Who Knows About Foreclosures?

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Blastyourass

Blastyourass

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May 12, 2007
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Sometimes I wonder if I am fucken on mars when I post about mortgages and real estate at Wicked Fire. I know there are guys who are playas in here that keep it on the DL and I know most of them.

Foreclosures. Who else is looking at this shit? Don't act like it's some big fucken secret cuz it's not.

I have no idea why there is little interest here when it's the biggest payouts in anything. Yes, mortgages suck, real estates down, so what about foreclosures. I have a rock solid way to make money out of shit that no one wants. Do you?

So what smart people are looking at this and what dumb shits think this is a dead market?
 


Are you talking about generating foreclosure leads via affiliate marketing, or profiting off actual real life foreclosures?
 
Blastyourass said:
My favorite Joel Cumm, David Gest look a like gazzilionaire!!!!! Yes I do as a matter of fact.
Click to expand...

I was actually surprised that I do kind of look like David Gest...

anyways.

So, you've brought up this topic about 6 million times.

when are you just going to fuckin tell everyone what you really want to tell them?

how you do it sooooo well?
 
OK, if most people don't know. Where there is misery there is money. People facing foreclosure need help. Answers. Money. Solutions. SAVE MY HOME!

Profit in many ways with these. Someone that is facing foreclosure can use a bunch of services.

Now lets use or big brains.

Dullspace said:
Are you talking about generating foreclosure leads via affiliate marketing, or profiting off actual real life foreclosures?
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Not foreclsores Mr. AD. Yes mortgages, mobile homes.

I just want to know who knows some shit about this. Go look at stop foreclosure on google trends and then talk to me.

CorrectAD said:
So, you've brought up this topic about 6 million times.

when are you just going to fuckin tell everyone what you really want to tell them?

how you do it sooooo well?
Click to expand...
 
Blastyourass said:
Not foreclsores Mr. AD. Yes mortgages, mobile homes.

I just want to know who knows some shit about this. Go look at stop foreclosure on google trends and then talk to me.
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I've spent the last year making money off of people's debt fuck ups, so I feel ya. It's hot.

but draining as hell.

what can you do other than dealing with the people to make money?


Edit with a question:

is avoiding a foreclosure, or getting out of one a process that can be completed by joe blow... kind of like cleaning up your own credit?
 
Well AD, there is no way of not dealing with them. Yes, draining. Emotional basket cases. But yes money to be made like a mofo. The question is how to make it work and conquer markets.

No matter what there is work in this shit as there is in any venture.

There is going to be a huge influx in this market of debt and foreclosures like the US has never ever seen. HUGE!

Imagine finding a way to corner this market. We are talking billions of dollars. And guess where the best place to do that is? Yes, on the internet and it's not PPC.

Any ideas? I mean I have mine and I am doing those now. Its straight guerilla shit but it's working so far. I can imagine a huge internet presence.

Look at stop foreclosure google results. Is #1-3 attainable?

Like you AD, I have no SEO skils but sales skills and out of the box shit. I make money that way. I just dont know if this is realistic to enter a market and conquer quick?

I have ideas. Just need some more.
 
Blastyourass said:
Like you AD, I have no SEO skils
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I gotz Mad SEO Skills.... ahem I mean: I have absolutely no idea what seo is. I accidentally rank for everything I accidentally rank for...


So, what you're looking for is a way to get to these people when they're at their most desparate?

The best thing I can think of is to follow the trends of a person who goes into foreclosure. I mean there has to be something common with a large group.

Like... let's say your average joe goes into foreclosure within 6-8 months of everything else going to shit.

how much easier would it be to buy leads from banks with 180 old leads, then use that info to sniff out who owns a home... then use that info to figure out who's in the deepest shit, and figure out if they're going into foreclosure?

seems like with a good system, you could weed out a pretty big list and start figuring out how to hit them?

that's what I've done with other stuff.
 
several ways to make money of of people in foreclosure.

OFFLINE:

1) find individual investors to take property of the hands of the unfortunate buyers. Investor pays you a finders fee (ive recieved 3k before) for matching the buyer and seller together. Seller saves thier credit and at times can turn around and rent same property they just sold..thus not having to move out of the home.

2) if the home owner hasnt actually been served foreclosure papers you can hook them up with a subprime mortgage lender to refinance the home and get the owner back on thier feet and make a hefty commision (this is getting tougher due to decline in sub-prime lending)

I havent really messed with targetting foreclosure online but it would just be another way to get your leads. Then you run them through just like you the offline methods.
 
Yes at their most desparate but not to take advantage of them. To profit by truly helping them.

Yes, Yes!!! Follow the trend and the trend is the sheeple are doing what they have done for the last 8 years. Refinance. Most of these guys dont know thay can refinance anymore. They are fucked.

Its BK, debt consol, sell or foreclsure time. Oh wait, do I see 4 offers here????????????

So the trend is refi, no refi, debt consol? BK? Foreclsoure, sell?

To me the key is getting them at the refi stage and counsel them into your offer.

I get them because I am on the mortgage front and the only way to really effectively get them is mail and calls.
 
We need to talk.

popeye said:
several ways to make money of of people in foreclosure.

OFFLINE:

1) find individual investors to take property of the hands of the unfortunate buyers. Investor pays you a finders fee (ive recieved 3k before) for matching the buyer and seller together. Seller saves thier credit and at times can turn around and rent same property they just sold..thus not having to move out of the home.

2) if the home owner hasnt actually been served foreclosure papers you can hook them up with a subprime mortgage lender to refinance the home and get the owner back on thier feet and make a hefty commision (this is getting tougher due to decline in sub-prime lending)

I havent really messed with targetting foreclosure online but it would just be another way to get your leads. Then you run them through just like you the offline methods.
Click to expand...
 
Blastyourass said:
To me the key is getting them at the refi stage and counsel them into your offer.
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So, if someone is looking to refinance, there's a good chance they could be close to foreclosure?

I think I may have straight up fallen off the wagon?
 
CorrectAD said:
So, if someone is looking to refinance, there's a good chance they could be close to foreclosure?

I think I may have straight up fallen off the wagon?
Click to expand...


first off...CorrectAD, I want you to know that you are my hero.

No owners looking to refinance are not always close to foreclosure but most that are close will try looking around for lenders to "save them" if they give a shit about thier home.
 
popeye said:
first off...CorrectAD, I want you to know that you are my hero.

No owners looking to refinance are not always close to foreclosure but most that are close will try looking around for lenders to "save them" if they give a shit about thier home.
Click to expand...

coming from you popeye.... that means the world. ::EDIT:: is that barbara bush in your avatar?

let's say I have an online credit repair app that let's a user input the type of shit that's on their credit report.

what kind of things - typically - would I look for to determine if someone would be a good lead to contact about anti-foreclosure services?
 
CorrectAD said:
coming from you popeye.... that means the world. ::EDIT:: is that barbara bush in your avatar?

let's say I have an online credit repair app that let's a user input the type of shit that's on their credit report.

what kind of things - typically - would I look for to determine if someone would be a good lead to contact about anti-foreclosure services?
Click to expand...

Number one would be high DTI. See what their income is versus their debt. Also, the interest rate on their mortgage. Most individuals likely to foreclose already have a subprime loan (ARM traditionally) that they are paying super high interest rates on.
 
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