Pre-Pre Foreclosures?
Does anyone know how to get access to 60-90 day lates mortgage leads? I tried contacting the credit agencies but they require a physical commercial address --but I work from a home office and they will not approve me. Any suggestions?
try the credit collection companies, these folks some times need a lender to refi a customer who is in need of paying off other bad debts. This will only work if you suggest to the credit person they will collect their entire amount where as the other past due bills you will have to make offers of 60% or so to settle accounts at closing, do this before proceeding with the lending. The customer will need a decent amount of equity in the property to still qualify for a loan even with some bad credit.
Good Luck,
Robert
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