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(EMAILWIRE.COM, March 24, 2008 ) Los Angles, CA – Investors who know how and where to look for a pre-foreclosure home have the advantage of offering an affordable purchase price no matter how low it is.
At the pre-foreclosure stage, the owner is about to lose the ownership of the property and the lender will soon take possession of the property and sell it at market price. The owner can repay the loan until the day when the house is being foreclosed. The lender usually tries to offer the home owner many possibilities to avoid foreclosure.
As a last resort, most people try to sell their home to any buyer just to avoid foreclosure. In some cases, the owner is willing to drop the normal price to 50%. The advantage of buying a pre foreclosure home over a foreclosure home is that there is very little to no competition. Pre foreclosures can be profitable. With proper training, just about anyone can start searching for this type of real estate and make a profit. The only difference between pre- foreclosure houses and normal houses is the price and pre-foreclosures are a huge investment opportunity for real estate business men.
Real estate developer and instructor, Jeff Kaller, specialize in the pre-foreclosure market. He teaches his students that online auctions are a good resource to find homes for sale, but investors must do their research prior to purchasing any property. "Even though I train my students to get into the market before the online auction, it is very important to know the process on both ends. Standard procedures are the real estate foreclosures will be selling through online bidding, and contracts will be written following the close of the bids."
The auction method of marketing was chosen by the seller to liquidate all the property in inventory. In today's environment, auctions have the best chance of producing the highest price with the best contract terms, given that buyers and sellers are in position to take advantage of the market. Commercial and residential properties ranging from new homes to proposed multi-family apartments and tracts with industrial zoning and approved environmental permitting in place have taken center stage on exclusive online auction event. As always, it is important to be cautious and to acquire training from a real estate pre-foreclosure specialist such as Jeff Kaller to at the very least learn to invest with integrity.
Jeff teaches the real estate secrets of purchasing pre-foreclosure properties while executing real estate theory to actual practice. To learn more go to http://www.freeshortsalecourse.com/
Contact Information:
Paramount Promotions LLC (The Countries Leading Short Sale Trainer)
Mark Maupin
303-B Anastasia Blvd. #148
St. Augustine, FL 32080
904-819-0676
Email Address: mgeronimo@thejeffkaller.com
PrEasy
Mark Maupin
248-939-6232
maupin.mark@gmail.com
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