Читать книгу Foreclosure Investing For Dummies - Ralph R. Roberts - Страница 63

Weighing the drawbacks of waiting for the foreclosure notice

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Although the posting of the foreclosure notice delivers some valuable benefits to foreclosure investors, it also heats up competition among investors, all of whom are looking for the best deal. As soon as that foreclosure notice is published, every foreclosure investor working the pre-auction circuit catches the scent and heads out to research the property and contact the homeowners.

When you’re buying properties from distressed homeowners pre-auction, finding out about prospective foreclosure properties before the posting of the notice often gives you a competitive edge. Networking (discussed in Chapter 6) provides the earliest leads. Reading the notices as soon as they’re posted and acting quickly to contact the homeowners is the next-best option.

Foreclosure Investing For Dummies

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