Using Craigslist and Other Free Methods to Find Sellers

There's one category of buyer that is always available, either the store is strong or weak: the "Don't Wanter." These are the citizen who beg you to take their house. They are ready to give you the deed. These are the citizen approximately always willing to accept your terms. Come up with a Don't Wanter and it's your lucky day!

How do you find Don't Wanters?

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1. Search the local paper and local shopper for ads with headers that read: "Desperate!" "Must sell now!" "Lost Job Must Sell" or "Transferred Must Sell." The tone of the ad often gives away the degree of motivation.

2. Craigslist, Backpage and Kijiji comprise For-Sale-By-Owner listings for many parts of the country. Look for the "must sell" desperation Fsbo sellers in these sources and sense them.

3. Target specific neighborhoods and do drive-arounds. Look for homes that need maintenance but are still lived in. Target these owners for your postcard and letter campaigns production it very clear up front that you buy quickly and that fixer-uppers are ok. If you are seen as the one who can solve their problems quickly, and you are persistent in contacting them, you're the one they'll call first.

4. Look for the citizen who are in foreclosure and are getting close to the sale date. You can find them in the legal notices section of your local newspaper. These citizen will be most motivated to find a explication to their problem. The homeowner is likely to see a short sale as the only option out of the foreclosure.

5. Get lists from mortgage brokers of citizen who have not been able to refinance. These individuals may be facing a mortgage emergency soon and will have to sell.

6. Check the disjunction filings in your area. Very often citizen who are in disjunction are anxious to liquidate their holdings in order to split their assets.

If you are seeing for multi-unit property, send letters to citizen who have owned the property for over 10 and 20 years. These individuals are often seeing to cash in and retire. They may accept a ageement for deed that will bring in steady income, but will free them of the worry of being landlord.

Look for out-of-town owners, particularly of singular house and small multi-family units. In many areas rents have fallen well below mortgages for these small-time investors, and they are losing money every month. In many cases these Investors are running low on funds and need to sell quickly in order to avoid foreclosure.

Similarly, probate property owners are often anxious to cash in and move on. They don't want to spend lots of time and money fixing up a property in order to get top dollar for it, and they often do not have much sentimental or vested interest in the property. Often the heirs will rule for a wholesale price just to get the property sold.

Take a good look at the property before you buy it. You want to make sure that you don't inherit any high-priced question properties.

Look for the Don't Wanters in your community and you'll have a steady flow of business that is often fairly indiscernible to your competition.

Using Craigslist and Other Free Methods to Find Sellers

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