Stop Forclosure Website Affiliates
I've recently discovered a number of websites which advertise "Stop Foreclosure, Save Credit, etc..." and investors can become affiliates and recieve all the leads which come in from the areas they're interested in. The reason for my post here is twofold:
1. If this is something anyone is interested in, but has not heard of, then you may wish to look into it.
2. I'm wondering if any of you currently participate in any of these programs and what feedback you may have.
At this point, I'm not sure I'm all that interested in joining one because my girlfriend and I are already sending letters/postcards to all the preforeclosures in the areas we're interested in, but I would love to hear any feedback anyone may have.
Another tip: there are quite a few of these websites, so if you're interested in them, you may wish to search for them on all search engines to see which ones pop up the most. (I certainly hope nobody interprets this as an advertisement). 
I thought about doing that...
I did some research and found someone in my city that was doing that. It appears that the site broadcasts tv commercials all over the U.S. and has people call in and fill out some basic info. They in turn sell these leads to their affiliates for $50 per pop minimum of 5.
You are trained to become a loss mitigation person for the one being forclosed on...However there are caveats. The one being foreclosed on has to have cash, and ability to make some payments up.. generally the broker / mitigation specialist will make a minimum of $1K from the deal.
With the local, here is what happened with her. She has done 1 deal out of the first five leads they gave her.
Oh yeah, the payment for this programs is only 1K (not sure if same company though) and the first three deals they take back $333.33...
The local lady. Well she hasn't had the cash to buy the leads, and as she told me "especially when they opt not to follow thru or get other cash to pay off ."
So, sounds like a good deal, is not guaranteed always... but that goes with anything. Do your due dilligence, call some existing business people and find out how they are doing. That is what I did, and decided I'd save my grand....