Spending the Day at the courthouse looking at Foreclosure cases..

[Dana Beese]

Ok. Here is something I have been pondering!

I spent the good part of my day at the lake county, il courthouse looking at cases... We looked over 80+ cases... and found nothing worth pursuing.. I have gone to a few auctions in McHenry County, IL.. and watched these very tight lipped "investors".. with these books that had listings in them... and they were going down the line and crossing off the listings as they were sold, cancelled or rescheduled.. I asked one of these investors about this books... he was not very nice about it.. and started saying my son made it.. my son... ok.. i was not going to push him.... we left him alone.. went on our way.

However it still is boggling my mind.. where do these investors get these books? I'm calling them books because they had a printed cover... it was blue and white... I am still learning and was more interested in learning where these people go to get these books vs trying to seal their investments... But if anyone had any information about these books i would appreciate it.

I do not mind doing my due diligence.. but if anyone could lead me into a direction of finding more information about the foreclosures from my home office I would appreciate it.

Thanks!!

Dana

[Mark Updegraff]

foreclosures are public record. Investors often bring a list, as do I. How do I get it? I pay for it! It cost's about 200 / year for the subscription. They keep it updated and provide it in list form. It is worth the money. Your time extracting the data from public record and updating it would create a position. Just pay the money and get the list. In my market Dolan Media provides it. As soon as my son can make me a cool book to hold it, I'll put him on it ;C)