Did you know that foreclosures are up 36% and are expected to continue increasing for the next two years?
For real estate investors and agents, this projected increase in foreclosure rates creates an opportunity for new seller leads. With more properties beginning the foreclosure process, investors and agents can target homeowners in pre-foreclosure and potentially buy the property from them or help them sell before it’s repossessed.
This creates a win-win situation where a homeowner can rid themselves of a burdensome property before a foreclosure appears on their record while allowing you to secure a new listing or property.
But how can you find these pre-foreclosure leads?
Two words: PropStream It!
Find Pre-Foreclosure Leads With PropStream
PropStream offers these Quick Lists to help you find pre-foreclosure and foreclosure properties near you in just minutes:
Additionally, you can apply specific statuses and documents related to the stage of foreclosure (e.g., Notice of Default, Lis Pendens, Notice of Trustee’s Sale, Notice of Sheriff’s Sale) to narrow your search even more.
To help you feel confident browsing and creating your own pre-foreclosure lead lists, Burton (our PropStream guru) will be hosting a Live Webinar on March 14 at noon (PST) to walk you through all the foreclosure data and filters PropStream offers!
Pssst! Already have something planned on that day? Or, just want to rewatch the webinar? We’ll also post a Webinar Replay with the same juicy information you can access anytime!
In this webinar, you’ll learn:
- Why pre-foreclosures make excellent seller leads
- How to browse using the specific foreclosure statuses listed above (plus a fourth secret document you’ll have to tune in to learn more about!)
- Best practices for building a list of pre-foreclosure and foreclosure leads
- How our List Automator add-on can help you stay on top of relevant leads
The most successful real estate professionals can find leads in any market, even volatile ones like we’ve seen in 2022 and will likely continue to see in 2023. No matter what is happening with interest rates or housing prices, there are likely homeowners near you who need to sell ASAP due to unforeseen circumstances. Pursuing pre-foreclosure leads is a great place to start!
Ready to start building your pre-foreclosure list? Reserve your seat today for the Live Webinar with Burton!
Psst: Don’t forget to activate your 7-day free trial so you can follow along with the demonstration and save 50 free pre-foreclosure leads.