All Forum Posts by: Gary Parker

Welcome @David C.

As always @Rick H. gives excellent advice. Based on your comments, call immediately and talk to them about solving their problems.

Welcome @Clark Davis.

My son and I are going to be in Denver December 12th & 13th and need some ideas on fun stuff to do. We will be going to the Thursday night Bronco game on the 12th and probably stay in Denver till the 14th. We like restaurants like you would see on Diners Drive Ins & Dives...nothing too fancy but good food. My son is 15 so everything is boring to him haha. Any ideas fellow BPers? I am sure i can Google for ideas, but would love some opinions form the locals.

The following is under Title 61 Chapter 2f Section 401 of the Utah Code. Be very careful discussing "foreclosure help" if you intend to take the property subject too the mortgage. I use to do exactly what you intend to do, knock doors of preforeclosures with equity with the intent to buy sub2. This was before I was licensed; however, there is language elsewhere in the code that states, paraphrasing, that not being licensed does not excuse you from breaking these laws. These are laws not administrative rules. Pay attention to (21) (b) and (d) i & ii.

(21) (a) engaging in an act of loan modification assistance that requires licensure as a mortgage officer under Chapter 2c, Utah Residential Mortgage Practices and Licensing Act, without being licensed under that chapter;

(b) engaging in an act of foreclosure rescue without entering into a written agreement specifying what one or more acts of foreclosure rescue will be completed;

(c) inducing a person who is at risk of foreclosure to hire the licensee to engage in an act of foreclosure rescue by:

(i) suggesting to the person that the licensee has a special relationship with the person's lender or loan servicer; or

(ii) falsely representing or advertising that the licensee is acting on behalf of:

(A) a government agency;

(B) the person's lender or loan servicer; or

(C) a nonprofit or charitable institution; or

(d) recommending or participating in a foreclosure rescue that requires a person to:

(i) transfer title to real estate to the licensee or to a third-party with whom the licensee has a business relationship or financial interest;

(ii) make a mortgage payment to a person other than the person's loan servicer; or

(iii) refrain from contacting the person's:

(A) lender;

(B) loan servicer;

(C) attorney;

(D) credit counselor; or

(E) housing counselor.

DANG IT! :)

I did this for two years. It is a great way to get experience talking with people. What determines "more potential" for you?

How about a more business type letter? White paper and white envelope. I dont market to this group yet, so I have not tested anything. The thing is, is that different people respond differently to different media. I do think PC are better suited for large lists that can be touched time and time again, and typically hitting pre-foreclosures is a shorter marketing time table because of the looming sale.

You are so right Aaron. And trust me, he is a chaser LOL. He only spends about 15 min a day reading Think and Grow Rich, and it is all his decision. He earns money stuffing envelopes and is intrigued by listening to the recorded calls I get. He loves the ones where people threaten to sue me or something. Anyway Aaron I sure do enjoy your posts on BP. Educational and entertaining all in one.

Welcome @Nikki Jacob