Special offer

How nosy are you? (I could use your help)

By
Mortgage and Lending with Prospect Mortgage

An agent and I are trying to get creative....creative is the word for nosy! She knows of a local agent that is leaving the business and state along with 25 properties to go into foreclosure.  She wants to get ahead and start calling on the banks that hold the loans to see if she can represent them. The problem is, public records are not up to date. The loan holders that show on public records have since sold the loans.

Any ideas on how we can get better records before they hit the foreclosure list? I woke up with the idea of, if he is a good friend of hers maybe we can pull his credit to get the list of mortgages....not without his permission which personally I think is a long shot.

Where would you go to get the info you needed to market yourself?

I hope this is a good challenge for Active Rain!

Thanks for your help! Catherine

Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

IF the properties are not IN foreclosure....the seller is still the contact....and another remedy would be IF the agent is maintaining her license...ie thru whatever is required there...here it would be continuing education credits...offer to pay her a referral fee....Good luck !

Dec 09, 2008 12:14 AM
Randy Parker
Real Living Advantage - Dalton, GA

Can you ask the agent who holds the loans, if not contact the last lender and ask if they can give you the info.  I ran one down through Country Wide some time ago that had been sold three times.

Dec 09, 2008 12:16 AM
Lanette Branch
Taylor Properties - Bel Air, MD
Bel Air, MD Real Estate Agent

Do you have a good contact at a title company? They can be worth their weight in gold - wink, wink.

Dec 09, 2008 12:40 AM