ultimate guide for real estate investors

Skip Tracing: The Ultimate Guide For Real Estate Investors

What Is Skip Tracing?

Skip tracing, also known as fugitive or debtor recovery, is a term that you may have heard being tossed around by private investigators and bounty hunters, especially in movies such as Skip Tracer (1977) and investigative TV programs.

Often, these TV programs that use skip tracing revolve around finding fugitives and bringing them to book. What you might not know is that this process is also wildly useful in the real estate business.

In case skip tracing is critical to you, but you don’t have much information about it, you have come to the right place. Read this guide to the end, and you will doubtlessly have a better understanding of skip tracing.

Skip tracing is the process of finding a fugitive, defaulter, or any person who cannot be located in typical places such as their residence, place of work, or entertainment venues.

To further understand this term, we can break it into two words as follows:

Skip – is derived from the phrase ‘skipping-town’ and refers to the person being searched.

Tracing – refers to the act of finding the ‘skip.’

Still confused? Let’s consider the following example:

You buy a car on credit, but after a while, you default on loan payments. The lender (who in this case is the person or company that sold you the car) might be prompted to hire a skip tracer to find you.

If at some point, you have used social media, public records, or white pages while attempting to locate someone, then you have already skip traced at a basic level.

The process of skip tracing is often executed by a professional skip tracer who may be regarded as a expert in this field.

Professionals who use these services include:

Debt Collection Agencies & Debt Buyers
Marketing Agencies and Departments
Missing Children Organizations

Read more…

About Skip Force LLC.: Skip Force is a SaaS company based in Austin, TX. Founded in August of 2019, Skip Force has developed solutions, for real estate investors and resellers, to streamline the skip tracing process to effectively close leads.

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