Fields of Real Estate Sales & Construction
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December Newsletter

December 2014



We cannot believe we are at the end of the year already. It simply flew by!! With the Christmas and family celebrations upon us we are all in a frenzy to shop, buy, wrap, bake, attend parties, host parties, overeat and be merry. This is normal. But maybe this is the year to stop, take a deep breath and reorganize our priorities. Maybe this is the year to enjoy each others company and focus on our blessings instead of material things. We can all buy a toy or gift for a needy person, enjoy the holiday music, attend church/temple services and try and get back to the reason we celebrate. I know we are trying to do this and find it easier and more fulfilling than running like a mad hatter! We at Fields of Real Estate, hope however you make merry, it will lead you to a better understanding of the season and that you enjoy it to the fullest. In the immortal words of Tiny Tim, “My God bless us, everyone!!

As the year comes to a close, we invite you to look at the listings on our web page. There have been some huge price reductions and sellers are motivated. We still have a few CHOICE lots in Duck Creek Estates. What a great Christmas gift to your family a new home or lot to build your dream home on would be!  Or when you are making those New Year's resolutions don't forget about the Arbonne detox class for a healthier happier start to 2015.


As we look toward a new year, there is new activity in foreclosures. A great way to buy a home at a bargain price! I have some tips for those interested in purchasing this way. Remember, we at Fields of Real Estate can help you every step of the way. Just give us a call.


Foreclosure activity is down to its lowest level in seven years, but it’s when foreclosures are rare that they represent the least risk because they aren’t threatening to crater the housing market again anytime soon. Meanwhile home prices in nearly every market nationwide have clearly hit bottom and are now rising consistently, which translates into a bigger potential upside for a foreclosure purchased at a discount.

With that in mind here are the top 10 secrets to successfully buying a foreclosure.

1. Recognize that foreclosure is a process, not an event

Many people think of foreclosure as the event where a homeowner loses his or her home. It is in fact a process that can extend over many months, and in some cases even years. This is a simple recognition but it’s fundamental to creating a successful strategy for buying foreclosures in any market.

2. Know the three distinct foreclosure-buying opportunities

While there are myriad methods used to successfully purchase a foreclosure, all of them boil down to one of three basic strategies:
-buy directly from the homeowner during pre-foreclosure
-buy at the public foreclosure auction
-buy from the bank post foreclosure

3. Look for both listed and unlisted foreclosures

Yes, it takes more work to pursue unlisted properties, but it can pay off by giving you a massive jump on other buyers and investors — particularly in a market with a shallow supply of homes for sale. Of course, listed foreclosures also represent good opportunities and come with the added benefit of a more direct path to purchase.

4. Find an agent not afraid to use the f-word

Not all agents are qualified — or interested for that matter — to help you successfully pursue and purchase a foreclosure bargain. Find one who doesn’t cringe when you bring up foreclosures. We at Fields of Real Estate are happy to assist in foreclosures and know the process!

5. Understand your financing options

People assume that buying a foreclosure means paying cash. That's true in most states if you purchase at the public foreclosure auction on the courthouse steps, but you can finance your purchase of foreclosure property when you buy during pre-foreclosure or from the bank.

6. Soften your target market with mailings

Particularly if you’re pursuing unlisted foreclosures, it’s best to start with a softer sell. Send out discreet — that means don’t even mention the word foreclosure directly — postcards or letters with handwritten notes to homeowners in trouble in your target neighborhood.

7. Don’t be afraid to knock on some doors

This isn’t for everyone, but once you’ve softened a market with mailings you can follow up with some door-knocking, or have your agent do it for you. Again, be discreet and avoid mentioning the word foreclosure unless they bring it up. A non-threatening opening might be something like this:

“Hi, my name is Joe/Julie and I’m looking to buy a home. I really like this neighborhood and I was wondering if you know anyone who might be interested in selling.”

Even if the initial response is no, you can leave your contact information, they may not want to discuss with you initially but may be open to do so later.

8. Attend at least one foreclosure auction

While foreclosure auctions are most definitely not for everyone — you do need cash in most states to purchase at auction — I highly recommend attending at least one auction. It’s fascinating to watch other buyers in action, and you may be able to connect with local investors who will call you first before they list their next flip.

9. Be bold with banks

It’s probably self-evident you’ll need to deal with banks when purchasing a bank-owned property, particularly an unlisted one. But in some cases, namely short sales, you’ll also need to interact with the bank when purchasing a pre-foreclosure. A good agent can help with this, like the agents at Fields of Real Estate, but the bottom line is you’ll need to be bold and persistent to get through to the right person who can talk to you about the property, and then you’ll need to be bold and persistent  in convincing that person you are a serious buyer & that they should respond to you. But, it is advantageous to use a realtor, because they personally know many lenders and have a history with them. Plus realtors know the right questions to ask.

10. Take the first step

Buying a foreclosure can seem intimidating from the outside looking in, but  like many other opportunities in life that seem overwhelming at first, the intimidation factor quickly shrinks when you simply take the first step!!!

Merry Christmas, Happy Hanukkah and Happy New Year!!!

I could not, at any age, be content to take my place by the fireside

 and simply look on.

 Life was meant to be lived.

Curiosity must be kept alive.

 One must never, for whatever reason, turn his back on life.

Eleanor Roosevelt

If buying isn't an option at this point, we work with a team of investors that have homes to do a rent to own or help you purchase over a period of time. 

We have several new homes coming available, and as a valued subscriber to our home buyers list, wanted you to be the first to know!

If you are still interested in owning a home of your own, regardless of your credit, be sure to update your information so we can match you with the right home you are looking for.  Be sure to fill out the application here:

Call Kris with question about this program.  We hope to help you find the home for you.

Fields of Real Estate Sales & Construction
N2657 County Rd N
Appleton, WI 54913
Office (920) 358-9003  Fax (920) 687-0358
Kris' Cell (920) 707-3002
Judy's Cell (920) 242-0423
Contact us for more details