Best approach to those with a NOD..

I have no problem finding people who are in Notice of Default. But what info should I have before knowing whether to approach them for a bottom-dollar purchase? I imagine how much equity and how much they owe on the loan would be good… where can I get that?

Also, what type of lender would be the best route for financing a NOD that I intend to put right back on the market with only minimal clean-up and touch-up?

Any help on this would be great.

Where are NODs listed?

I have this site but not sure if the NOD’s are accurate or not

http://www.theforeclosuresinfo.com

free list - I post at craig list for new update county

The County Clerk’s office produces a list each week. I have someone who is a loan officer, she supplies me with a weekly list via e-mail.

But, as I was originally asking, once you know where they are, how does anyone here go about finanacing a deal with them? At what profit margin? How can you get the info on how much they owe? Etc.

best way to find out is to get into touch with the owners (some are hard to find but i’ve been known to sniff at their parents, relatives or family homes on many occasions w/o given away that they are in trouble.(works best for me - I wont tell you how I get this sources as
you need to do your research-no pain no gain)

then when they want/need help I sit with them and ask the questions of how much they owe (home, credit card and etc)
I quickly run numbers…

but lately profit margin been low.