Vacant Properties, Best Source For Leads
How do houses become vacant anyway?
Well, there are many factors such as, divorce, death, job loss, etc. But most recently there is a tidal wave of vacant properties due to the rise of foreclosures.
Once you understand how this phenomenon of vacant and abandoned houses actually occurs you will have a leg up on your competition. Why?
Think about it for a moment, most realestate investors are incestuous with their activities. Most doing the same outdated, counter productive marketing activities. You know, like posting bandit signs, newspaper ads or subscribing to overused lists.
As the saying goes people are like sheep being led to the slaughter by uniformed other sheep.
That saying really hits home for me when I think about how investors go about locating and tracking pre-foreclosures. Many trust their wallets to solve the problem by subscribing to list services or running expensive commercials.
There may be a few crumbs to get by going about it that way. But remember this saying by yours truly If it is public it has been picked over.
Picked over by whom you say? By the few ultra savvy investors in your city, that is who! These investors know that to be able to cut through the clutter of bumbling and stumbling wanna-be investors, contrary actions are a must.
That is why one of the very best methods for finding those smokin hot deals which no one else knows about is with vacant and abandoned houses.
If it is pre-foreclosures you are after there is no better way to get a jump on the sheep than tracking this type property.
As a matter of fact the actual foreclosure is the end result of many things gone wrong over a period of time finally sending the property owner reeling in a state of confusion.
Many times during this intense financially pressured, back breaking, spirit draining period the property owner throws in the ownership towel in exasperation.
He/she abandons ship in the middle of the night adding his home to the growing ranks of vacant properties.
See, even at this point of abandonment the bank may drag its feet in taking legal action against the property owner for back mortgage payments. The banks are overwhelmed in some areas to stay on top of their defaulted notes.
The sheep stand around grazing in the weeds of misinformation, waiting on the bank to make a public announcement down at the court house.
Meanwhile the astute investor has a system in place to identify these vacant properties long before the sheep gets wind of the blowing scent of greenbacks.
The sheep are all bumping into each other, heads to elbows ambling down the same dead end path of nothingness.
I am encouraging you break rank right now from the sheep herder and think outside the box. Start by noticing the vacant houses in your own neighborhood. These properties are literally everywhere.
In my Wholesale home study system you have everything you need to research the owner to strike a deal saving him and the bank a lot of trouble and unnecessary loss.
Remember the foreclosure notice is a last resort by the bank to recoup its money. No bank or lender wants to foreclose on a property. It is expensive, time consuming and looks bad to their investors.
Therefore, in most cases it can take months before a bank takes action. In the process there may have been attempts to work things out with the property owner to save the house.
Early Signs of Financial Distress
While money is tight the property owner starts to slip on routine maintenance such as grass cutting and basic landscaping. Funds are tight in that household. What ever is scrapped together goes toward the mortgage.
Other housing expenses start to slip through the cracks such as property taxes, insurance, and HOA fees.
The astute investor is monitoring not only the physical condition of properties but expenses as well.
The numbers of vacant and abandoned houses are on the rise in direct proportion to the increase in foreclosures. If you have been paying attention, foreclosures are at a 40 year high and predicted to get worse before better.
If you are reading this I know you are ready to break ranks from the herd and blaze your own path. Now is the time to take action and order my Wholesaling For Fast Cash, home study system where you will get my beat them to the punch marketing strategies.
Go to this link now and order yours today.
http://www.thewholesalewizard.com/main/
Take Action!
Ken Williams
http://www.thewholesalewizard.com/
How do houses become vacant anyway?
Well, there are many factors such as, divorce, death, job loss, etc. But most recently there is a tidal wave of vacant properties due to the rise of foreclosures.
Once you understand how this phenomenon of vacant and abandoned houses actually occurs you will have a leg up on your competition. Why?
Think about it for a moment, most realestate investors are incestuous with their activities. Most doing the same outdated, counter productive marketing activities. You know, like posting bandit signs, newspaper ads or subscribing to overused lists.
As the saying goes people are like sheep being led to the slaughter by uniformed other sheep.
That saying really hits home for me when I think about how investors go about locating and tracking pre-foreclosures. Many trust their wallets to solve the problem by subscribing to list services or running expensive commercials.
There may be a few crumbs to get by going about it that way. But remember this saying by yours truly If it is public it has been picked over.
Picked over by whom you say? By the few ultra savvy investors in your city, that is who! These investors know that to be able to cut through the clutter of bumbling and stumbling wanna-be investors, contrary actions are a must.
That is why one of the very best methods for finding those smokin hot deals which no one else knows about is with vacant and abandoned houses.
If it is pre-foreclosures you are after there is no better way to get a jump on the sheep than tracking this type property.
As a matter of fact the actual foreclosure is the end result of many things gone wrong over a period of time finally sending the property owner reeling in a state of confusion.
Many times during this intense financially pressured, back breaking, spirit draining period the property owner throws in the ownership towel in exasperation.
He/she abandons ship in the middle of the night adding his home to the growing ranks of vacant properties.
See, even at this point of abandonment the bank may drag its feet in taking legal action against the property owner for back mortgage payments. The banks are overwhelmed in some areas to stay on top of their defaulted notes.
The sheep stand around grazing in the weeds of misinformation, waiting on the bank to make a public announcement down at the court house.
Meanwhile the astute investor has a system in place to identify these vacant properties long before the sheep gets wind of the blowing scent of greenbacks.
The sheep are all bumping into each other, heads to elbows ambling down the same dead end path of nothingness.
I am encouraging you break rank right now from the sheep herder and think outside the box. Start by noticing the vacant houses in your own neighborhood. These properties are literally everywhere.
In my Wholesale home study system you have everything you need to research the owner to strike a deal saving him and the bank a lot of trouble and unnecessary loss.
Remember the foreclosure notice is a last resort by the bank to recoup its money. No bank or lender wants to foreclose on a property. It is expensive, time consuming and looks bad to their investors.
Therefore, in most cases it can take months before a bank takes action. In the process there may have been attempts to work things out with the property owner to save the house.
Early Signs of Financial Distress
While money is tight the property owner starts to slip on routine maintenance such as grass cutting and basic landscaping. Funds are tight in that household. What ever is scrapped together goes toward the mortgage.
Other housing expenses start to slip through the cracks such as property taxes, insurance, and HOA fees.
The astute investor is monitoring not only the physical condition of properties but expenses as well.
The numbers of vacant and abandoned houses are on the rise in direct proportion to the increase in foreclosures. If you have been paying attention, foreclosures are at a 40 year high and predicted to get worse before better.
If you are reading this I know you are ready to break ranks from the herd and blaze your own path. Now is the time to take action and order my Wholesaling For Fast Cash, home study system where you will get my beat them to the punch marketing strategies.
Go to this link now and order yours today.
http://www.thewholesalewizard.com/main/
Take Action!
Ken Williams
http://www.thewholesalewizard.com/
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