Sunday, August 26, 2007

Choosing A Foreclosure List

A good forclosure property list can make the difference between you getting a property that you really want and having someone else take it before you can get your hands on it. Investors know that they need a foreclosure list if they want to be successful, but the problem is that there are so many of them available that making a choice can sometimes be a bit tricky. If you are in this position, there are a few tips that you can follow. Use this guide and you will be able to find the home you are looking for a whole lot easier.

1. First and foremost, deal only with companies that are run by people that have been in business for at least ten years. There are a lot of companies that offer foreclosure lists that have no clue on what the real estate industry is all about. You want to make sure that you are only dealing with a company that has professionals compiling their lists. This will put your mind to ease from the very start.

2. Ask the company that you are considering how often they update their foreclosure list. You will not want to join up with a service that only updates their foreclosure list once or twice a year; this means that you will be chasing after stale leads. Make sure that the company you choose to work with has professionals who updated the foreclosure lists on a daily basis. By doing this you will ensure yourself of only seeing the properties that are available.

3. Test out the customer service department before you sign up with any service. Just like in any business, .the level of customer service is very important. You will want to make sure that you are dealing with a company that will meet your needs. If you have a question, it is important that you get a prompt, accurate response.

The company will have to have plenty of positive testimonials and references in order for you to consider them. This is important because if you can speak with somebody that has had success with a certain foreclosure list, you will be able to ask any specific questions that you may have. Top notch services usually have a strong following of investors that use them time and time again. Not all companies offer the same kinds of lists, so be sure you are dealing with a company that carries the types of lists you are looking for.