8 Options YOU NEED To Present A Pre-Foreclosure Seller

Рет қаралды 63,918

Күн бұрын

IF YOU are having troubles signing deals with foreclosures this video is made for YOU! These are 8 options you need to present to a pre-foreclosure seller so you can offer them the maximum value. Comment down below other tips you'd want to see in future videos and as always subscribe and turn on notifications so you don't miss a post.
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❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a KZfaq video for entertainment purposes ONLY ❎

Пікірлер: 160

@nunovurbiznis Жыл бұрын

"This isn't always about buying a house. It is ALWAYS about helping the seller," said Pace. There's so much truth there that it sounds more like a verse than a statement. Before I make those calls or knock at somebody's door, I will say that to myself.

@DAMON409 5 ай бұрын

It is a sales technique. These guys want the house.

@AlGollas 2 жыл бұрын

Absolutely amazing! And that's coming from a 25-Year licensed real estate agent who has personally sold over 1,500 REO from 2003 to 2013

@PaceMorby 2 жыл бұрын

Thanks, Al! And thank you for subscribing.

@nunovurbiznis Жыл бұрын

I'm a Realtor and I LOVE this channel. I found it a week ago and I have been watching and rewatching your videos. I never felt comfortable cold calling or reaching out to sellers by phone because I never felt good with the scripts given by "mentors". The scrips seemed so cold and pushy. Instead, I love how patient you are to homeowners in distress and your empathy for them show through. I hope I can get comfortable as I continue to learn through your channels. I appreciate them. I know you put a lot of time and effort into these videos. But you do them for the love of community. Thank you!

@jwatkins5065 Жыл бұрын

Hi. Can we work together?

@benspragge33 2 жыл бұрын

Wow!! So amazing! I'm going to do this now. Thanks for the huge tips!

@perlaargyle9343 Жыл бұрын

One of the best videos if not the best I've seen on foreclosure 👏👏👏

@theemanofsteel Жыл бұрын

Absolute game changer, awesome video. Just bought your book and seeing you in Vegas tomorrow!!

@phillipjordan2467 2 жыл бұрын

Awsome information guys! Exactly what I've been looking for. This will make life 1000X easier!

@chapm1kl 2 жыл бұрын

2 of the best. Fkn love you guys. Thanks for the content

@six6foot 11 ай бұрын

I love this approach. It’s exactly what I want. 37 year loan veteran and helping clients for years. Been working on one and she is going with an attorney to do a loan mod. Will be joining soon.

@brucepomerleau7068 3 ай бұрын

Fantastic with starting by “Helping the Seller First”! Build the relationship with them! Thanks guys for helping line this out! Talk to People!

@erickmartos5306 2 жыл бұрын

LOVE YOUR CONTENT.. thank you Pace you’re a legend

@PaceMorby 2 жыл бұрын

Erick, thanks man!

@chefwltr 2 жыл бұрын

Noted, as always! I appreciate you big brother! 🐐🔥🔥

@PaceMorby 2 жыл бұрын

Always one of the first, Chef. Thank you bro!

@pamwhite6680 Жыл бұрын

This is so awesome ! Thank you guys ❤

@phyliciadawn1826 2 жыл бұрын

Just awesome! I absolutely want to help my community.

@diegoterraza4584 2 жыл бұрын

I'm about to go to a preforclosure appointment this video is gold

@victorarquiadez7919 Жыл бұрын

Just amazing! Thank you 🙏🏽

@hatchattack02 2 жыл бұрын

So much sweet nectar y'all are squeezing out of this topic! True leaders

@PaceMorby 2 жыл бұрын

Thanks man!! Appreciate that.

@arshaunetteshedrick9066 Жыл бұрын

You guy’s truly have all the information, great information

@PaceMorby Жыл бұрын

Our pleasure!

@yelipopoca6271 11 ай бұрын

Great content 😊

@martinyates3443 10 ай бұрын

Love it, Ty

@PaceMorby 10 ай бұрын

Glad you like it!

