What is the difference between expired listings and preforeclosures? Pace Morby breaks down what expired listings and preforeclosures are and the differences between the two. First, he explains what expired listings are and where they come from by sharing a story about a seller who works with a real estate agent to sell their home. In addition, he talks about what happens once a listing expires, how these types of leads are easy for investors to acquire, and how abundant they are across the country.

Afterward, Pace dives into preforeclosures. He emphasizes that there isn’t much of a difference between preforeclosures and foreclosures since real estate investors know they’re negotiating with sellers while they’re going through the foreclosure process. Then, he explains the entire foreclosure process, highlighting specific details of the process such as who owns the house and what different acronyms mean. Expired listings and preforeclosures are simple to find and students in the community are doing these types of deals daily!

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DISCLAIMER

❎ 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as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself.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 YouTube video for entertainment purposes ONLY ❎