Real Estate Investors & preNOD Leads Foreclosures & Short Sales
Article by John McNeil & Richard Butler
Hi! This is John McNeil. I?m the creator of the Yellow Letter???the original Yellow Letter marketing system created for real estate investors by a real estate investor.
In this short article, I?m going to be answering some of the questions that we get asked by our customers. One of the questions that we get asked a lot is what is a pre-NOD Lead?
A lot of people call them pre-NODs. A pre-NOD is a notice of default. A pre-NOD notice of default is a homeowner who has been behind on their mortgage payments 30, 60 or 90 days and legal action has not yet been filed against them.
You will see references to both pre-NOD leads and pre-NOD lists?
A pre-NOD lead is the name and the address of a homeowner who has been behind on their mortgage maybe 30, 60 or 90 days delayed on their payments in the last few months. A pre-NOD list is just multiple names and addresses of people who have been behind on their mortgages.
One of the questions that we get is, how do I use these leads in my real estate business?
Pre-NOD leads put you ahead of the pack. You will have houses purchased and under contract before your competition even knows they?re available. Pre-NOD leads will give you the advantage. Whilst other investors are waiting for pre-foreclosure leads to become available,you?ll be making deals, helping homeowners and putting money in the bank.
What type of marketing do we recommend when working with these leads? A Direct mail letter is the perfect medium for mailing to pre-NOD leads. At yellowletter.com, we have created a marketing system, a method that allows you to be in control of your marketing without doing any of the work. We do it all!
Market to your pre-NOD list with Yellow Letter?s automated mailings and the results will be great!
If you would like to receive more information about the pre-NOD list that we have available, then we can send you 20 videos that will help you learn about pre-NODs and how they can help you in your business. Just visit our website, enter your name and email address, and we?ll send you the information. We?ll be glad to contact you and you can be on your way to making more money in real estate investing with pre-NODs.
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Source: http://neuroplasticity.mobi/?p=11508
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