Got Foreclosure! - Blog

I wanted to share this great resource for anyone who is doing short sale and loss mitigation work. It’s a large list of phone numbers and other contact information of loss mitigation departments. I’m not sure if it’s being maintained and updated. So, for what it’s worth, here it is (Click here.)

BTW: We’re actively looking for short sale homes in high-end neighborhoods. If you are an agent or investor dealing with these and you would like to save time and make more commission at the same time, let me know! - send an email to shortsalehelp@GotForeclosure.com.

If you are a bird dog, consider joining our team and specifically prospect for short sale deals in high-end areas! Join here, and send me an email to ask for more info.

The negative press that real estate is currently getting has many rehabbers on edge, on the sidelines or out of business. They’re missing the boat, because they can’t seem to find the niche that will allow them a healthy profit while adding value to the market place.

The three big mistakes are:

1. Letting “foreclosure resale” comparables confuse you.

2. Not knowing the true ARV for a home in good condition.

3. Trying to make all the money on one deal (aka the greed factor).

3A. Limited thinking - don’t limit yourself to the “fix and flip” exit strategy in this market! The more you can “buy-and-hold” in a sever REO market, the better.

Need help with financing? Check out this free resource and get all the hard money and private money you’ll ever need for your deels (click here).

Ready for some great REO deals? Visit CaWHolesaleDeals.com and surf around…

Large 2-story, 4 bedroom, 3 baths - Great Investment

Look at the movie to walk you through this home. It needs major cleanup, but it was built in 1997 and has great potential!

Watch Part 1 - The Main House (scroll down for Part 2!):

E 110th St
Los Angeles, CA 90059

Assessed value: $419,000
Last sold: $450,000 (11/17/06)

Our cash price: Only $169,000 (includes assignments)
Repairs: $25,000
Quick sale value in good condition: $298,000 (there have been several recent sales near $400,000)

Email now to lock in this great property: tom.b@CaWholesaleDeals.com

Need financing for this deal? - We can help!
Ask me how, and get this

FREE resource for all the funding you can handle!

Part 2 : Back lot and Units:

ATTENTION: Bird-Dogs, Property Finders, Real Estate Agents!

We are actively looking for high-end properties (preferably $1MM+) that are upside down and need a short sale to be sold.

If are frustrated by the hours and hours you’ve spend on the phone with brain-dead loss mitigators, bring these deals to us! Almost every day I talk to or hear from agents who even have a qualified buyer lined up to buy the property at a reasonable price, but the bank won’t talk…

It doesn’t have to be that way! We have tapped into the power of professional short sale negotiation. We can get many of your dead deals done AND pay you between 6 and 9 percent total commission - guaranteed!

I know, this sounds like a sales pitch, but it really isn’t. Once you experience the relief of handing over your negotiations to a sophisticated team you will bang your head and ask “why didn’t I discover this earlier?”

The sooner you get started the better! Email me now at tom.b@GotForeclosure.com so I can get you our information package and we can get started on your deals.

Bird-dogs and property finders: We’re actively looking for ground crews who can door-knock, and distribute our marketing materials locally, as well as submit deals and take pictures. Sign up FREE at

http://GotForeclosure.com/team/ (any area with high-end properties preferred!)