Starting Out
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated over 17 years ago on . Most recent reply

Preforeclosure consulting/sub2
I have been watching my local paper for the preforeclosures & auctions & will be attending one on Dec 4 and possibly bidding on a pce of property. I found another property that I would be interested in inquiring on a subject to with the owners.
It was a $61,000 mortgage in 1998, built in '76, 3br/2ba, 1665 sq ft, brick home. The tax assessor shows value of 120,306.
I have been learning about subject to offers and seen mentioned 'preforeclosure consulting' and think I would be very interested in persuing this avenue. I would like some advise/input on what type of consulting I could offer to a preforclosure. I understand that this avenue is very stressful b/c the owners emotions are high. Therefore I would like to have all avenues of 'consulting' before I even attempt this. I have heard there are offers/avenues that are a win/win - for you and the owner and would like to have any/all of these avenues as I can.
Thanks in advance for any of your help.