@motivationmadness6493 Жыл бұрын

Thank you guys for all this info . So helpfull. I am womderImg how to calculate fee out of prefoclousers

@rogelioordonez4347 10 ай бұрын

This is GREAT

@christiamvelez8696 Жыл бұрын

Good approach to get this wholesale properties.

@18nonnahs 2 жыл бұрын

I love being a Subto student! Thanks for the knowledge!!!

@PaceMorby 2 жыл бұрын

You're welcome! Let's go Subto fam! 🙌

@pros1perify Жыл бұрын

Great video, I personally was in a preforeclosure and it is the scarriest thing. I love this strategy and will use it, thank you.

@neighborhood_cal_ Жыл бұрын

How did you get out?

@troofseeker100 7 ай бұрын

U guys rock

@abbikianpour 2 жыл бұрын

Great information as always!!

@PaceMorby 2 жыл бұрын

Glad it was helpful!

@roberthardyii9315 2 жыл бұрын

🤯🤯🤯 Gotta join the sub to community bro. This is Brilliant!

@tedmiller5633 2 жыл бұрын

This video got me to join the Subto mentorship. Best financial decision EVER! Even made it on Pace's podcast

@PaceMorby 2 жыл бұрын

Ted. Brooo, appreciate you!

@brianlondono2768 2 жыл бұрын

Sub✌️Fam. I'm a newer student and would love your help and experience

@popmyshit7662 2 жыл бұрын

Facts… i just locked up a pre foreclosure‼️

@FlyNavy1 2 жыл бұрын

This is pretty brilliant. I’ve been buying at auction for quite some time. I’d be interested in having a look at your cold call and SMS scripts. Happy to share mine. Thanks Pace.

@PaceMorby 2 жыл бұрын

I give out those scripts for free in the video description. Dropping the links for you here: Cold Calling Script: www.pacejmorby.com/coldcalling Cold Texting Script: www.pacejmorby.com/text

@brianlondono2768 2 жыл бұрын

What markets do you buy?

@thesteelheadmaniac2045 Жыл бұрын

anyone else notice the dot on Brents face through the entire video? :)

@dennisobrien2094 Жыл бұрын

Awesome and informative video. I love it.

@PaceMorby Жыл бұрын

Glad it was helpful Dennis!

@adrianalfaroseo6511 2 жыл бұрын

This is solid gold.

@PaceMorby 2 жыл бұрын

Adrian. Thanks bro!

@andreylyubyh1116 2 жыл бұрын

Thanks a lot for all your doing guys

@PaceMorby 2 жыл бұрын

Andrey. Thank you bro and thank you for being a subscriber!

@paultaylor2391 Жыл бұрын

Great content. More videos, please!!!

@PaceMorby Жыл бұрын

Thanks and yes, pushing out content for you guys as much as I can!

@uradumby25 Жыл бұрын

Pace, once you buy the house (pre-foreclosure or foreclosure) how long do you give the former owner to move out before you get a paying tenant in there?

@oscarrobertson2257 2 жыл бұрын

Video came out about a year but still one of the informative on how to handle preforeclosure sellers 🔥🔥🔥🔥

@PaceMorby 2 жыл бұрын

Oscar, appreciate you. Thank you brother!

@ikadekkaton Жыл бұрын

@@PaceMorby One quick question of that first option, that if the home owner ask personal loan from us, then how can we help them while at the same time we make sure secure our position if things going south? Thanks for your answer.

@AzothVenturez Жыл бұрын

I started offering help with loans years back but officially Morby does it better

@neckhammockothermusthaves7476 3 ай бұрын

I'm making my first Pre-foreclosure call this morning!!! Can't believe I found this as I had no idea what I was going to say!! :) This is perfect! Wish me luck!!! :)

@PaceMorby 3 ай бұрын

You got this!

