Is being first always best? - Posted by Glen SoCal
Posted by Glen SoCal on April 02, 2002 at 21:54:47:
I think that if on the day a foreclosure against my property was filed, and a ‘Foreclosure Specialist’ arrived at my doorstep, I’d probably invite them in to listen to their story. I’d want to know my options.
But I know that all folks in default don’t think alike, and also I understand that many foreclosures are cured. Some say the ‘first day’ efforts aren’t rewarded as well as the last few weeks of the process.
I would think it would be best to stay in the whole time. Is that your method? …get in first and stay with it till foreclosure or cure, whatever comes first?
My sister-in-law mentioned that some investors she knows hang out down at the courthouse waiting for leads. I dismissed her (to myself) as probably misinformed, because there are people who comb those records daily and publish them, like REDLOC.
I thought later, that as I really don’t have enough information or experience about foreclosures to have an opinion about default record retreival, I shouldn’t form one!
I have no broschure. Maybe I should get yours.
Any response you have time for would be much appreciated.