There are a number of businesses that track foreclosure data in order to provide foreclosure leads to realtors, bankruptcy attorneys, investors and so on. These companies are called list brokers. In simple terms, they do the legwork in order to collect foreclosure data just as soon as it becomes available. The Short Sale Association of America (SSAA) does provide foreclosure leads to professional real estate agents, but with a big difference.
SSAA was founded to assist homeowners facing foreclosure by training and teaching realtors in the industry’s highest standards and providing them with tools that will help homeowners make the best possible decisions for their financial future. Professional real estate agents who have trained with SSAA sign a code of ethics and standards and agree to exemplify our core values. They are also thoroughly educated in the details of foreclosure, foreclosure alternatives, and how to negotiate with the homeowner’s bank.
What does a SSAA foreclosure lead do?
- It allows one of our real estate professionals to reach out and assist you well before local bankruptcy attorneys, investors and homebuyers are aware you are in default.
- It helps you avoid those who would try to buy your home out from under you for investment and resale purposes.
- It helps you increase your knowledge of your rights and your options well before someone unscrupulous may reach out to you.
Foreclosure data is a matter of public record. Foreclosure leads become available when homeowners fall behind on their mortgage payments. The homeowner’s name, address, phone number and other data will eventually be made available to the public and the list brokers.
We recommend that you act early to inform yourself of your options and your rights by contacting a professional real estate agent trained by the SSAA. Remember, we provide all SSAA services to homeowners for free. Contact a local SSAA representative in your area, and receive assistance within the next 24 hours.