What Do You Do With Your Returned Mail From Preforeclosures?

When you mail to preforeclosures, and the mail comes back, do you give up on the lead, or follow up on it?



Comments(7)

  • bgrossnickle22nd March, 2006

    I skip trace them to find the owner.

  • vcrindc22nd March, 2006

    Is that www.skiptrace.com or is it another website?

  • bgrossnickle24th March, 2006

    If you think that everytime you ask a real estate investor a question that they are going to tell you their best insider information for making deals then you are being naive. I am at least honest about keeping some of my information to myself. Most investors would just say "google them."

  • Ababish24th March, 2006

    Unless you have a qualified reason to trace a person(lawyer related in a legal case, bounty hunter, insurance rep investing claims) the fines for wrongfully using their system, like tracking them to sell them "your plan" are $100,000 and jail. Be careful, big brother might be watching. I am a process server and there are great as well as terrible tracing sites.

  • BBagnall24th March, 2006

    Huh? There is nothing illegal about hiring a service to find someone that you are looking for.

  • Sham71827th March, 2006

    Brenda,

    What are the typical charges you pay for this service?

  • mcole28th March, 2006

    Is the property habitable? If so, you should be able to get a regular loan, and not have to go hard-money.

    I recently bought a property in TX with a slab foundation that needed 25 piers, and major plumbing work. And I did it with conventional financing.

    Maybe check with some different lenders.

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