 6% as Lenders Roll Out Lowest Offers Norada Real Estate Investments 30-Year Fixed Mortgage Rate Hits Multi-Month Lows, Offering a ‘Buy Now’ Incentive Norada Real Estate Investments Bahrain lowers minimum real estate investment for Golden Residency to USD 345,000 Travel Daily News International 2 Mexican Nationals Arrested for Fraudulent Home Sales Weekly Real Estate News In Columbia's Vista, a $700,000 townhome shows off its historic past Post and Courier |
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