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William Bronchick is a nationally-known attorney, author, and speaker. He has been practicing law and investing in real estate since 1990 and has been involved in over 2,000 real estate transactions.

He has trained countless people all over the country to become financially successful.

Bill has served as President of the Colorado Association of Real Estate Investors since 1996. He is admitted to practice law before the bars of New York and Colorado.

He is the author of many excellent real estate investing and asset protection courses.

John Merchant is retired lawyer and long-time real estate investor. He's owned commercial real estate of every type in a number of states. He's a frequent speaker at real estate investment gatherings and contributes real estate investing articles to various real estate newsletters and publications.

His current real estate focus is the operation and expansion of a foreclosure trustee company and mobile home wholesaling.

John's book Use of IRA and Other Retirement Plans in Real Estate Investing was one of the first to address this real estate investment tool and has had many printings.


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Old 04-27-2012, 03:12 PM
Docftbl Docftbl is offline
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Default Question about home buyers

This may seem like an odd question, and quite frankly I wasn't sure which category to put this. Here it goes: I just read on another forum about someone who has been able to obtain names and the new addresses of home buyers right BEFORE they move in to their new home. Does this make sense?

Is this legal? I understand he is doing list brokering and obtaining the names of home buyers before they move in to their new address and offering these names and addresses to local businesses.

If someone, perhaps even the Realtor, are providing this information to someone for profit, is this ethical?

Nothing surprises me anymore, I was just wondering what people here think about this. This person could also be throwing out a bunch of baloney, I'm not sure.

I appreciate your replies!


Doc
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Old 04-28-2012, 12:49 AM
John_Corey John_Corey is offline
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Doc,

Welcome wagon and others will purchase the details of a new home buyer. The paperwork for a home purchase is public record.

I am not sure where you are going with your question otherwise.
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Old 04-28-2012, 11:31 AM
Docftbl Docftbl is offline
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Hi John,

Thanks for the reply. I know all of this is public record and gets recorded and all...after the fact. I'm not sure how anyone can obtain this information before someone actually moves in to their home. When I bought my home it wasn't official until July 1994, prior to that, between May and July, we were working the details and finalizing everything.

How can anyone actually say they can get the address of new home buyers before they actually move in to the home? Things never move that fast. Before I reply to this individual about this claim, I thought I would check it out here first.

All the best,

Doc
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Old 04-30-2012, 01:39 AM
John_Corey John_Corey is offline
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Quote:
Originally Posted by Docftbl View Post
Hi John,

Thanks for the reply. I know all of this is public record and gets recorded and all...after the fact. I'm not sure how anyone can obtain this information before someone actually moves in to their home. When I bought my home it wasn't official until July 1994, prior to that, between May and July, we were working the details and finalizing everything.

How can anyone actually say they can get the address of new home buyers before they actually move in to the home? Things never move that fast. Before I reply to this individual about this claim, I thought I would check it out here first.

All the best,

Doc
Doc,

I do not get why you want to connect when a buyer buys a property with when someone moves into the property. The purchase details are public record. Just because I know who the buyer is does not mean I know they have moved in. If you buy a property and then start receiving mail check the details. Assuming there was something distinct about the name of the buyer, you will see the same detail on the mail. The sender does not know who is living there, just who bought the place.
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