I received this email from Aiden Win also known as Mr. Foreclosure, a very knowledgeable investor. As I receive them I will post them here so everyone can benefit from them.

Hi,

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!

ForeclosuresTaxSales.com

Hans Anderson

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When a property enters pre-foreclosure, there is usually a period of at least 2-3 months for the owner to reinstate the property by paying off the amount that is in default.

It’s important to find out if a property has been reinstated before proceeding because the reinstatement will stop the foreclosure process.

Probably the best way to find out if a property has been reinstated is to contact the attorney or trustee that is assigned to the foreclosure.

The trustee cannot and will not typically answer questions about the property; they can however let you know if the property is still in foreclosure or not.

United States Pre Foreclosures

Canadian Pre Foreclosures

Hans Anderson

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Nothing wrong with wanting to make money in real estate flipping houses.

There is absolutely no shame in that at all!

Yet, you find yourself dreaming and fantasizing about making money
in real estate more than taking the necessary steps to turn those
dreams into reality!

What exactly are you afraid of?

You know for a fact that some people have become extremely wealthy
from real estate transactions.

Many of the world’s most successful entrepreneurs have earned a
large portion of their riches from real estate dealings! Your
dreams can easily become reality, even if you are young and
inexperienced, when you learn how to “flip” houses!

I’d like to share a story with you about a friend of mine. We’ll
call her Tai. Tai made a fortune in real estate, beginning at the
age of twenty, with no help from anyone else. Here’s how she did it:

Tai began by buying a pre-foreclosure, which allowed her to get
into the house for no money down.

Tai lucked out when, on a whim, she decided to join the Foreclosure Insiders Club. This membership granted her access to exclusive listings of pre-foreclosed homes in her region.

Without even realizing it, Tai was already one step ahead than many
seasoned investors and realtors in her area, who didn’t have access to this information.

Insider Access To Pre-Foreclosure Listings In BC And Alberta – UP TO 50% OFF!

Tai found her first property at the Foreclosure Insiders Club for
approximately $50,000 below market price. The property she found
was in need of some renovations but not all pre-foreclosure and
foreclosure properties listed through the Foreclosure Insiders Club
were fixer-uppers.

Tai fixed up this property and sold it herself. At closing, she
had made enough profit to buy a second fixer-upper, but this time,
she paid all cash.

Tai went right to work fixing her second house, and when she sold
that one, she collected profit of $44,000, which allowed her to pay
cash for her third house!

By now, Tai was comfortable with her formula, and within a short
time, she had flipped her third house, realizing enough profit to
pay cash for yet another house, as well as being able to buy the
custom pickup of her dreams. And all of this had happened in the
span of just nine months!

Tai’s formula was simple. She located houses that needed only
cosmetic work, avoiding those that required structural repairs. She
did all the painting herself, inside and out, and updated the
home’s lighting, plumbing fixtures, and carpeting. Once renovations
had been completed, all three houses sold quickly, and at a
significant profit.

Flipping houses is the most tried-and-true way to make a fortune in
real estate, so don’t listen to anyone who tries to tell you that
it can’t be done or that you need to have a great deal of start-up
money. That’s not true. You can buy houses with no money down
through various loan programs, and sellers will often help you with
the closing costs.

I know what I’m talking about. My husband and I bought our 27th
house earlier this year, for no money down, and we expect to make a profit of at least $100,000 for just one month of hard work!

But we take the process a step further, making our houses outshine the competition by also using Design Psychology, although our buyers never know that. All they know is that they feel good when they’re in our homes, which makes them want to buy them, even if they’re more expensive than the house next door.

There’s no other business that can make you as much money, with as little start-up cost, in as short a time, as investing in real
estate.

In fact, more millionaires made their fortunes in real estate than in any other business. And you can do it, too. You just have to stop dreaming and get started.

To Your Success!

Aiden Win
Mr. Foreclosure

Canada’s Largest Database Goldmine Of Pre-Foreclosure Real Estate For Up To 50% Below Market!

ForeclosuresTaxSales.com

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Homes in foreclosure set another monthly record in March with completed foreclosures reaching 175,199 homes, this is up 44 percent from February’s previous record high. This is according to Foreclosures.com, one of the top real estate information providers.

Foreclosed properties were up severely from 121,756 in February. nearly 370,000 properties were repossessed by lenders in 2009. Eighteen point three out of every thousand homes were repossessed, that is up over 38 percent from 266,986 in the fourth quarter of 2008, the U.S. Foreclosure Index showed, and up 76 percent from 210,280 in the first quarter of 2008.

The beginning of 2009 was even more devastating. The first-quarter total is the highest quarterly total of completed foreclosures since the beginning of the foreclosure disaster . Pre-foreclosure filings topped 600,000 for the first time. Pre-foreclosure filings could lead up to a completed foreclosure.

Hans Anderson

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