Do you believe a Legal Mortgage is a good potential lead?

[Andrew Jones]

Hello Bigger Pockets Community


I thankfully am no longer a beginner when it comes to real estate investing but I would still love your opinion about lead generation. I am primarily in new construction and look for homes that meet my criteria to build.

I know that those who receive a home through transmission (when someone passes away and leaves the house to someone) normally means there is a motivated seller. The same is true for someone who receives a 60-day notice that the bank is going to be foreclosing on their home.

My question is: Do you believe that a legal mortgage being place upon a piece of real estate to be a motivator for someone to sell?


Thank-you for taking your time to respond!