Posted by Hank FL on October 30, 2003 at 18:31:58:
First before the lis pens, 1st after the lis pens, 1st after the FJ, and a few days before the auction.
One never knows when folks are going wake up & cut their losses.
Door knocking… - Posted by John-Fl
Posted by John-Fl on October 30, 2003 at 16:47:45:
I’ve mustered up enough cajones this week and have knocked on 15 doors in 2 days. With all the talk about “being first” I have managed to run that through my head a few too many times and confused myself.
Is the train of thought to be 1st when the Lis Pendens is filed or when the final judgment amount and sales date are set?
The reason I ask is because while researching the foreclosures that have sales dates coming up I notice that some of them have not made payments since 2001 and even saw one that slipped through since 1997! Would I want to be 1st when they first were issued the Lis Pendens? Or now that the date is set be first?
Either way, it’s been a pretty cool experience and plan on adding it to my overall plan of attack.
John-Fl
Re: Door knocking… - Posted by Brad (CA)
Posted by Brad (CA) on November 01, 2003 at 23:18:20:
I did this for a couple of weeks and ultimately had to can it. Now I prefer to simply call. I spend less time in transit and they feel less threatened. When I was doing it I always missed a ton of people so I developed a kind of form note I would leave with a business card, but I’d spice it up with phony 1million dollar bill’s I picked up from the magic store. Didnt get any deals, but it was fun while it lasted!
I kinda feel like a putz, but Lis Pendens is for a judicial foreclosure state, yes? So dont know too much about the timelines and what not…CA is non-judical so we get the NOD…NOTS…TS. In a sellers market, it was recommended to me that I go out right about 4 weeks before the sale or at the NOTS instead of right when the NOD is filed.
Best,
Brad
Re: Door knocking… - Posted by rm
Posted by rm on October 31, 2003 at 06:31:31:
If you’re going to door-knock, it seems to me that you’ve got to have it incorporated into a plan that includes direct mail.
What if they’re not home when you stop by? Shouldn’t you leave something at the door?
What if they’re not motivated today… but suddenly are tomorrow? Do you honestly think that they’re going to keep your card?
There’s just no way to predict when they’re actually going to get motivated. If, as Woody Allen said, “80% of success is just showing up,” the unspoken assumption is that you’re showing up at the right time.
To me, that means showing up in a variety of ways, particularly in ways that don’t take up a lot of my time.