I am interested in investing into off-market pre-foreclosure homes I research at my counties clerk of courts.

The PHIFA act basically outlaws going after foreclosure surpluses in MD

Homeowners waiting for the right conditions to sell their homes, or homes working their way through the foreclosure process are the two largest pieces of shadow inventory. 

An opportunity came up over the summer with a foreclosure, and long story short I took a leap to snag the deal and bought the home with cash.  

I'm trying to find the right sincere words to start the introduction knowing they are on the pre foreclosure list.

Foreclosure; what are my options?

I have begun doing research on building my real estate portfolio via HUD foreclosure homes.

I am looking at a re-foreclosure house.

Once you find some properties you "like" look up owner info and send them handwritten letters (tons of examples on BP).I sent 2 letters to the owner of my first property but it ended up getting listed on Hubzu, foreclosure auction which I subsequently won.

I just remember my clients that I sold a bunch of RE in Portlandia in 05 to 06  they also bought 4 plexs in PHX same years.. by 08 09 the 4 plex's were hundred % vacant and the owners let them go to foreclosure lost their money and their credit.although that was GFC and I am certainly not predicting that again.. but I suppose there could be some weakness on the lower end rental..