Will this work? Buying with a Quit Claim Deed..

[Demar Young]

Hello, completely new to this but, I have an idea of buying houses that are in preforeclosure. Will this work? If so what are somw of the pitfalls.. 

My idea:

1) contact Individuals who are in the foreclosure process

2) pay off late payments and fees

3) pay them

4) assume loan or refinance

I get a title search and pay those if it make since i.e there is equity.

Please help

Demar

[William Hochstedler]

@Account Closed is from Out West Somewhere.  But apparently not Utah!

He offers great advice, Demar.  Make sure you pay close attention to everything he says.  Then start searching for marketing to foreclosures.  When you know what your state's trigger is for starting the foreclosure process you can get those lists and door knock for not very many $$.