How do you approach an owner in preforeclosure? - Posted by JimNY

Posted by Ed Copp (OH) on April 14, 2000 at 18:25:56:

Jim,
Nothing works like face to face contact, and I do mean nothing… A huge percentage of the time this does not work either. When you do find one that will work you need to have a contract in your pocket so you can get a commitment on the spot. When it works it works real well…ED

How do you approach an owner in preforeclosure? - Posted by JimNY

Posted by JimNY on April 14, 2000 at 13:13:02:

How do you introduce yourself? and what do you say?

Does anyone have a letter that they us that they care to share?

Thanks,
Jim

Play dumb… - Posted by Paul_NY

Posted by Paul_NY on April 14, 2000 at 23:17:18:

If the situation is cold:

I will knock on the door, hand the person a business card and say, “Hi, I’m Paul XXX. I’m looking for rental property in this neighborhood. If you know of anyone selling their house, please give them my phone number or business card. Thank you”. Then walk away.

It works better if you knock on some other doors first. The ‘butterflies’ go away.

Hope this helps.