Pre-Foreclosures

Image above courtesy Zillow

Pre-foreclosures are where a home is about to get foreclosed on if nothing is done about it. When appearing as "pre-foreclosure" on Zillow, it has typically not been listed yet. Most will not want to check the boxes for "Foreclosed or "Pre-Foreclosures" due to cost benefit analysis, but that's for you to decide. Below, I'll go over the details of pre-foreclosures & share about "foreclosed" as well:

What Happens Next on Zillow? Foreclosed Status

Pros of Pre-Foreclosures

Cons of Pre-Foreclosures

Should You Consider Them?

Finding Them

Making Contact with the Seller

 The Best Pre-Foreclosures to Look for:

Related:

• http://www.foreclosurelaw.org/Virginia_Foreclosure_Law.htm

• Finding Off-Market Properties

• Real Estate Auctions

• Should You Sell to a Cash Offer Off-Market As Is? "Patterns of Parasitic Purchasing" Per Drexel.Edu

• Zillow Search Setup

Generally Related:

• House Buyer Guide

• The Importance of Choosing a Great Buyer's Agent

• What to Look for in a Buyer's Agent for Your Home or Other Real Estate 

• What Adam Offers Buyers