Time-Wasting, Worthless Foreclosure Listings
As almost every professional in the real estate industry knows, there are literally hundreds of websites offering to sell foreclosure listings by the hundreds of thousands. However, there are serious concerns as to whether or not these listings are worth the money, time, and effort that they require to be used most efficiently. The problems associated with these huge lists make the process of locating quality foreclosure deals much more frustrating, expensive, and tedious than it ever needs to be.One of the main problems with these lists is that the information is gathered from public records, which may be out of date or inaccurate. Lists of foreclosed homes include not only the homes that still have occupants, but also homes that have been long abandoned. The threat of foreclosure leads many homeowners to prematurely leave their homes, in the fear that they may be evicted at any time.
Even in the case of the homeowners still living in the house, the foreclosure lists do not give relevant contact information besides the address. This gives the real estate investor very few options to begin contacting the owners of the home. The investor can send out wave after wave of mailing, but this doesn't confront the problem of homeowners who have moved out of their homes already. Looking up phone numbers through public records only serves to corrupt the process even further, with outdated phone numbers, Do Not Call regulations, and the lack of mobile phone records.
Thus, while the foreclosure lists provide a wide range of possible foreclosure victims to help, the potential investor must cast a wide net to locate the properties that can be saved. This is a time-consuming, expensive, and low-yield process that can be avoided by the simple use of foreclosure leads, as opposed to lists.
Foreclosure leads constitute actual foreclosure victims who have expressed interest in receiving help. The contact data is verified before the leads are purchased, and there are multiple methods of contacting the homeowner. Phone numbers are usually coupled with direct email addresses. This makes the process of locating high-quality foreclosure leads a much more satisfying endeavor, and puts those property owners who need help in direct contact with people who are looking for homeowners like them to provide help to. This, obviously, results in investors being able to dedicate much more of their time to helping foreclosure victims, rather than chasing after thousands of low quality lists that provide little, if any, meaningful results.
About the Author
ForeclosureFish.com provides free information to real estate professionals, as well as provides high quality foreclosure leads. Public record data is not used, and only verified information of homeowners interested in help to stop foreclosure is used. http://www.foreclosurefish.com/
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posted by Real Estate @ 9:48 AM
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