Vacant House Owner Goldmine In 3 Easy Steps
You are going to discover the simple steps for you to acquire significantly discounted
real estate by just locating vacant and abandoned houses and then simply calling the owners.
Among the fastest methods to acquire bargain wholesale real estate deals in your town is to locate any areas of town that happen to be valued under the median price of a property and are found in working class areas.
Get up early on a Saturday and start cruising the streets. Have a a small note book in addition to a pen and begin noting all homes that look like they are vacant, deserted, boarded up, distressed, have fire damage or you name it. In the event the vacant house is ugly that is great, and if it is beat-up that could be better yet. Write the home address down.
OBVIOUS SIGNS OF VACANT HOUSES
Here are some of the tell tale clues of distress. One particular sign is definitely high grass around the front yard. Or perhaps, when you are living in a cold and snowy city and drive through a neighborhood after a snow storm, here is what you would possibly see. If a lot of the houses in the town have tracks on the driveway, and you notice a home which does not, it can be a good indicator that nobody lives in the house and it could be a vacant house.
The most apparent indicators are generally boarded up windows, broken windows as well as disconnected gas meters. There are plenty of clues a house is possibly not lived in, forgotten or simply vacant for reasons unknown. These are the most effective property addresses to write down as you drive through certain neighborhoods to get your list of properties.
THE OWNERS OF THE VACANT HOUSES
As soon as you have a list of vacant houses or distressed property addresses, go and visit your county assessor or perhaps clerk and recorder site. In order to find the website for the local county clerk or assessor is to head to Google and type a search for your county name plus clerk & recorder and tax assessor. Locate the real estate or property records section and look for the address of the vacant houses on your list.
With every tax record, there is going to be a mailing address to the owner and then you have the home address of the house you wrote down. Often they are identical although at times they can be different. When the mailing address and property address match, then an owner lives in the home. If the addresses vary, then the owner does not live in the house, and so the residence might be a rental . What you are searching for is to find the address for the person who owns.
EASILY THE BEST WHOLESALE HOUSES
With a decade of expertise, one of the best deals tend to be real estate where the mailing address and the property address do not match and the owner lives more than 100 miles away. Picture this, you stumble upon a vacant house and the owner lives more than 100 miles away, they will often not realize that that they own a vacant house. They may not know what is going on.
This is what you will do next. Once you get a hold of the name of the owner and their home address, you will use the internet and research for his or her telephone number. To make this happen, you can take their name and address, visit anywho.com, whitepages.com, 411.com and look up the owners contact information. Begin to build the list of all of the owners of these vacant houses.
PICK UP THE PHONE AND CALL THE VACANT HOUSE OWNER
The next phase is to pick up the phone and contact the owner. Make the connection with the owners and initiate casual conversation. It really is more essential to focus on trying to find out the motivation for selling than it is information of the home. Develop rapport and be pleasant. You would like to help them clear up a challenge. If results in the fact that you wind up investing in the house, then that is great. But, if it solely means that you are kind enough to let them know that their property may be abandoned, well that is ok too.
The greater relationship you develop today with as many out of state owners of vacant houses as possible, the greater your chances become to purchase a wholesale real estate from a owner of a vacant house in the near future.
by: Rob Swanson
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