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Updated about 2 years ago on . Most recent reply

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Ryan Guffey
  • Contractor
  • Kansas City, MO
74
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147
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Pre foreclosure Kansas city

Ryan Guffey
  • Contractor
  • Kansas City, MO
Posted

Hello, I am looking to find pre foreclosure properties in Kansas City Mo, specifically north of the river for a primary residence. And the best financing options. What is the best way to find pre foreclosures around Kansas City? Is there any advice for someone newer to pre foreclosure/foreclosure?

Most Popular Reply

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Marty Boardman
  • Real Estate Investor and Instructor
  • Gilbert, AZ
332
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Marty Boardman
  • Real Estate Investor and Instructor
  • Gilbert, AZ
Replied

You want to search for the notice of trustee's sale in Jackson County. Here's the link: https://www.mopublicnotices.co...

From this link search 'foreclosures' and select Jackson County.

If you can negotiate a deal directly with a seller in foreclosure the best way to go is subject-to financing. If they're unwilling to do that then you can get a traditional loan (if there's enough time before the auction). Since it's for your primary residence underwriting requirements shouldn't be nearly as strict as with an investment property.

The most difficult part of this will be putting the deal together. Sellers in foreclosure are bombarded with marketing. I get the best results when there's 7 days or left before the sale. Less competition that way.

If you want to connect I can share a few other tips.

Good luck Ryan!

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