Pre foreclosure direct mail

[Dee Xixi]

Lately I sent over 200 letters to pre foreclosure home owners without a single phone call back. I know the market have changed so I am looking to find out what new tactic that really work lately. I am mostly looking to take over mortgages. I sent regular letter mail. Please share some insight

[Donovan R.]

I had a terrible response when I started with Pre-foreclosures as well. I couldn't understand it, these people should have the motivation!!

A couple things that helped increase it..
Invitation envelopes, Handwritten envelopes, and mail merge. Not many people will throw away a handwritten card in an invitation envelope. I know I have never gotten handwritten junk mail. In every letter I include the date of Lis Pendens, their note holder, their name and address. Most of the time they get my piece before they get served.

I changed my copy 4 times in 4 months and slowly saw an increase. Keep it up, you only need one to pay for all the letters.

I've heard adding a 1 or 2cent stamp on the envelope increases response but I have yet to try it.

My current copy -

Dear «First_Name»,
Time is running out…
and time is your worst enemy right now.
I’m sure you know by now that «Company_Name» plans to foreclose on your home at
«Address_Line_1»
They have hired an attorney and filed a
Lis Pendens against you on «Title».
You don’t have to sit back and watch your house get taken from you!!!!
We are in the business of solving real estate problems. That means that we have the solutions to help stop your home from going into foreclosure AND to get you cash back in the process. It doesn’t matter if you owe more than what the house is worth, or how much repairs are needed.
So «First_Name», what are your options?
-We can help negotiate your back payments over time with your lender
-We can help you “quick sell†your house – even if you owe more than the house is worth!
-Refinance the home – regardless of how far behind on payments you are
-Find another home that’s more affordable – We’ve got other properties available

These are just a few of the many options that are available to you. The bottom line is that you DON’T have to lose your house. In most cases, we can stop foreclosure from happening – because as you know, a foreclosure on your record can ruin your credit for up to 10 years, making it difficult to get another house, car, credit card, are any type of credit whatsoever.
The call to find out your options is free. It doesn’t cost you a dime to find out what your options are, so don’t wait until the last minute…
CALL NOW!
Sincerely,
Donovan Ryckis
Core Property Group, llc

P.S. «First_Name», it doesn’t matter if you want to sell your house or keep it – we can help you. Call or log on to our website now for your free report.