RealTimeDefaults.com has compiled a  Guide to Defaults (Pre-Foreclosures) to assist in answering some of the basic questions about a default.   We are not Real Estate Experts, however, the Real Estate Professionals have assisted us in creating this is guide to help you better understand what a default is and how it can help.

The Mighty Pre-Foreclosure

What is a Default?

A default is a basic document that is filed at a county recorders office when a home owner has not paid their mortgage for a period of time that classifies them as being in default of their loan.  When this happens the loan institution usually files a default form to begin proceedings to place the house up to auction.  The time from the filing to the auction is around 3 months.  This varies from state to state, however, they usually follow this rule.  When a house goes into default, the owner is considered to be motivated at this time you can negotiate a deal with them to acquire their house before it goes up for auction. 

What makes a Default so Special?

A default is the time span between the filing and the auction.  During this period the home owner is usually more motivated and possibily more open to new ways to sell their property without ruining their credit and chance at buying a house permanently.  This gives the Creative Real Estate Professional a small window to assist them home owner and profit from this endeavor.

Why Defaults?

Depending on what type of strategy you may or may not incorporate defaults into your strategy.  However, if you are here, you probably already know how profitable they can be. 

How do I use a Default?

For this we continue our discussion at our how to use a Default List Area. Visit this area and learn what others have used and what we recommend 

What does RTD include in the list?

How much do they cost?

RealTimeDefaults.com sell defaults with its membership packages. Packages are only $20. As a member you will received a list for no more than a dollar per week.  Less then a cup of coffee.

Why is it more than a subscription to pre-foreclosure search engines?

RealTimeDefaults.com uses today's top technologies to obtain the newest defaults and gives them to you in several usable formats.   You have the freedom and time to move.  Search engines make you stay on their site for hours just to find properties.  We simply give you the defaults and their information in these different formats so you can begin researching and deal-making. 

Even monthly legal subscriptions are only in the paper format and are usually 1 month behind.  Although we give two months of defaults, the odds are only good if you can move today and start researching and approaching, not questioning when and if the information is accurate.  RTD prides itself on it's patent pending delivery system.  That is why we give you the ability to verify the defaults after you buy them.  Since getting up-to-the week defaults is important for success, we work to get you the most current list. Since you get what you pay for, we can improve quality and give you a better chance at a success story instead of the many hundreds of thousands that drop out of the real estate industry.

Our advantage is that we also now provide expert guides and large savings on technological systems that every real estate professional can use.  We a membership you will get defaults if your area offers them, and the other many resources for one low price.  If we do not carry the defaults in your area, and you still want to join, you can join at only $16 per month. 

Start Today and see the difference.  Click Here to begin

If you already read the above and are ready to get started review our packages and begin today!