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Pre Foreclosure Scripts : Telephone Talk For Investors
from: Deb St. George - HomelessInKingCounty.comWhen you have entered the world of real estate investment, either as a full or part time job or opportunity, it is important to have a series of pre foreclosure scripts. Telephone talk outlines and checklists are essential both when you are talking to the homeowner as well as when you are talking to the bank or lender and discussing or negotiating a short sale. These pre foreclosure scripts, telephone talk outlines or checklists should be developed well in advance and reviewed to ensure that you have included everything that you need to cover in the phone conversation. Nothing will irritate either a homeowner or a lender more than having repeated calls from the same investor to keep filling in information missed when there are no pre foreclosure scripts. Telephone talk outlines can be found on the internet or in investment courses, however they can also be developed with a bit of thought and consideration.
To develop your own personalized pre foreclosure scripts, telephone talk outlines or phone checklists consider the following key elements:
• Include a space for the property physical address and location, the name of the current homeowner and the name of the lending company
• Keep a space or blank line where you can write in the loan or foreclosure officers name and direct line phone number. This will help you be able to call them back and address them by name during the conversation.
• Provide a short two to three sentence blurb about yourself and your experience as an investor. Banks and lenders do want to know who they are dealing with and what their current level of knowledge is about the process.
• If you have dealt with a loans officer from the particular lender before, be sure to mention this in your introduction or script. A great idea is to leave blanks in the script, print it out and fill in the blanks with the relevant information before and during the call.
• Provide the information that you may already have on the home including the owners hardship situation, the property's market value and the price at which you are willing to start negotiations.
• Include a list of questions you may wish to address directly to the lender regarding the short sale process or the documentation required to start the short sale.
Practice your pre foreclosure scripts, telephone talk outlines and checklists to make sure they sound natural and not like you are reading off a page. Keep in mind that you need to be flexible and respond to the person on the other end of the line, not just follow along with the script if they are asking questions or providing further information.
Pre Foreclosure News
Fewer new mortgage problems in Maryland, more older ones - Baltimore Sun
 e-wisdom.com | Fewer new mortgage problems in Maryland, more older ones Baltimore Sun There's an argument brewing over why Maryland has a big backlog of pre-foreclosure and foreclosure cases -- the so-called "shadow inventory" that, odds are, will eventually become short sales or hit the market as bank-owned deals. Washington mortgage delinquencies up, foreclosures down Maryland's New Mortgage Delinquencies Improve |
Foreclosures hit pre-recession level - UPI.com
 CBS News | Foreclosures hit pre-recession level UPI.com IRVINE, Calif., May 17 (UPI) -- US properties in foreclosure fell to their lowest total in April since before the recession, a private online marketplace for distressed properties said. RealtyTrac said one in every 698 US housing units was involved in ... RealtyTrac: Have Foreclosure Actions Really Dropped? Washington metro area foreclosures down 7.9 percent in April Foreclosures down, short sales up. Are banks getting smart? |
HUD Study: Housing Counseling Helps Prevent Foreclosure - Banker & Tradesman
HUD Study: Housing Counseling Helps Prevent Foreclosure Banker & Tradesman Both the pre-purchase counseling and foreclosure counseling studies enrolled clients in the fall of 2009 and early 2010. "These two studies underscore the need to continue supporting housing counseling programs across this country, especially during ... HUD STUDIES SHOW HOUSING COUNSELING HELPS FAMILIES PREPARE FOR HOMEOWNERSHIP ... Homeownership Preservation Foundation Comments on Latest HUD Studies to Prove ... |
In the Marketplace: Home sales in Harrington Park and Passaic - NorthJersey.com
 NorthJersey.com | In the Marketplace: Home sales in Harrington Park and Passaic NorthJersey.com "The shadow inventory of properties in some stage of foreclosure is not prevalent in Harrington Park," said Kevin Hill, sales associate at Friedberg Properties & Associates, River Vale. "There are three homes in the pre-foreclosure stage, ... |
Hunting for property in pre-foreclosure - Washington Post
Hunting for property in pre-foreclosure Washington Post Is there a report that I can find or buy that shows pre-foreclosures? A: Congratulations on selling your home so quickly. We have been hearing that in some neighborhoods across the country — even in Georgia — home buyers are starting to make offers ... |
Pre-NATO summit protests target evictions, foreclosures - Press TV
 Press TV | Pre-NATO summit protests target evictions, foreclosures Press TV The demonstration included members of "Occupy Chicago" and Communities United Against Foreclosure and Eviction, a Chicago group. Reuters A week before the NATO Summit lands in Chicago, eight protesters were arrested Monday inside the building that ... Chicago NATO Summit: Unilateralism, Protests, Media Coverage |
Homeowners Consumer Center Now Urges Homeowners Nationwide Facing A ... - San Francisco Chronicle (press release)
Homeowners Consumer Center Now Urges Homeowners Nationwide Facing A ... San Francisco Chronicle (press release) The Homeowners Consumer Center has endorsed the law offices of ME Ludt for any US homeowner seeking assistance with a loan modification, mortgage workout, foreclosure defense, or pre-foreclosure related issues. The group says, "With so many non ... Homeowners Consumer Center Endorses The Law Office of M. E. Ludt, LLC For U.S. ... |