@neckhammockothermusthaves7476 2 ай бұрын

@@PaceMorby Hi there! :) You won't believe it but I actually got my FIRST "bite"! :) I honestly DON'T know what to do with it either! lol Here's a quick outline... Pre-foreclosure with auction date June 25th. Over a year in a loan modification (is that odd?). Has had a real estate agent for two weeks but agent has NOT listed the property. She's also NOT late on her payments but... took out a HELOC (which is where the foreclosure stems from). Less than $35K is the reason for the upcoming sale, if you can believe it! I suggested Subto and she is open! :) Any advice? She wants to keep the home BUT would take a cash offer. Has a handicap relative so she REALLY wants to remain in the home. HELP! :) I honestly couldn't believe how forthcoming she was! She is ready to MAKE A MOVE, man! :) Thanks again for all you are doing! I can't WAIT to finally meet you! :)

@shanitaw Ай бұрын

How did this turn out?@@neckhammockothermusthaves7476

@marinarbekka 2 жыл бұрын

in the 🐘 challenge. getting ready to call on Sept preforclosure

@wealthspirituality1306 2 жыл бұрын

Your guys are terrific!

@PaceMorby 2 жыл бұрын

Thanks!

@wealthspirituality1306 2 жыл бұрын

@@PaceMorby Pace, Your creative financing will be the future trend of real estate transaction in the US. It benefits every party in the circle. You and your team are so smart, gritty, successful, and dedicated. Thank you!

@romanogold82 2 жыл бұрын

I always present these options to preforeclosure sellers when I go doorknocking. The most commonly mentioned option by the owner is # 3.

@PaceMorby 2 жыл бұрын

Yeah, the trust zone. 🙌

@MichaelWittner Жыл бұрын

So how do you make money on these

@jeffreywharton512 Жыл бұрын

@@MichaelWittner You think they give out their real methods lol. They can maybe do this now after making a ton of money.

@brucetorres8127 2 жыл бұрын

Every video. VALUE

@PodcastPapi1 5 ай бұрын

Genius

@CocoBold Жыл бұрын

The is Golden!

@michaelachillas80 3 ай бұрын

It absolutely sucks to wait 10 minutes to watch video ads now before watching a video

@Osuguy54 10 ай бұрын

Great

@lucneesby3009 8 ай бұрын

Personal Loan Agent Listing Loan Modification (taking what they owe and putting it on the backside of the loan) Rental Cash Offer Subject 2 Creative / Seller Financing Renovate Bankruptcy

@allenhong8434 Жыл бұрын

This is great value as always Pace and Pace's Team. I've rearranged it a little as I keep the TOP options of the seller keeping the house and staying in house, then possibly keeping and renting, then last but not least selling, which the order can be subjective. 1. Personal Loans 2. Loan Mod 3. Bankruptcy 4. Rental 5. Agent - Listing 6. Cash Offer 7. Subject 2/Seller Finance/Hybrid 8. Renovate / List Thoughts?

@tashionsharnell9808 Жыл бұрын

I like this Allen, I will use it for my sellers. thanks!

@OSCARHERNANDEZ-un5iy Жыл бұрын

I have 2 more. hard money then sell in 1 yr . 2.. hard money n gift of equity to someone you know n stays withing their circle vs giving it to a random investor..

@lblackfish2763 3 ай бұрын

Do you have any videos detailing the technical paperwork step by step that takes place after we get the pre foreclosure deal?

@jellybean061705 Жыл бұрын

How do you first approach a pre-foreclosure, how to start the conversation with the seller?

@angieyourlocalrealtor8779 Жыл бұрын

Great info and video.. can someone please, explain to me #6 I didnt understand that option very well. TIA

@lorimcdevitt1506 Жыл бұрын

Question Pace: why would you do a sub2 if they dont have equity?

