“That world inside there is very competitive…. And their intent would be to raise your price so that you will not come back again.”

– Julian Dominguez, who’s been investing in foreclosures and guiding others through it from more than 20 years, shares some insight via CBS4.com on what the atmosphere is sometimes like during a public foreclosure auction. In short, it’s not uncommon for experienced investors to manipulate, intimidate or take advantage of new faces. Therefore, it’s always a smart move to attend a few auctions before actually bidding on a house during one. This will give you time to get a feel for the mood in the room and also meet with some of the other “regulars.” For more on the firsthand foreclosure auction experience click here.

Location: Lancaster County, Nebraska
City: Lincoln
Price: $130,500
Zestimate: $163,671
Difference: $33,171

This two-bedroom, 1.75 bathroom home is located just outside where all the action takes place in Lincoln. It’s also a U.S. Department of Housing and Urban Development (HUD)-owned home. HUD auctions its Real Estate Owned (REO) properties via sealed bid. Contact the real estate agent to view this HUD foreclosure property and to submit a sealed bid.

Note: other comparable listings in this neighborhood range from $128,529 up to $177,568. For more property details or to speak with a local real estate agent/broker about this listing CLICK HERE.

To check out some of the other “Deals of the Day” feel free to visit our archive.

What’s the deal of the day? We comb through our nationwide database of more than 1.2 million distressed real estate listings to showcase some of the best investments available on our Web site each morning. These listings represent just a small fraction of the amazing investment opportunities available at Foreclosure.com. To find more bargains like the one pictured above search Foreclosure.com or sign-up for FREE Email Listing Alerts.

That’s the focus of our most recent edition of “Investment Exchange,” which is our FREE real estate email newsletter.

In fact, we plan to delve into preforeclosures in great detail over the next three editions of “Investment Exchange” in an informative three-part series. And that’s all because we feel strongly about the massive benefits and financial rewards of preforeclosure investing.

What’s preforeclosure?

During preforeclosure, a property still belongs to the homeowner, but the lender has initiated legal foreclosure procedures because payments have not been made and the loan is considered to be in default.

Purchasing preforeclosure deals — many of which are available for up to 50 percent less than current market value on Foreclosure.com — is a lucrative real estate investment technique that is perhaps the smartest and safest option available to experienced and first-time investors alike.

In the first part of our preforeclosure series, we discuss how to find good preforeclosure deals before the “competition.” From where to find potential investments to how to analyze them, our goal is to give you the tools you need to get on and follow the preforeclosure scent.

One quick hint: It smells like money.

To sign up for the FREE real estate newsletter, “Investment Exchange,” click here.

Location: Kaloko “Big Island,” Hawaii
City: Kailua Kona
Price: $412,650
Zestimateâ„¢: $481,859
Difference: $69,209

This three-bedroom, one bathroom home is an ideal “starter home or investment rental” located at the top of Kona Wonderview. It boasts a nice back yard with picket fence, two storage sheds and additional parking on front lawn.

Just a couple coats of paint and a little TLC and you’re move in ready!

Note: other comparable listings in this neighborhood range from $396,667 up to $681,807. For more property details or to speak with a local real estate agent/broker about this listing CLICK HERE.

To check out some of the other “Deals of the Day” feel free to visit our archive.

What’s the deal of the day? We comb through our nationwide database of more than 1.2 million distressed real estate listings to showcase some of the best investments available on our Web site each morning. These listings represent just a small fraction of the amazing investment opportunities available at Foreclosure.com. To find more bargains like the one pictured above search Foreclosure.com or sign-up for FREE Email Listing Alerts.

It’s a New Year … want to make it the best one yet?

Learn how to rehab and flip properties correctly with expert help from our inhouse real estate investment pro, Glen Daniels, during an upcoming Foreclosure.com online training experience.

“How to Rehab for Profit” is a LIVE 90-minute presentation that begins on Tuesday, January 15 at 4 p.m. ET. To reserve a spot now CLICK HERE. Spots are limited.

This upcoming Webinar special will teach you how to:

• Find deals that are quick to purchase, rehab and flip for fast cash
• “Add value” to a rehab without going overboard on upgrades and repairs
• Analyze projects from the outset to create a manageable “plan of attack”
• Set a budget and stick to it even if unknown problems emerge
• Ensure maximum profit for each rehab

With more than 20 years of experience rehabbing homes and selling them for big profits, Glen knows the real estate investment market like the back of his hand. And now he’s going to reveal his secrets and firsthand knowledge during a dynamic Foreclosure.com online real estate training session.

From finding the deals to making the look pretty, Glen will go through the entire “flip” process from A to Z. He’s also going to show you how to do all this without breaking the bank.

Of course, we will also open the floor up to you during an interactive question and answer session.

To reserve a spot now CLICK HERE. Spots are limited.

Webinars are LIVE 90-minute educational sessions that let participants see, hear and interact with real estate experts right from their personal computer screens. In fact, Webinars are driven in part by visitor feedback and questions that are posed during the sessions. For more information and course offerings click here.Â