Cold calling scripts for pre foreclosures?

[Brayden Fimple]

Hey I’m starting to do cold calling for pre foreclosures in my local area. Anybody have any scripts they recommend or how I should start out in the conversations?

[Kevin Whisler]

Hey Brayden, I just replied to an identical post. So i'm going to also post the response here:

If it IS scheduled for Mortgage Sale (aka pre-foreclosure) I say something along the lines of...

"Hey Brayden, this is Kevin calling with ****** about a property at _______. The reason for the call is that it looks like that property is scheduled for Mortgage Sale in the next few months. I was just calling to see if you had any interest in selling it before that point, or if you had taken care of the mortgage."

If they say they have it taken care of, I always ask..

"So its no longer going to be foreclosed on..?"

Just to be sure that they aren't just trying to get me off the phone.

If they ask how you got the info that it was scheduled for Mortgage Sale, just tell them its on public record (it will be public record by whichever city is selling it).

If they are interested. Ask them roundabout how much they owe on the property, just so you can make sure it's worth it to pursue.

Example: If the property is worth 100,000 pre-renovation, yet they owe 125,000 still on their mortgage; it's probably not worth it to waste your time on.

Hope this helps!

-Kev