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Episode #441 Foreclosure can be a sensitive topic. After the embarrassment of falling behind on payments, there’s the fear of losing your home and having no place to live. Rather than preying on someone who feels helpless, there are ways for investors to profit while also helping the distressed seller. In this episode, we’re chatting with guest and long-time friend Laura Morby. As the daughter of a general contractor and a licensed agent by twenty-two years old, Laura was destined for a long career in real estate. Little did she know that her start as a hustling real estate agent would land her in the top 0.05% and help her become a full-time investor! Foreclosure is an issue that resonates deeply with Laura, as her father was foreclosed on after the impact of the 2008 housing market crash. Her message to homeowners? Avoid the foreclosure auction at all costs. As for investors, don’t rush into a short sale! There are all kinds of creative financing solutions that can ingratiate you with the seller and help you reach a win-win deal. Join Laura, Scott, and guest host James Dainard as they discuss the biggest pain points homeowners face today, current foreclosure rates amid a looming recession, and how to properly vet a real estate agent before working together! Show Notes at: https://www.biggerpockets.com/blog/mo... ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?... ~~~~ Join the BiggerPockets Money Facebook Group: / bpmoney ~~~~ Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch ~~~~ Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch ~~~~ Got a Money Tip to Share? Send Us an Email: [email protected] ~~~~ Hear James on the “On the Market” Podcast: BiggerPockets: https://www.biggerpockets.com/podcast... Apple Podcasts: https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/show/2NlzZ9N... ~~~~ How to Buy a Foreclosure: A Guide for Finding & Landing Foreclosed Deals: https://www.biggerpockets.com/blog/20... ~~~~ 6 Tips on Investing in Foreclosures for First Timers: https://www.biggerpockets.com/blog/ti... ~~~~ Connect with Laura: Instagram: @lauramorby or / lauramorby ~~~~ Want to Be a Guest on the BiggerPockets Money Show? Apply Here: Guests: https://www.biggerpockets.com/guest?u... Finance Friday: https://www.biggerpockets.com/finance... ~~~~ Connect with Scott and James on BiggerPockets: Scott: https://www.biggerpockets.com/users/s... James: https://www.biggerpockets.com/users/j... 00:00 Intro 00:43 Money Moment 01:31 Struggling Agent to Big-Time Investor 10:41 More Than a Transaction 16:28 The Current Foreclosure Market 27:21 What Options Do Sellers Have? 41:46 Find a Specialist! 46:50 HUGE Opportunities!