You will discover the simple steps for you to purchase dirt cheap properties simply by learning how to find the owners of vacant houses and then contacting the vacant house owners.
Among the many best ways to locate bargain wholesale real estate deals in your hometown is to locate each neighborhoods that are commonly priced below the median cost of a house and are also found in working class rental areas.
Get up early next Saturday morning and start driving the neighborhoods. Have a piece of paper as well as a pencil and begin writing down the addresses of homes that look like they are vacant, deserted, boarded up, distressed, have fire damage or you name it. In the event the vacant house is ugly that is great, and when it is beat-up or run down that is better still. Write the street address down.
OBVIOUS SIGNS OF WHOLESALE REAL ESTATE AND VACANT HOUSES
Here are some of the obvious clues for distressed houses. Just one sign is definitely tall grass in the yard. Or perhaps, if you live in a snowy city and drive through neighborhoods after having a snowstorm, this is what you could observe. If the majority of the homes in the community have tracks on the driveway, but you see a home which does not, this is a good indication that nobody resides in the home and it very well could be a vacant house.
The most apparent indicators of vacant houses are generally boarded up windows, cracked windows and even shut off gas meters. There are many of signs a house is possibly not lived in, forgotten or simply vacant for whatever reason. These are the best property addresses to note down while driving through neighborhoods and build your list of addresses.
SEARCH FOR THE OWNERS OF THE VACANT HOUSES
As soon as you have your list of vacant houses and abandoned or distressed property addresses, research your local county assessor or county clerk and recorder webpage. The best way to locate the website in your local county clerk or assessor, go to Google and do a search for your county name plus clerk & recorder or tax assessor. Locate the real estate or perhaps property documents portion and try to find the street address of the vacant houses on your list.
With each and every tax record, there will be a mailing address to the owner then you have the property address of the house you wrote down. Often they are the same although occasionally they may be different. In the event the mailing address and the property address match, then the owner resides in the home. If the addresses are different, then your owner likely does not reside in the house, therefore the residence may be a rental or just abandoned. What you are looking for is to search for the address for the person who owns.
THESE ARE EASILY THE BEST DEALS
During my ten years of expertise, one of the best opportunities are houses when the mailing address and the property address are different and the owner resides in another state. These are goldmine vacant houses. Think this through, you discover a vacant and abandoned house and the owner resides more than 100 miles away, they may not realize that that they own a vacant house. They might not even know what is taking place.
This is what you will do next. When you get the name of the owner along with their address, you will use the internet and look up his or her telephone number. To do this, you are going to have their name and their home address, visit anywho.com, whitepages.com, 411.com and look up the owner information. Begin to build your record of all the people that own these types of abandoned, vacant houses.
PICK UP THE PHONE AND CALL THE VACANT HOUSE OWNER
The next phase is to pick up the phone and call the owners of vacant houses. Make the connection to the owners and start the conversation to inform them of the vacant houses. It truly is more valuable to focus on determining the motivation for selling than it is to focus on information of the home. Develop connection and just be pleasant. You would like to assist them clear up a situation. If means you end up purchasing their house, then that is great. But, if it merely ends up that you are kind enough to tell them that their house is abandoned, well that can be ok too.
The more connection you develop today with as many out of state owners of distressed houses as you can, the more likely you will be to purchase a wholesale real estate from the owner of a vacant house soon.
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