You are about to learn the easy ways for you to acquire significantly discounted properties just by learning how to find the owners of vacant houses and by getting in contact with the vacant house owners.
One of the most effective approaches to locate cheap wholesale property deals within your town is to locate all the neighborhoods that are typically priced on the low side of the median cost of a home and are generally found in working class rental areas.
Get up early on a Saturday morning and start driving the neighborhoods. Take a note pad in addition to a pen and start noting all the addresses of houses that appear to be like they are vacant, deserted, boarded up, distressed, have fire damage or you name it. In the event the vacant house is and eye sore that is ideal, and when it is beat-up or run down that is better still. Write the home address down.
SIGNS OF WHOLESALE REAL ESTATE AND VACANT HOUSES
Here are a few of the tell tale signs for distressed houses. Just one clue will be tall grass in the yard. Or maybe, in the event you live in a snowy state and drive through a neighborhood after a snowstorm, this is what you can see. If almost all of the residences in the community have tire tracks in the driveway, but you see a property which does not, this can be a great indicator that nobody resides in the house and it might be a vacant house.
The obvious clues of vacant houses tend to be boarded up windows, broken windows and also turned off gas meters. There are a variety of signals that the home is possibly not lived in, deserted or simply vacant for reasons unknown. These tend to be the best property addresses to write down while you drive through certain neighborhoods and build your list of homes.
SEARCH FOR THE OWNERS OF THE VACANT HOUSES
Once you have a list of vacant houses and abandoned or distressed property addresses, take a look at your county assessor or maybe clerk and recorder online. A fast way to locate the website in your local county clerk or assessor, visit Google and type a search for your county name plus clerk & recorder and tax assessor. Find the real estate or property information area and look up the home address of the vacant houses on the list.
With just about every tax record, there will be a mailing address to the owner and you will find the property address of the house you wrote on your vacant house list. Many times they are identical and at times they may be different. In the event the mailing address and property address match up, then your owner resides in the home. But, if the addresses are different, then an owner does not reside in the home, therefore the property can be a rental or just abandoned. What you are looking for is to find the address of the owner of the property.
THESE ARE EASILY THE BEST DEALS
With 10 years of buying cheap houses, one of the best opportunities are usually real estate when the mailing address and the property address do not match and the owner lives more than 100 miles away. These are goldmine vacant houses. Think this through, you stumble upon a vacant and abandoned house and the owner lives more than 100 miles away, they may not even even know their tenants have moved out and abandoned the home. They might not know what is going on.
Here is what you should do next. When you finally get the name of the owner in addition to their address, you are going to use the internet and look up his or her contact number. To start, you will have their name and their address, go to anywho.com, whitepages.com, 411.com and look up the owners contact information. Start building the record of all the people that own these abandoned, vacant houses.
PICK UP THE PHONE AND CALL THE VACANT HOUSE OWNER
The next step is to pick up the phone and call the owners of vacant houses. Make the contact to the owners and just start casual conversation. It is more essential to focus on determining the motivation for selling as opposed to to focus on the details of the house. Develop relationship and always be pleasant. You are trying to assist them solve a situation. In the event it results in the fact that you end up buying their property, then that is great. If it just ends up that you were kind enough to tell them that their property is abandoned, well that can be just fine.
The more rapport you develop today with as many out of state owners of vacant houses as you can, the more likely you will be to purchase a cheap houses from the vacant house owner soon.
