3 Non-Conventional Ways to Find Real Estate Deals!!!

3 Non-Conventional Ways to Find Real Estate Dealsby Ryan Moeller on June 19, 2010


ShareFinding good deals is crucial to successful investing. The best real estate deals are found when the seller is motivated, you can solve a problem and there is no competition. Here are 3 non conventional ways to find some of the best deals.

1- Target pending sales and be the backup offer – Properties listed on the MLS often receive a lot of competition and often the seller is not motivated. What about when a property falls out of escrow? Sellers often become motivated and you can solve their problem without any competition. Put in backup offers on pending sales and you just might find a home run deal.

2- Put in your offers with only the listing agent – Listing agents love double sided commissions, especially the ones that list a great deal of REOs. They will work hard to represent you and the seller. It could result in a win-win for all which means a great deal for you.

3- Target rentals and out of state owners – Approaching rentals to see if they will sell can often lead to a great deal with no competition and possible great terms. You may be able to negotiate a lease option, get seller financing or subject to. Also contact title and get a list of out of state or absentee owners and send them direct mail. You can often find a motivated seller, solve their problem and without competition.

While most do what everyone else does to find deals, there could be some hidden gems found with non conventional strategies. I hope these 3 are helpful as they could find you a motivated seller with no competition and you can solve their problem.

MB Homes Solutions is here to help you if you need contact us at mbhomessolutions@gmail.com or 909-319-0332 visit us on www.megadiscounthomes.co.cc/