Foreclosure Advice

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Learn how to create an absolute fortune investing in commercial real estate using two little known strategies with advice from industry expert, Jason Gilbert.

From strip malls to mobile home parks to apartment complexes, there is a ton of money to be made with commercial real estate. Successful investors will tell you that commercial deals are often easier to do than residential and make you far more money.

Much more.

Jason will reveal how you — regardless of your credit situation and how much experience you have can (even if it’s zero) — can make a fortune with commercial income property in this FREE training course, Make Millions with Commercial Real Estate.”

He recently released two proven strategies, Joint Venture Facilitation (JVF) and Master Lease Option (MLO), which can get you started on the path to personal riches … regardless of your current situation.

This FREE educational session is available to watch LIVE online and for FREE on Wednesday, Nov. 18, at 7 p.m. ET. CLICK HERE.

This course will cover:

  • Why getting into commercial is a “no brainer”
  • What keeps most people out of the commercial side
  • Who is Jason Gilbert
  • JVF and MLO explained
  • Why you should get involved and how you can start today

Real estate investment secrets will be revealed during this special learning opportunity. Whether you are just starting out or trying to get to the next level, this is one FREE presentation that you simply cannot miss.

We look forward to having you on the Webinar!

To attend “Make Millions with Commercial Real Estate” on Wednesday, Nov. 18, at 7 p.m. ET for no cost CLICK HERE. Spots are limited and are available on a first-come, first-served basis only.

Webinars are LIVE 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.

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Tips for buying a foreclosed home

WMBF News today put together a nice punch list of things that homeowners today “need to know” before buying a foreclosure … or any other type of home for that matter.

Check it out:

  1. Double-check your credit — Check your credit report immediately to be sure it does not show any incorrect information.
  2. Talk to lenders — Check rates and offers from several mortgage professionals to find one you with whom you want to work.
  3. Home prices are still low — Now is an excellent time for a home investment.
  4. Interest rates are still good — Mortgage interest rates have dropped again to about 5 percent annually.
  5. You must have savings — A down payment is essential today.
  6. Know all costs of ownership — A rule of thumb is to budget 1 percent of the home’s purchase price per year for upkeep.
  7. Buyer beware — Invest in a home inspection before agreeing to purchase any home.

Foreclosure.com currently features more than 2 million distressed real estate listings in its nationwide database, including preforeclosures, foreclosures, Sheriff sales, bankruptcies, tax liens, auctions and much more. In short, we have a house for everyone … at the most affordable price.

So use the tips above, search our Web site for the best deals in your area and live your own American dream while the conditions are in your favor. Opportunities like this don’t come around very often.

To search for homes and other cheap real estate deals — often up to 50 percent off — right now click here.

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foreclosureScamTips

Los Angeles Times has three solid recommendations in an article today entitled, “Beware of foreclosure prevention scams.”

Here are the key points:

  1. If the company claims to be able to guarantee success in preventing foreclosure, no matter what your financial situation or mortgage details, don’t listen further to the pitch. Nobody can guarantee you’ll get a loan modification, and nobody can guarantee that your lender won’t pull the plug and foreclose.
  2. Although there is no federal law against collection of upfront fees for loan modification assistance — unlike so-called credit repair operations, through which fees are prohibited until services are completed — any company asking for $1,000 to $4,000 in advance should be checked out thoroughly by the homeowner before any payment.
  3. Mortgage modification companies that claim to have special inside connections allowing them to make your payments directly to your lender — provided you send your monthly checks to the modification company, not to your regular servicer — are almost certainly intent on one thing: cashing as many of your checks as possible, pocketing the money and leaving you unprotected and heading for foreclosure.

As of April 6, 2009, the Federal Bureau of Investigation was investigating about 2,100 mortgage fraud cases throughout the nation — a 400 percent increase from five years ago.

That doesn’t mean you shouldn’t explore the options of a possible loan modification with your lender. Just be careful.

And try not to pay any upfront money to a third-party company with an official-sounding name when you may not have to. Especially because there are free government programs such as “Making Home Affordable” that offer housing counselors and other helpful support at no cost.

To check and see if you are eligible for a loan modification use this self-assessment tool right here.

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depressed_couple

University of Pennsylvania School of Medicine recently conducted a survey of 250 homeowners in the Philadelphia, Pa., area who are facing foreclosure, revealing that nearly half of them showed symptoms of depression and 37 percent are majorly depressed.

In addition, almost 60 percent reported skipping/delaying meals because they couldn’t afford to eat, 48 percent said they couldn’t afford their medication and 65 percent of smokers are smoking more.

Here’s a snip from the study’s lead author, Dr. Craig E. Pollack:

“The foreclosure crisis is also a health crisis. We need to do more to ensure that if people lose their homes, they don’t also lose their health…. This study raises the stakes of the housing crisis. The policy push to get people into mortgage counseling should be combined with health outreach in order to fully help people during this tremendously difficult period in their lives.”

Perhaps the most troubling takeaway from this report is that it could be “just the tip of the iceberg” — other large cities/metropolitan areas have higher unemployment/foreclosure rates than the “City of Brotherly Love.”

So what can be done to cure this growing mental health problem?

First, do whatever it takes to avoid foreclosure. Use every resource at your disposal, including mortgage counseling agencies and local government assistance programs, to try and workout your situation. Professional foreclosure consultants can also be reached right here.

It’s free help … use it.

If it’s too late and you and/or your head of household are already down in the dumps contact your family physician. Depression is serious and should be treated as such sooner rather than later.

Finally, keep your head up.

Foreclosure is a tough pill to swallow, but over time things will eventually get better. It doesn’t discriminate, affecting all races and colors … even the rich and famous. You’re certainly not alone.

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money_pile

Start your own foreclosure “clean-out” business and earn up to $500,000 a year — more than $50,000 per month — with help and direction from nationally recognized author and real estate investor, Elaine Zimmermann.

All you need is desire to make $2,000 a day (up to $50,000) with your own foreclosure clean-out business and a truck to haul all your profits. No experience necessary. No special schooling. Learn everything you need to reach to decision-makers who can give you the bids to begin working in this lucrative field right now.

Register for “Make $50,000+ a Month with Foreclosure Clean-out” before it’s too late. Click here. The educational session is available to watch LIVE online during a 90-minute money-making presentation scheduled for Thursday, Aug. 27, at 7 p.m. ET.

Here are some of the tools you will discover:

  • Establish your own money-making foreclosure clean-out business with no experience
  • Begin your business with no up-front costs
  • Take advantage of the record number of foreclosures before its too late!
  • Ensure a recession-proof career — the worse the economy is, the more money you make!
  • Get everything you need to get started — no extra fees or hidden costs

The demand for foreclosure clean-out is soaring as the amount of annual foreclosures climbs to 10 times the number of a few years ago. Enter this high-paying field today!

Register for “Make $50,000+ a Month with Foreclosure Clean-out” before it’s too late. Spots are limited and filling up FAST! CLICK HERE.

Webinars are LIVE 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.

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