The #1 Way to Reach out to Homeowners in Foreclosure скачать в хорошем качестве

The #1 Way to Reach out to Homeowners in Foreclosure

In the sixth part of the foreclosure series, Pace Morby and door-knocking expert Michael Franke break down the foreclosure process and provide valuable insights for real estate investors. They dive deep into what preforeclosure is, the foreclosure timeline across different states, and the best times to reach out to homeowners in preforeclosure. Michael explains the intricacies of notice of defaults (NODs), who actually forecloses on the house (hint: it’s NOT the bank), and where investors can find these notices. They discuss the mindset of homeowners in default and Micheal drops tips on when to approach them, especially if the homes are vacant. To illustrate when an NOD happens and when to reach out, Michael shares a compelling story about door-knocking a homeowner who wanted to move out due to a death but still wanted equity. The video also covers the probabilities of securing a deal at various points in the foreclosure process and what homeowners might be considering, such as for sale by owner, bankruptcy, or loan modifications. Michael emphasizes that homeowners often turn to creative finance options in the last 10 days of foreclosure, after exhausting all other routes, because you, as the investor, have provided significant value and built trust. Pace and Michael highlight the importance of building relationships with homeowners in foreclosure, explaining that trust and rapport are key to successful deals. They answer the crucial question of why investors need to engage early in the process rather than waiting until the last hour when sellers are most desperate. For anyone interested in real estate investing, especially using creative finance strategies, this video is a must-watch. Learn from the experts themselves how to navigate the foreclosure process and build strong relationships with homeowners to close the best deals. Don’t forget to like, subscribe, and hit the notification bell for more insights on creative finance and real estate investing. Connect with Michael:   / michael_franke   Subscribe to Michael’s Youtube:    / @michaeldfranke   ► Join The Subto Community & Learn Creative Finance Directly from Pace:✌🏼 https://subto.sjv.io/g1EY4g ► Join Our Free Facebook Group to Connect with Pace and his Students: https://paceapproves.com/freefb-yt ► Subscribe To My Second Channel:    / @thepacemorbyshow   ► Listen To Pace and His Students Share Insider Secrets To Real Estate Investor Success: https://getcreativepodcast.com/ ► The Ultimate Exit Strategy for Subto Deals: https://splityourpad.com ► Become a Top Tier Transaction Coordinator and Make Money Doing The Paperwork For Real Estate Transactions: http://jointoptiercommunity.com/ —---------------------------------------------------------- ► Get Our Vulcan7 Code: https://www.vulcan7.com/pace ► Get Our BatchLeads Code: https://batchleads.io/pace ► Get Access To Privy https://Startwithprivy.com —----------------------------------------------------------- 🔌 PLUG IN & SUBSCRIBE 🔌 Instagram:   / pacemorby   TikTok:   / pacemorby   LinkedIn:   / pacejordanmorby   🗝🗝 FREEBIES 🗝🗝 📑 FREE assignment contract: https://go.www.pacejmorby.com/assignment 📑 FREE wholesale contract: https://go.www.pacejmorby.com/wholesale 📑 FREE cold calling script: https://go.www.pacejmorby.com/coldcal... 📑 FREE cold texting script: https://go.www.pacejmorby.com/texting 📑 FREE foreclosure script: https://go.www.pacejmorby.com/foreclo... 📑 FREE disposition checklist: https://go.www.pacejmorby.com/dispo 📑 FREE comping cheat sheet: https://go.www.pacejmorby.com/comping 📑 FREE guide to pulling a water list: https://go.www.pacejmorby.com/water 📑 FREE guide for taking photos on appointments: https://go.www.pacejmorby.com/photos 📑 FREE seller lead form for talking to sellers: https://go.www.pacejmorby.com/seller 📑 FREE profit and loss template: https://go.www.pacejmorby.com/profit-... #RealEstate #Investing #CreativeFinance #Subto #RealEstateInvesting #PropertyDeals #RealEstateTips #Finance #InvestingTips 🚧🚧🚧 DISCLAIMER 🚧🚧🚧 ❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY ❎