What could be the best way to reach out to people that are affected by foreclosures? How to effectively communicate with them and offer a solution to their problem?
Take a look at this short video and learn the answers from Jay Conner & his guest Dwan Bent-Twyford.
Dwan started as a broke, single mom who had been fired from Denny’s! Having nowhere to go but up, she started rehabbing foreclosures.
Fast forward 30 years to NOW. Dwan’s insane amount of investing knowledge and her unique, open-style, and down-to-earth personality make her a highly sought-after podcast guest.
Her latest book was also a New York Times Best-Seller co-written with Steve Forbes called “SuccessOnomics.” Mr. Forbes chose Dwan to help write his book because he, also, considers her to be one of the nation’s top real estate investing experts.
Dwan has closed over 2,000 real estate deals through flipping and rehabbing. She is the founder of Dwanderful; a company that specializes in teaching real estate investors how to become millionaires and live their dreams!
Click on this link to watch the complete episode: https://youtu.be/Pk_ai5a9udg – “Helping People Getting Through Foreclosures with Jay Conner & Dwan Bent-Twyford”
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Jay Conner:
You know, you've been tracking and watching the foreclosure market for many, many years in today's market. What is your best way or your favorite way to actually reach out to these people that are either behind on payments or in foreclosure to communicate with them, to offer a solution to their problem?
Dwan Bent-Twyford:
I think one of the easiest things for, especially for a new real estate investor is to get online with the County courthouse. The County courthouse shows all the people that are in foreclosure. And I understand there's like a moratorium on actually foreclosing on people, but that doesn't mean people aren't getting placed into the foreclosure process. So you're going to find online, not online at the courthouse. You can find all the foreclosures, the people going through divorce, that people filing bankruptcy the probates, you can find all of those people online as free. So for someone that's new, doesn't have a lot of money doing a lot of experience, you know, free, always free is always great free is great, but what's happening is a lot of people are literally just moving out of their houses and they're moving back with family and families are starting to live together again.
And people are just walking away because they're not going to be able to catch back up. So that's going to cause two things it's going to cause short sales to go crazy. Again, there's a banks are going to have a kid, Joanne houses sitting there that with people that are in foreclosure and it's going to cause the bank to do loan modifications, which is where the bank runs, your credit checks if you have income, you know, make sure you have a job and all that. And then they, they may take the payments and put them on the back and, you know, get you back on track. But you have to qualify for that. So if you're still on unemployment and you are, you're making less or part-time, you're not going to qualify. So that's going to put people in a situation of being in a forbearance or in foreclosure or just walking. So I'm telling real estate investors, what's the top two things I feel is subject to's and short sales.
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