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Pre-Foreclosure Strategy

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is the time between when a property owner gets a notice that he is in default on a mortgage and when he loses his home.

You can actually help an owner who is in default by helping him make his until you can help him sell his house.

Let’s say the house is worth $200,000.00 and he has $25,000.00 in . You can offer to make the mortgage payments until the house is sold. You then take a cut of the equity plus the cost of payments you’ve made.

It could be $10,000.00 + costs.

The current owner will be able to save his if he takes you up on your offer.

That way you both come out ahead.

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