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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: How Jordon Hudson, 24, amassed $8 million real estate portfolio within months of meeting Bill Belichick New York Post Real estate transfers in Adams County from April 21-25, 2025 Muddy River News Real estate report: Three key factors are behind Louisiana’s surge in investment Baton Rouge Business Report Hyderabad blues: Real estate sales in city see biggest drop The Financial Express Exclusive: Trump's first real estate project in Qatar to be announced by Qatari Diar, Dar Global Reuters ArchCrest opens new real estate division Northern Nevada Business Weekly Two key real estate bills take aim at industry regulations Real Estate News by RealEstateNews.com Advocacy Scoop: New NAR Poll Unveiled—Tax Reform, Real Estate Policy and Voter Opinion National Association of REALTORS® Lupoli Companies to Break Ground on Major Development in Littleton Boston Real Estate Times Cattaraugus County: Ellicottville home, Machias property lead March real estate sales Olean Times Herald Fond du Lac County property sold for $530K in latest real estate transfers for April 21-25 fdlreporter.com Licking County real estate transfers for April 14-18 reach $1.4 million in Newark The Newark Advocate Mid-America Real Estate closes sale of 34,431-square-foot shopping center in Midtown Detroit REJournals Things to know about SW Florida real estate with Call It Closed International Realty Gulf Coast News and Weather - Southwest Florida News ThoughtCraft Architects Marks 20 Years of Design Excellence Boston Real Estate Times The Pipeline: Commercial real estate roundup for 5.2.25 Richmond BizSense People on the Move: New execs at HomeServices, RE/MAX Real Estate News by RealEstateNews.com Urban Edge Signs First New Leases at Shoppers World Since Acquisition Boston Real Estate Times Ranking Arizona: Top real estate law firms for 2025 AZ Big Media Richland County property transfers recorded April 21-25 Mansfield News Journal Mahoning County Real Estate Sales: $200K+, May 2025 Business Journal Daily Real estate veteran named president of regional Berkshire Hathaway HomeServices Hartford Business Journal Startup radar: Seattle-area tech companies build software for robotics, real estate, and more GeekWire Property transfers: Nursing facility, rental complex sell for more than $1 million Canton Repository Alexandria Real Estate Equities Looks Juicy But Uncertainty Keeps Me Sidelined (NYSE:ARE) Seeking Alpha Crossing Real Estate: They Shaved Another $50k off the $1.25 Million Fishtown House - Crossing Broad Household Struggles Weigh On Real Estate And Spending Seeking Alpha Raith seeks to raise $700m for non-core US real estate fund IPE Real Assets Blackstream opens luxury office near Lake Keowee GSA Business Report Current Real Estate Roundup - May 1, 2025 Nantucket Current April real estate transactions CraigDailyPress.com Franklin Real Estate Development finds inspiration in Greenville’s history upstate business journal Solano Real Estate Scene: Slow down, buy a house Daily Republic 'Slow and steady': How a couple retired early by buying one rental property a year with 5% down payments Business Insider Secluded estate near Ann Arbor is Washtenaw County's most expensive home. Price: $8.99M Detroit Free Press Job Market Defies Tariff Fears to Remain Strong in April, Offering Jolt of Confidence to Homebuyers Realtor.com Berkshire region real estate sales – May 2, 2025 The Berkshire Edge Solano Real Estate Transactions: May 2, 2025 Daily Republic Places This Week: A waterfront estate in Dunedin St Pete Catalyst How the Dallas Commercial Real Estate Industry Could Fare in the New Tariff Environment - D Magazine Real estate performance in Quarter 1, and some perspective Garden City News Here's what local experts say the Baton Rouge real estate market will look like in 2025 The Advocate CENTURY 21 Real Estate and Institute for Luxury Home Marketing Launch Collaboration With New Q1 2025 Luxury Market Report Franchising.com Allied Properties Real Estate Investment Trust (APYRF) Q1 2025 Earnings Call Highlights: ... - Yahoo Mortgage Rates Drop and Remain Below 7% for 15 Straight Weeks Norada Real Estate Investments SDSU: SDSU Imperial Valley alumnus finds new meaning in real estate career Imperial Valley Press Online Abundant listings and stable prices not enough to drive April sales in the Fraser Valley GlobeNewswire What's the most expensive property sold in Rhode Island? May 2 real estate transactions The Providence Journal Today’s Mortgage Rates – May 2, 2025: Rates Are Down 46 Basis Points From Last Year Norada Real Estate Investments Costar Group (CSGP): “Bloomberg Of Commercial Real Estate” Insider Monkey What properties sold in Bryan, Chatham and Effingham counties this week? Search the list here Savannah Morning News When Donald Trump mocked a real estate icon for having a 'Trophy Wife' The Economic Times Real Estate Magnolia Reporter US Commercial Real Estate Leader Peachtree Group Launches 114-Room Residence Inn in Ocean Township, Tapping into Jersey Shore’s Expanding Hospitality Market Travel And Tour World Report: Health care real estate gains greater favor in Twin Cities Finance & Commerce Real Estate: Market Pulse (April 2025) Seyfarth Shaw LLP Real estate transactions: Week of May 2, 2025 Inside Tucson Business How to Choose the Right Real Estate Broker Investopedia Tarek El Moussa Calls for 'Real Reform' in Real Estate Industry: 'I Saw Families Lose Everything' House Beautiful Commercial real estate listings: Wingstop leases space on Three Chopt Road - Richmond Times-Dispatch Commercial real estate listings: Wingstop leases space on Three Chopt Road Richmond Times-Dispatch Tennessee investment firm pays $24M for uptown office tower The Business Journals |
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