Why is it important to have fresh pre-foreclosure leads?
In general, a homeowner will be contacted at least 100-200 times during the pre-foreclosure process. This is why one of the keys to successful foreclosure investing is being the first to approach the homeowner. You will have a much higher chance of success if you are one of the first 10 to approach the homeowner than if you were one of the first 100. Another reason why it’s important to have fresh pre-foreclosure leads is so that you can seize the opportunity while it exists. Some providers offer data that is weeks or months old – in that time, properties may have already been sold at auction.