How To Find Short Sale Leads

Finding short sale leads is a heck of a lot easier than you may think. You are looking for someone who needs to sell their house and has little to no equity, which is common in today’s market.

The motivated home seller that you are looking for should be behind on mortgage payments, about to be, or have a very legitimate hardship.

Some examples of a valid hardship are job loss, divorce, death, and illness. Typically 90 days behind on payments is ideal to start negotiating with their bank but less is definitely possible.

If you talk to a homeowner who seems to be walking the line of being able to pay, keep their contact information for the future. Chances are that a person who seems to be having a hard time now is just a few payments away from delinquency.

Learning how to short a mortgage loan is a great way for a real estate investor or agent to profit big and help someone at the same time.

A great way to find leads for a potential short sale is Craigslist. This is an online free classified ad posting site that always has motivated home sellers who are looking for your help.

Direct mail to homeowners who are in foreclosure always works. The downside is finding reliable lists and contact information for those that are in pre-foreclosure. Postage is also getting very expensive.

Motivated home seller lead generating sites such as Sell House America are also great resources for finding short sale foreclosure leads.

Get Our Free E-Course Training Guides and Tips

Return to Short Sale from Short Sale Leads
More Info...