Challenging Property ... No Water!

John and Laura Holbrook are assisting a friend in dealing with a pending foreclosure. This friend owns property that has no water of it's own, the well has gone dry so water has to be hauled to the property weekly.
This water problem has devalued the property below the loan amount currently on the property. It's a nice 6 1/2 acre lot, with a 3 bedroom, 2 bath house on it and a 4 stall horse barn.
This friend has attempted to work with the bank to get a loan modification, without any success. So now, the property is listed, hoping a cash buyer will buy the property, since it does not qualify for a bank loan without water.
So many people are loosing their homes to foreclosure that John and Laura are reaching out, doing what they can to assist them.

Busy With the Holidays, But Still Doing Business. Hoping to Help Home Owners

Even though John and Laura are getting ready for Christmas like so many of you, they are taking time to continue doing their real estate business. Laura just prepared 11 letters to be sent to home owners who are distressed. The homeowners were located through a list of properties that are foreclosing.
John and Laura are hoping to help these homeowners from going into full foreclosure by working with them, possibly helping them catch up back payments, and discussing options that would avoid foreclosure.

Laura More Seriously Started Using The Profit Grabber Software To Organize Leads

Laura Holbrook seriously started inputting information in the Profit Grabber, a software by Marco Rubel. She is using lists from property that is in forclosure. She just looked at one of the properties this evening in the city of Brownsville, Oregon.
It may be a property that she and her husband John will put an offer on at the auction because of it's location and price.
Laura feels it is a property that would have an immediate cash flow as a rental.