It’s interesting that since the end of the pandemic, there have been millions of people who stopped making their mortgage payments across the country.
The government keeps offering support and interference to allow these homeowners to stay in these homes.
The big question is how long will noteholders allow this to continue.
We’ve already seen thousands of new foreclosures come into the marketplace each month but that’s nothing compared to what is really on the books.
When will the foreclosure market pop?
We’ve already seen a shift in the real estate market.
With climbing interest rates, crushing inflation and well… everything else.
Now is the time to start picking up foreclosures and getting good at the skills necessary to be the first one to their door to offer them a solution and a little compassion.
A great place to start finding these foreclosures is GovernmentAuctions.org. They have been listing foreclosures since 2002. You can set up and account to get notified every time there’s a new foreclosure listing in the area.
Another great tool is BirdDogBot that finds deals for investors and also allows you to share any out of the area deals in the network to earn by referring to other investors.
Real estate is the one area in the United States and around the world that can help the common person build wealth. Figure out how to leverage it or someone will take it from you.