What Do You Do With Your Returned Mail From Preforeclosures?

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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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