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In teaching workshops on how to buy foreclosure homes (often listed on a foreclosure auctions report), I often write on the markerboard in big bold letters, "Gain They're Trust to Close More Deals".
The principle of gaining the trust of the homeowner threatened with foreclosure is a deal-maker. If they trust you, they are more likely to accept your offer.
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Foreclosure is a legal process wherein a bank or a creditor takes ownership on a real property because the owner was no longer able to comply with the promissory notes that were issued to him. Once the process has been completed, it usually means that the lender has foreclosed the mortgage.
There are two types of foreclosure in most states in
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The thought of losing your home is one of gut-wrenching pain for
many people who are in the predicament of not being able to keep
up with their mortgage payment every month. Your day to day
activities can be consumed with worry and distraction, not to
mention never-ending phone calls from bill collectors. You might
ask yourself if you can avoid foreclosing and losing your
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