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Updated about 7 years ago,

User Stats

74
Posts
28
Votes
Gregory Flores, Jr.
  • Homeowner
  • Aurora, CO
28
Votes |
74
Posts

Approaching owner before foreclosure auction

Gregory Flores, Jr.
  • Homeowner
  • Aurora, CO
Posted
Hi everyone! I’ve found a property within a mile of my current live-in duplex, and have been reading up on the auction process and timeline this past week. I️ want to see if there was a way to make a deal out of this situation and help the owner avoid this event. What would you say is the best way to approach a homeowner before the foreclosure auction? Has the owner’s credit already been impacted since the auction has a set date? I’m at the point where I️ May try to leave a handwritten note on the door. What questions do you ask to find out the pain-points? What question gets people to divulge their equity position (especially as they face foreclosure)?

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