FAQs - Investor FAQs - What is a pre-foreclosure lead?
What is a pre-foreclosure lead?
Pre-foreclosure is a grace period afforded a property owner/borrower that has fallen behind on their mortgage payments. Depending on the specific state laws, it is generally a two-week to six-month window that allows the owner/borrower the opportunity to catch up on their payments. It is also during this period that the lender has started the legal process by which they recover the outstanding balance owed on the property, or repossess it.
How/where can I secure reliable pre-foreclosure leads?
There are many places to look for pre-foreclosure leads. But as an investor, to maximize your time/efficiency, you want to find a place that has all types of leads-including pre-foreclosure leads. Instead of going to a small local grocer for your meats and another for your produce, you can go to a supermarket and get all your groceries in one place. That's what you'll get from www.wehavehomeleads.com, every possible motivated seller lead you can think of, and maybe some you haven't. Pre-foreclosure leads, divorce leads, probate leads, short sale leads, relocation leads, etc. Investigate one-stop-shopping with www.wehavehomeleads.com , the supermarket of motivated seller leads.