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All Forum Posts by: Alvin Grier

Alvin Grier has started 59 posts and replied 170 times.

Post: Lists of Homes in Severe Tax Delinquency

Alvin GrierPosted
  • Detroit, MI
  • Posts 170
  • Votes 21

Just spoke to Listsource, they don't have this information.  :-(

Post: Lists of Homes in Severe Tax Delinquency

Alvin GrierPosted
  • Detroit, MI
  • Posts 170
  • Votes 21

OK.  I've used listsource for absentee lists, I will look in there to see if it can provide this specific information as well.

Post: Lists of Homes in Severe Tax Delinquency

Alvin GrierPosted
  • Detroit, MI
  • Posts 170
  • Votes 21

I was recently asked by a colleague if it's possible to obtain a list of homes that are in severe tax delinquency, to the point where the home is going to be lost soon, due to a tax lien.

Is it possible to purchase these kinds of leads?

The website for one of our target local municipalities will show if a specific property is delinquent on taxes, however the problems with that are that:

1) We'd have to search search by property address, and we won't know what addresses to search for, being that we're looking for a list of properties that are in this situation.

and

2) Just because a property shows on the website as being in delinquent status, doesn't necessarily mean that the county has necessarily served the owner with a notice that the property is in danger of being taken soon.

Thanks in advance.

P.S. I noticed someone mentioned buying "defaulted tax lists" in this thread here on Biggerpockets, but I didn't see anything regarding the names of vendors that sell them.  I didn't find anything when I Google'd the phrase "defaulted tax lists", or anything similar.

It's where you talk to potential investors about lending you money to purchase and rehab property.

Thanks Erica, for the feedback. So I take it you don't think having a luncheon on a Thursday would potentially lessen the amount of people that would attend?

We plan on being in-and-out, with our portion lasting 35-45 minutes, and giving an extra 45 minutes for those that want to stay and ask additional questions and what not.

Alan Cowgill, the private lending guru, says he always hosts his private lender luncheons on Thursdays.

While I've heard him say that there's no real reason why he hosts them on Thursdays, I believe in following the systems of others, if they work.

We're in the midst of planning our own, where we will be presenting our opportunity.

I'm considering hosting it on a Saturday instead of Thursday, as it would seem that more people would be able to make it on a Saturday than during the week.

Alternatively, people might be less likely to want to take time away from their family or whatever over the weekend, so I see the benefits of both days.

Which day do you think is better to host such a luncheon, Saturday or Thursday?

Post: Probate Attorneys

Alvin GrierPosted
  • Detroit, MI
  • Posts 170
  • Votes 21

I just bought some from USprobateleads.com today.

There are a few other probate lead providers out there too that you should be able to find with a Google search or two.

Just consider yourself warned; probate leads can be expensive, so be prepared to make the most out of them by committing to mailing the Personal Representatives/Executors repeatedly, as most of them won't be ready to sell right-away.

As they say, "the fortune's in the follow-up."

Post: Probate Attorneys

Alvin GrierPosted
  • Detroit, MI
  • Posts 170
  • Votes 21

Try purchasing probate leads.

When (and if) an Executor from the list you purchased contacts you and wants to sell, they will more than likely put you in touch with their attorney.

This is a nice "back door" way to build relationships with the attorneys, because they (the attorneys) know you can perform, and will refer you when their future clients have properties that they want to liquidate.

Hope this helps.

Post: Who Orders the Appraisal?

Alvin GrierPosted
  • Detroit, MI
  • Posts 170
  • Votes 21
Originally posted by Phillip Dwyer:
If the loan won't be sold to Freddie/Fannie, I don't believe the AMC component is part of the equation. If this private lender is not local, have them look at www.appraisalinstitute.org to find a local designated member (SRA).

Sorry, one last question. Do SRA appraisers charge more than those that aren't SRA certified?

I ran a Google search for that question, and couldn't find anything.

Post: Who Orders the Appraisal?

Alvin GrierPosted
  • Detroit, MI
  • Posts 170
  • Votes 21
Originally posted by Phillip Dwyer:
If the loan won't be sold to Freddie/Fannie, I don't believe the AMC component is part of the equation.

Oh, OK. Even though the loan won't be sold, I was under the impression that it still might be in their best interest to go through an AMC, as I've heard that there are benefits to doing so.

I never knew that AMC's were only used for situations where the loan was going to be sold. Thanks for that insight.