@A_Million_Grams 7 ай бұрын

🔥🔥🔥🔥

@darkside14r48 Жыл бұрын

🔥💯

@scottw.6609 2 жыл бұрын

Pace what are the days you go live on uTube with seller Financing & sub 2? Is it on sundays? I just put on notifications on because I want to squad up with some of your students in my Colorado market

@PaceMorby 2 жыл бұрын

Hey Scott! I do two live podcasts each week. Sunday Service: Sundays at 7pm AZ time Wholesale Hotline: Mondays at 5pm AZ time

@RobertHasty Жыл бұрын

How likely is the bank to do a loan mod putting their past due in the backside? And would that erase late payment status? Great clip guys, appreciate the knowledge 👍

@Envycolt 10 ай бұрын

Not likely, the banks move quick since the homes have low interest and lots of equity

@Affliatesusan 7 ай бұрын

Well, you gave us the outline, but there’s no meat. How do you make these presentations and what about the paperwork?

@jonahdavison Жыл бұрын

How do you present at the beginning of the relationship? Besides offering 7 ways to keep the home? I’m guessing that you’re upfront about being an investor.

@sirnelson7207 Жыл бұрын

That was 101 information

@Legacy3Enterprise 9 ай бұрын

How much equity should The property have to use the cash offer method?

@lorenacortez9377 4 ай бұрын

Please explain number six ❤❤❤step

@vicmaga6549 5 ай бұрын

How much equity does a property need in order to consider giving a cash offer?

@th.8868 Жыл бұрын

this process is money! Wish me luck. What is the minimum time (if you have the contract, the preauthorization sheet, etc) how long does it take to finalize this type of deal and stop the foreclosure

@PaceMorby Жыл бұрын

Hey man! Have you checked out my preforeclosure timeline video yet?

@stenny1970 2 жыл бұрын

Pace Morby - Question on your number 7. You had said you could pay to fix up the house for them and sell then split profits. How do you go about making that up in the paperwork so you don't get screwed out of any money. If they sell or decide to then just stay in it and not sell.

@Twano2am Жыл бұрын

Good question

@pinnerdm Жыл бұрын

i think maybe it's a novation?

@stancehooptie 8 ай бұрын

Promissory note & you put a lien against the property for the amount you were supposed to get

@andrewbarajas2085 Жыл бұрын

I live in California and I’ve heard that doing this without some kind of license can cause legal issues. Do you have any advice for tackling this?

@rickwarren8161 Жыл бұрын

there are many states that are not that way...some states have buyer beware status for all property sales.

@SelfLoveU Жыл бұрын

What if they say they're going to do a Reverse Mortgage?

@mldimacias Жыл бұрын

The sheriff does not show up right away, be honest please, well not in CA at least.. The attorneys have to send it to the judge first for review and that might take sometime, and then to the sheriff's dept., etc.

@feliciaanike3049 Жыл бұрын

Subject to

@andr3wsvaz223 Жыл бұрын

What’s happens if someone dose actually dose do bankruptcy? Can we still help them ?

@the.homehunter Жыл бұрын

😍❤💯

@mariothemechanic 2 жыл бұрын

🚨🚨🚨can you do this is Maryland?????🚨🚨🚨

@ellivalentine2466 Жыл бұрын

Great video! How much to offer sellers in pre-foreclosure?

@juanmaldonado2096 Жыл бұрын

There is no set amount and it depends how much you want to give them or how much they want. Keep in mind they might want A LOT OF MONEY. So you gotta make it work for you also. Sometimes there asking price is negotiable.

@jesusloera2760 Жыл бұрын

What's loan modification?

@AgentCathy 9 ай бұрын

Why haven’t you listed Short sale as an option?

@matts8136 10 ай бұрын

Short sale on here? If they are under water.

@alexcutztv9246 10 күн бұрын

How or where can I learn creative financing?

@Kandicakes 2 жыл бұрын

🔥🔥👍🔥🔥

@robertsearles1127 2 жыл бұрын

What's you opinion on idi core for skiptracing?

@PaceMorby 2 жыл бұрын

Hey Robert! I don't have an opinion, we don't use it in our business. If you're looking for reputable data, we pull and skip all of our lists right inside BatchLeads. Here's a code to use if you haven't tried it yet... batchleads.io/pace

@lorenacortez9377 4 ай бұрын

Please help I don’t understand step number six ❤❤❤

@dbanks128 Жыл бұрын

Subject to?

