Are you searching for [tag-tec]pre-foreclosures[/tag-tec]?
Here’s the answer.
The current market is bursting at the seams with distressed homeowners who can’t get answers from their banks and mortgage companies.
There are too many [tag-ice]pre-foreclosures[/tag-ice]. Banks are having trouble keeping up with demand. Results are that many distressed homeowners are not receiving the answers they need- in time. Many times they are being put on hold.
Banks are giving them too much red tape which increases their frustration levels almost to the max.
Where do we come in?
All we really need to do at this point is be observant. And then act.
There are many homeowners rapidly moving into [tag-self]foreclosure[/tag-self]. That means they’ll be putting their homes up for sale.
The secret here is actually no secret at all. It’s all about timing. Get to the distressed homeowner and work out a deal which is advantageous for everyone involved.