By investing in properties "pre-foreclosure," you get ahead of the crowd and possibly get a great price. The downside? You may have to walk a fine line between helping an owner and taking advantage of him.Pre-foreclosure is simply that time between when the home owner gets the notice that he is in default on the mortgage loan, and when he finally loses the home. This may be where the most money is made on "foreclosures". By going straight to the owner before the home is lost, you are a step ahead of investors who wait for foreclosure sale or wait until the bank owns the property.Are you taking advantage of an owner when you make a profit off of his financial troubles? Maybe. You might also be helping him make the best out of a bad situation. You really can do the latter and still make a
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