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The traditional treat for mom’s big day is flowers or a nice meal out. But Mother’s Day is also an ideal time to pitch in with a gift that will help mom with her finances. That’s because while mom is busy caring for everyone else in the family, it’s easy for her own needs (and finances), to get lost in the shuffle.- advertisement -

In this day of do-it-yourself savings and retirement, that can be dangerous. “You can’t let 20 to 30 years go by because you’re busy raising your kids,” says David Bendix, CPA, CFP, and president of the Bendix Financial Group.

So this year, think about a gift that will give mom a lift toward a long-held dream or goal, or something that will help her connect with her inner Donald Trump.

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Real-estate brokers typically have access to plenty of information about the location, price and condition of listed foreclosures. But information about pre-foreclosures and auction foreclosures typically is much more difficult to obtain.

Banks that own foreclosed homes, asset managers that oversee those homes for the banks and Realtors who list those homes for sale may all have information about pre-foreclosures, but this market is very fragmented, so “all they would know about would be the property in their own inventory,” says John J. Lynch, a broker with Keller Williams Realty Greater Cleveland West, in Westlake, Ohio.

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