Does anyone partially or fully handle foreclosures on their own?

[Brian Kempler]

$5k-10k is a fair amount of money per house. I also understand that a foreclosure process done wrong can cost even more.

Does anyone handle their own foreclosures or is it well understand that doing so is a combination of dangerous and foolhardy?

[Chris Seveney]

@Brian Kempler

I would not recommend doing foreclosures on your own. If you bought notes in a judicial state you have to file proper demands, complaints and go through the court system. If you want to spend countless hours learning how to be an attorney then I guess you could. I don’t know any investor who does this.

In non judicial states it still must be done properly

I am looking at a loan that was foreclosed on years ago and it was just discovered the foreclosure was invalidated and it’s a mess and has to be redone and will cost 3x the original as they have to reform the mortgage etc.