Lis-Pendens Leads are Foreclosures are associated with borrowers who fail to repay the loan amount to the lender. In the context of real estate, foreclosures happen when the owner of a property default on mortgage payments as a result of which the lender files a Lis Pendens. In such circumstances, where the owner has no other means to repay the due amount, three things are possible. The homeowner still has possession and the right to sell or refinance the property. This represents a tremendous opportunity for home buyers and investors to make money in the real estate market. As a matter of fact, states that require judicial foreclosure actions, lenders traditionally file a lis pendens to foreclose on a mortgage or deed-of-trust loan that is in default.
Lis pendens leads are valuable data for a buyer or investor?
In the first place, the buyer or investor can contact an owner who has been served a Lis Pendens. This is beneficial in two ways. Equally important It gives you a fair chance for the distressed homeowner to sell off his property and arrange for funds with facing foreclosure. Lis pendens real estate leads are excellent opportunity to the buyer or the investor to strike gold.
Furthermore Lis-Pendens leads are available nationwide. Detailed information of the property owner, lender, address, brief description of the property, sale amount, sale date and other relevant details. Furthermore information is generally obtained from public records, the website of the county clerk and other such reliable sources.
“The early bird gets the worm” and “The squeaky wheel gets the grease” is the key to success. Finding the owner or person who can execute a deed is paramount. Start with a unique 4-6 mailing campaign. Consisting of hand written letters with colored envelopes and special markings. Technology has arrived, an effective way to communicate your intentions is post cards with pictures of the real estate imprinted. Postcards are generated fast and extremely effective.
Marketing must include working, the returned mail. People change address over time. Databases including, government databases, courthouses, property appraisers, to name a few, have outdated or incorrect information. Skip tracing is a tool to sort out address issues, and phone numbers. Skip tracing will broaden your search criteria and give you more information. For example, If John Doe has three addresses, re-mail to all three address. Not recommended to call, heirs too soon with probates and pre probate leads. Some are still grieving.
Coupled with, other techniques including, boots on the ground. Nothing beats knocking on doors. Employing all means necessary and taking no prisoners approach, is what makes it happen! What works for you depends, on the demographics of location and other factors, including personal preferences.
In a state or city near you
Above all, we help you find real estate motivated sellers with equity. A city or town near you real estate leads in Addison, Albany, Anaheim, Atlanta, Annapolis, Boston, Boca Raton, Boynton Beach, Bradenton, Buffalo, Cincinnati, Chicago, Columbus, Concord, Connecticut, North Bergen, Baltimore, Dallas, Dayton, Detroit, Dearborn, Duluth, Grand Rapids, Flint, Fort Lauderdale, Fort Myers, Houston, Hoboken, Jacksonville, Indianapolis. Kansas City, La Crosse, Los Angeles, Las Vegas, Miami, Milwaukee, Montauk, New Jersey, Newark New York, Orlando, Pittsburg, Philadelphia, Phoenix, San Diego, Racine, St. Louis, St. Paul, Scranton, Tampa, Trenton, Toms River
Probate Real Estate Investors in a state near you. Meet our staff representatives are in Arizona, California, Colorado, Florida, Georgia, Indiana, Maryland, Massachusetts, Michigan, Minnesota, New Hampshire, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia, Washington, Wisconsin.
What is the ProbatesDaily difference?
To point out, our data consists of only real estate. We connect our customers with motivated real estate sellers. We deliver.
To emphasize our process encompesess input from clerk of the court, the property appraisers, public notices and other filters. The end result is fresh real estate leads.
Unlike our competitors with turn around time of 1-3 months old leads. ProbatesDaily.com -ForeclosuresDaily.com understand the importance of having fresh data!
We only supply you with real estate leads that are fresh daily. If your are a new investor or a hedge fund we have the beef. Most timely, detailed, real estate Information on the planet. #1 nationwide real estate lead provider since 2004.