Approaching The Foreclosing Family
Hey guys,
Went to a house that was foreclosing today, with an auction set for the 10th. I was gunna ring the door bell, but decided to leave a note on the door instead. It looked like noone was home, and i didn' t want to disturb them. I was going to call first, but the number is unlisted. Should i mail them a letter also, or just let it be?
[addsig]
Well, leaving without knocking is a potential missed opportunity. Leaving a note is not exactly personal either and they may read the first line and throw it away. What you could have done was knock on the door and say that you "were at the courthouse following up on a case you are working on and came across this property going for foreclosure and you wanted to let them know that you could save the house from going into foreclosure and also saving their credit from being ruined". The important thing when dealing with people who are ready to have their homes taken away is that they are upset. When they are talking, repeat back what they have said to you. This is important in communicating with distressed homeowners. It's an excellent way of communicating. When repeating what they have said, they are more likely to say to themselves, "Wow, they understand and are listening to what I am saying. Maybe they can actually help me". If they decline to have anything to do with you. Leave them your card and thank them and tell them that if they change their mind, they can call you anytime. Always be nice and polite. Many times homeowners think they may be doing the right thing or someone is working with them and it turns out that they were given the wrong advise. Then they have your card and remember how nice you were and wanted to help. In distress and upset, they may call you afterall. Hope this helps alittle.
I didn't want to seem like i was intruding at first, thats why I tried the note. I will go to the home tommorrow and be more personal in the process. Thanks for the tip
Hello Birddog1
It might seem strange knocking on the door at first, but you will soon get used to it.
Just knock on the door and ask if you can help them.
Best of luck, let us know how you get on.
Well,
I went to the house, and no1 anwserd, so I went back a few hours later, still no1 anwserd, and there were different cars in the drive way both times. I'm beginning to th ink they are just ducking the bullet.
[addsig]
Hey guys
Well I got good news and bad news on this deal...
The good... I finally got incontact with the property owner today...
The bad... thigs are all straighed up, no more foreclosure.
I told him congratulations, shook his hand, and he thanked me for the concern.
Hey, I had good itentions right?
[addsig]
In a week or so, make sure that you send him a card... and include some information. The majority of folks who escape foreclosure find themselves right back into it. Why? Because they were unable to resolve the underlying problem.
So, be supportive, but keep in touch.
something else too is that maybe they are just saying that they got it all fixed up and stuff but they really dont.
ask them how they got it fixed and what did they do to correct it. something like that. that way, they are just playing dodgeball with you and you can get a solid answer. i would think that if they are hesitant about giving you an answer chances are they didnt get it handled.
my $.03
[addsig]
Quote:
On 2003-10-30 16:27, TheShortSalePro wrote:
In a week or so, make sure that you send him a card... and include some information. The majority of folks who escape foreclosure find themselves right back into it. Why? Because they were unable to resolve the underlying problem.
So, be supportive, but keep in touch.
Great advice, I would have never thought about that.
BTW ahabion $.03 is too much