Postcards Good For Foreclosure Mailing?
Just wondering if anybody here uses postcards to mail to people who are in the pre-foreclosure state?
I go through the courthouse records and pick up anybody who has a NOD - and I mail to them.
Would postcards work just as well as a letter? Or should I stick with doing letters?!?
Thank you,
[addsig]
Yeah
I would like to know that too
Niceguy
It doesn't look as if anybody has an opinion on this topic?!?
Can anybody help here?
I guess I should ask also - are postcards too "public"?? What I mean is that a letter to the owners is much more private and confidential. Will owners typically get upset that a postcard comes in that says "Need to avoid foreclosure?" or something of that nature?!?
Thanks!
[addsig]
for me letters have more of a personel touch and if they reply it is more on a personel level which is where i want them when dealing directly with them.....kenmax
To tell you the truth it doesn't really matter. These people need help anyway you can reach them through mail will be beneficial to them. Now on the other hand if money is an issue postcards are much more cheaper and easier to handle. Good Luck !!!
The post cards are effective as they don't have to open it to read it. Letters can be thrown in the garbage as one is to lazy to read the "junk Mail" to even see the value. Post cards are cheaper and one can read it with out opening it. Make the post card personal too and you have a better www.chance.This method was approved my the master of P/O.
Personally, I have used postcards. For one they are cheaper and in Southern California right now you need to send out a lot of mailings to get even one response. Secondly, owners in my area who are in foreclosure typically get between 20 and 40 pieces of mail a day. Most owners throw out anything that they do not recognize. At lease a postcard has a chance of being read before being disposed of. Bottom line, I really have not found mailing to be very effective. If you really want to get your message in front of the homeowner go out and knock on their door. It takes a little more time but the results are much better.
I'm very interested in this topic. I have tried going and knocking on doors. Please be very careful you will meet to very angry and disturb individuals. I am actually revising my idea of knocking on doors after being confronted with some nasty people. Remember a lot of these people are still in denial and feel that you are trying to take advantage of them. Can anyone help me with some key phrases they use to help with this process.
Rns, I knock on doors too. First they got to like the messenger before they listen to the messae. You have to blend to the territory, be sypathetic, be their "neighbor" sort of speak and watch their trust open up to you...then you let them have it... "I think I got a solution for you".... You don't want to show up in suit n tie to a low income neighborhood, capeesh!
I have read tons of material and posts regarding this subject because I am trying to figure out how to get my leads rolling in. After reading Richard Roop's website and his articles I believe I'm going to try some oversized postcards. They are cheaper and you get more for the money.
Using post cards in contacting folks in foreclosure is not recommended!
Thank about how your customer would fill when they receive a post card that any one can read!
I use a letter with the following verbiage:
Saturday, July 03, 2004
Dear Betty & Zjerry xxxxx:
In the public record of Greene County, I note that a foreclosure action has been filed against your property and you may not be aware of this. If this is the case, I urge you to contact your lender, to clear this issue promptly. Your home is at risk.
Perhaps I can help; I am a serious real estate investor with experience in the foreclosure process.
I am looking for houses in any price range. I can pay cash. I can take over your payments, or lease your house right away.
If I may be of service in this matter, it would be my pleasure to do so. You may contact me at 417-894-8776, by mail to the above noted address or by email. I look forward to your reply.
You can get the cash you need in as little as seven days. I handle all the paperwork and I pay all closing costs.
You’ll get a quick sale with no hassles, and your worries will be behind you.
Don’t wait until it’s too late to get the money you deserve from your house. You deserve a fresh start, and I can help.
CALL ME TODAY to find out how I can help.
Sincerely,
John Michael
P.S. This may be the opportunity you’ve been waiting for. Call me
now at 417-894-8776, so we can get started right away!
Just curious...
I read about folks that mail (postcard or letter) directly to the target of foreclosure. I also read about folks that blanket mail neighborhoods for deals in general (not necessarily foreclosure).
Now, has anyone targeted the foreclosure owner and blanketed the block (with perhaps a different mailer) at the same time? Sure, you might pick up a deal from someone else...but maybe the guy in foreclosure is friendly with the neighbors. A trusted neighbor who knows about the neighbor's problem and seeing your mailing might talk to your foreclosure target and recommend selling.
Yes, there's a lot of what-ifs and planetary alignments and all, but just wondering if it's been tried.
yes we use post cards all the time. We move from a different prospective as I lead with a foreclosure loss mitigation venue.
Believe it or not, I wrote a small 10 page booklet that I send out explaining what I do- only takes one stamp. I quadrupled my response over letters or post cards. Costs alittle more, but the return is much greater.[ Edited by miraclehomes on Date 08/04/2004 ]
I think a subtly written oversized postcard is most effective. Avoid blatant references to their financial woes, but get the point across that you are looking to purchase a home in the area and were wondering if they might be interested in selling. Give your telephone number and wish them good day.
To go into so much detail makes you sound sophisticatedly devious and pretentious. Offering things such as "the owner's financial salvation," or quick cashouts could offend the seller and make you appear like a wheeler-dealer type.
It's best to pique the owner's interest by speaking in general terms. If their situation is ideal for an investor, they will contact you. Regarding mailings, short and sweet is the way to go.
Hey,
I don't think there is any right or wrong answer to what to mail out.
If you are mailing a postcard and getting a good response...good for you.
If you are mailing a 4 page brochure and getting a good response...good for you.
If you are mailing a 250 page book and getting a good response...good for you.
Keep doing what works for you and fine tune it along the way.