Identifying properties before they go into foreclosure

[Andrew Zannotti]

Hello everyone!

First, I wanted to say thanks to everyone on here because I've learned so much from these forums over the last 2 years.

Recently I started working towards going directly to seller because MLS prices in my area are making it insane to compete with people looking to invest from more overpriced areas out of state.

I currently live in Killeen, Texas. This week I've looked at 2 VA for closures, we put an offer in on one and got outbid and the other wouldn't have made sense.

The big takeaway from it was the realization that both of these could have been great deals and wins for the homeowners if we had been able to speak with them prior to them going into foreclosure.

My question for the group is does anyone specifically market to houses that are heading towards foreclosure? If so, how do you identify those properties and what systems do you have in place to make contact with those owners.

Any tips and recommendations would be greatly appreciated!

Andrew