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February 7, 2006

How to use a foreclosure list

I have the foreclosure list for my area....now what? What is the best marketing strategy to use to actually buy a property? I've heard n person, postcards, flyers, ?

Great job getting the foreclosure list. Now figure out how to find those properties with the most equity. Those are your high target properties and the ones to go after.
Another variable that you want to look for is LTV, or loan to value. If the LTV is low then go after that property. It either has lots of equity of lots of liens. Either of those are attractive to you. Then go knock on the door. Leave a Flyer. Send a post card. My Rookie to Riches system has many different marketing strategies.

Posted by paulwells at February 7, 2006 7:09 PM

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