Start with mailings. Indicate in your letter that you are a private investor looking
for property in that part of town. Let the property owner MBT BoostMBT Sport know that you may be able to help him with his
financial problems. Demonstrating an understanding the homeowner's dilemma will help your efforts. Indicate in
your letter that you may be able to stop the foreclosure, save his credit rating and provide cash for use in
paying his bills and/or for relocating. Be professional and gracious in your correspondence. Invite the
homeowner to call you at his convenience. If you don't hear from him in a reasonable amount of time, say three
or four weeks, follow up with another letter, perhaps worded a bit more urgently. As you get closer to the
auction date you may want to send two or more letters per month. Follow up with phone calls if you can. Be
courteous, never pushy. Never interview the owner on the phone. Merely state that in order to determine whether
or not you can help him, you will need to meet with MBT Shoes Clearance, at the property. Make sure he understands that the
meeting will be more productive and less time consuming if he will have the loan, mortgage and insurance
documents available, as well as the foreclosure notices. If you are going to make an offer on the property, you
must have the loan, ownership, and debt or lien information. You must also assess the condition of the property
and the property owner. Combined with the market value and the default amount, you have all the ingredients
necessary to formulate your offer.
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