@Thelocalbuyers Жыл бұрын

I can hear Chad Corbett in my dreams 😎

@lorenacortez9377 4 ай бұрын

I don’t understand. Step number six can somebody elaborate or explain ❤❤❤❤

@you7uber5 11 ай бұрын

Ive wanted to get into remodeling sellers houses that cant afford to do it themselves and splitting profits but not sure how to structure it

@PaceMorby 11 ай бұрын

Likely a novation agreement, go watch kzfaq.info/get/bejne/qrqJe8J71su0io0.html

@IAMSHANIKAI Жыл бұрын

How many doors do you typically have to knock to get a deal?

@PaceMorby Жыл бұрын

100 doors... or more.

@tabithajones1907 2 жыл бұрын

How would you have a VA cold caller start a conversation without just asking if they want to sell?

@PaceMorby 2 жыл бұрын

Tabitha. I suggest you check my playlist on Live Seller Calls: kzfaq.info/sun/PL2Y6uEs9DYr3uiGe_RYucrj-JGnp70IZc Also, this cold calling script is one of my freebies! www.pacejmorby.com/optin1612978127340

@pearlinarose3589 2 жыл бұрын

Okay but how do you even START the convo with them? You can't just hit them the first time like "Hey I know you are going through PFC..."

@PaceMorby 2 жыл бұрын

Pearls, here's a live call that I did with someone going into foreclosure: kzfaq.info/get/bejne/h9d9ormrvL6YhYk.html

@lorenacortez9377 4 ай бұрын

Please explain number six disturb is hard to understand

@PaceMorby 3 ай бұрын

You can ask this question and link this video in the free Facebook to get this answered! paceapproves.com/freefb-ytc

@VoguishDesigns 2 жыл бұрын

Where can I find one your students to help me buy a foreclosure with little money In NC

@PaceMorby 2 жыл бұрын

Rebekah. You can find my students in North Carolina on the free Facebook group. Join now, make a post about your market and that you're looking to squad up! shor.by/Si74

@thecentralscrutinizerr Жыл бұрын

I have a question. So, the Federal Reserve prints money out of thin air. ("We make money the old fashioned way. We print it." ~ Federal Reserve Bank of Boston - insignia written on the rotunda) Then the Federal Reserve supplies banks in the "Federal Reserve System" with money at a bank rate. The bank then loans out that money created out of thin air by the Federal Reserve. You fail to make the payments and the bank seizes the property. My question is this: How is it that banks can create money out of nothing, then seize real property on loans made with that money? My next question is, do you realize how badly you're being taken by such a scam as this? The bank can seize real property from money created out of nothing. Perhaps a better line of business is to start a bank so you too can participate in the scam at a higher level. "No state shall make any Thing but Gold and Silver coin a payment for debt." ~ Article 1, Section 10, United States Constitution Richard Milhous Nixon did not divorce the United States from gold as he had no power to unilaterally change any provision of the US Constitution. The above section of the United States Constitution is still in effect. If Richard Nixon did in fact change it, it would by law have to reflect that change.

@transformationpartners 2 жыл бұрын

Subto

@rideshare3528 2 жыл бұрын

First I think

@videoservicesja Жыл бұрын

Brent I have a massive situation bro and I dont know squat about this mortgage crap. I need to do a subject to ASAP> Have a student contact me. please. South Florida.

@PaceMorby Жыл бұрын

Howard. My students in South Florida are in the free Facebook group! Join and make a post bro! paceapproves.com/communityytc

@aboutyourbusiness6693 2 ай бұрын

I say this out of genuine curiosity so please dont take this like i am being condensending. Why present so many options to them? They are confused and stressed as it is. Wouldent it be better to present them with just a few options that would help them the most? If you look up the study that was done on giving too many options to people it shows that the more options you give the harder it is for them to make a decision.