All Forum Posts by: Paul Paoletti

Thanks Chris. My question did't come out as I intended in my post. I may be thinking more about strategy for short sales.  When you see a listing in Preforclosure, would you contact the homeowner before the property goes to auction for a possible short sale?

Is there a strategy for purchasing foreclosures or do you have to wait for them to become an REO and be listed?

If the walls are above grade, use an asphalt coating you can roll or brush on. Same stuff that goes on outside foundation walls below grade. You can also use a cement base product like Thoroseal. It can be troweled or brushed on. Both methods will provide moisture protection. Furring strips with Styrofoam insulation between and drywall. Or if you have room and budget, 2x4 studs with batt insulation and drywall.