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Updated about 8 years ago on . Most recent reply

User Stats

12
Posts
1
Votes
Walter Edmondson
  • Dallas, TX
1
Votes |
12
Posts

Texas pre-foreclosures, realtytrac best option?

Walter Edmondson
  • Dallas, TX
Posted

Hello!

I would like to attempt to direct mail to pre foreclosures in Texas(preferably in the Plano/Dallas area) in hopes of possibly taking over their mortgage payments to stop the foreclosure from happening.  I help them by stopping the foreclosure from wrecking their credit, they get to stay in the house, and I am now collecting equity in real estate.

I read that realtytrac is a good option to pay for recent and accurate lists of pre foreclosures in Texas, but I am wondering if anyone knows of more up to date lists, or thinks I'm going about this all wrong :P

Any wisdom you would be willing to share would be greatly appreciated!

Most Popular Reply

User Stats

144
Posts
59
Votes
David Heath
  • Investor
  • Floyds Knobs, IN
59
Votes |
144
Posts
David Heath
  • Investor
  • Floyds Knobs, IN
Replied

@Walter Edmondson, If I were you I would market for the deals. People who are in the situation of being behind in their payments many times are looking for a way out of the situation. Buy some bandit signs with the expression of "Stop Foreclosure" and your phone number. Be ready to answer the calls. 

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