Finding leads from Prublic Notices of Foreclousre

[Josh Dillingham]

I bought my first 2 deals via the MLS and am looking to get into off market deals. I'm wondering if anyone can talk about their experience finding pre-foreclosure deals. My town website has an online search for Land Records So I can find notices of foreclosures, notices of liens, warranty deeds, mortgage documents etc. the day they are filed. So my thought is that I can find out right when a property is beginning the foreclosure process then find out approximately what they owe on the property by looking up the original mortgage and taking into consideration how long they have had the mortgage, and if they owe less than what I would be willing to purchase the property for I could contact them and try to make a deal before the date of the foreclosure auction.

Can anyone share experience they might have using this method or thoughts about it?