How Do I Contact Sellers on A foreclosure List?

October 19, 2010 Hans Anderson Mr. Foreclosure Aiden Win, 0

Here is a question I get asked a lot. “Now that I have the
foreclosure lists, how do I contact the sellers?”

You can attempt contacting the sellers in several ways. One way is to physically go to their address and knock on their door. This is very direct, and may show that you are a serious investor. However, this is very time consuming. Also, if you don’t know the seller’s situation, you might be wasting your time. So unless the property is not far from where you live or work, I wouldn’t recommend this method.

Another method is to call them on the phone. You can see if the seller’s phone number is listed in the telephone directories by searching for it by address. This doesn’t take much time at all, and with practice, may be very effective. It helps to have some kind of phone script that you can start using and refine to suit your own style.

More on this later.

If you cannot find the seller’s phone number, you can try calling the lawyer who is handling the pre-foreclosure. Depending on the law firm, the lawyer, the secretary answering the phone, and how polite or how skilled you are, you may be able to get the seller’s phone number from them. Sometimes they will give it to you, sometimes they will not. If they don’t, you can usually leave your number with them and ask them to forward it to the seller – indicating that you are a very interested buyer.

A method that I personally use and have found to be extremely effective is to send a letter or a series of letters to the seller. This method is powerful because the seller will have something tangible in their hands.

Usually, they will keep the letter, perhaps show it to their spouse, or leave it on their kitchen table – thus constantly reminding them that there is a buyer for their house when the time is right…you.

With the right wording and approach in your letter, you will compel the seller to call you. And sometimes they have already made up their mind to sell to you because they have had the time to think it over with their spouse. By being in the “top of their minds”, you will have a tremendous advantage.

The bottom line is, you never know what the seller’s situation is. But if you are persistent in your efforts, it’s only a matter of time before you find a foreclosure that will make you a handsome profit. With each foreclosure that you look at, you will improve your skill in making a deal happen. And it doesn’t take more than 1 or 2 successful deals to be making a healthy income!

Over the years, I have used letters, phone scripts, and other tools that I have refined to become very effective for contacting sellers.

And get this, I didn’t have to chase anyone, I would have sellers call me constantly to sell me their homes because my letters worked so well.

They have worked for me, so I recommend them to you.

The Lazy Man’s Way To Generate Cash From foreclosures That Will Make You Rich!

Aiden Win Mr. foreclosure

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