texas pre foreclosures

[Justin Cortez]

newbie here trying to gain as much knowledge as I can. so if a home is in pre foreclosure, what are some strategies you can approach it with? what are questions you could ask the owner of the property? what is the best way to help them out and help your self out by positioning your self to buy a pre foreclosure? i have found great deals, but im not sure on where to even get started after finding the deals when it comes to staying in compliance with the state/county laws. preferrably i would like to have a solution for the home owner and myself before it gets close to the auction steps. 

thank you,

Justin Cortez

J&S Property Investments LLC.

[Jim Cummings]

@Justin Cortez . The most difficult part of buying Pre-Foreclosures in Texas is the short time frame in which you have to act.
If you are not identifying the property until it's posted by the county, then you will most likely only have a short period of time to act, most likely will have to pay cash as the only option.
In many cases, you'll find that being behind on the payments is not the only ill situation on these properties. However, If you could create a system where you can identify potential candidates before they are posted for foreclosure, then you would have time negotiate with Owner / Seller and time to do due diligence on the property. 

Good luck on this one.