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  • Deal of the Day, Las Vegas edition: 3 bed/3 br, 3,032 sq. ft. home. Potential equity = $246,360 (119% under value!). http://bit.ly/Puk84 TM #
  • Brad Geisen to TheStreet: “Loan mods are just a short-term solution to a long-term problem.” http://bit.ly/3kFb5s TM #
  • Brad Geisen explains to TheStreet why more short sales are needed to solve the foreclosure problem (VIDEO): http://bit.ly/4DSHue TM #
  • Investor training: Make $50,000+ a month with foreclosure clean-out. http://bit.ly/3wgImy LY #
  • Brad Geisen to Credit.com: “The biggest driving factor for home purchasing right now is price.” http://bit.ly/4rqsVh TM #
  • Foreclosure Frustration: The Trouble With Loan Modifications http://bit.ly/SshqG SC #
  • Oops! A Miami woman’s house mistakenly auctioned by bank! http://bit.ly/KSNUk SC #
  • 9 Simple Touchpoints of Loyalty http://bit.ly/SLSmg SC #
  • Small world department: Linda Yates (LY) and Active Rain’s Katerina Gasset share interests and don’t even know it:http://bit.ly/20oBJ6 TM #
  • Learn how to find foreclosure deals in our August newsletter. It’s free knowledge: http://bit.ly/njscg TM #
  • Brad Geisen to CNNMoney: “Big banks are finally pricing their properties to what people will pay for them.” http://bit.ly/1xGAYk TM #
  • Brad Geisen to Reuters: “People now realize they can buy the home of their dreams at an affordable price.” http://bit.ly/1Uy6cD TM #
  • @nbostic Good call on the social media experts who don’t release their books on Kindle! SC #
  • Foreclosed homes for rent … possibly to own http://bit.ly/k8Y0H SC #
  • Texas Foreclosure Auctions – bids starting at $1,000 – http://eepurl.com/c6Y8 #
  • Headed to Orlando and the Florida Realtor Meeting, looking forward to getting updated! LY #
  • Naples, Fla. — Great vacation home. Half price foreclosure. Awesome condition. 4/3, 2,246 sq. ft. Built in 2001! http://bit.ly/GYEZZ #

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interview

Foreclosure.com Founder, President and CEO, Brad Geisen, earlier this week made the media rounds, meeting with reporters and other influential opinion shapers in New York City about the current nationwide foreclosure situation and what needs to be done to ensure it gets better sooner rather than later.

Wall Street Journal, Associated Press, Reuters, CNN and TheStreet.com were all on Tuesday’s jam-packed docket. And more opportunities for Brad to share his expert commentary with media members are in the works — he’s in high demand now more than ever.

Here’s a quick review of the stories that hit this week:

Read the rest of this entry »

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twitter2

Stay up to speed with the latest “goings on” at Foreclosure.com and the distressed real estate marketplace by following us on Twitter.com — a free service that let’s you “share and discover what’s happening right now, anywhere in the world.”

To follow Foreclosure.com on Twitter.com click here.

We’ve got several cool things in store for our current and future followers, including special promotions, breaking/cool foreclosure-related news, awesome real estate training opportunities, links to the best foreclosure deals on our Web site, contests and so much more.

Our frequent Twitter.com updates will be a group effort, featuring our Director of Business Development, Stephen Chip; Customer Support Manger, Andrew Miller;  Senior Writer/Blogger, Tom Myers (that’s me); General Manager of Agent Services, Anthony Segrich; Director of Partner Relations, Zack Preble; and Director of Education, Linda Yates, all chipping in.

It’s going to be fun a fun ride well worth following … we promise.

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What an exciting prospect!

With so many hot properties still on the market, this could be the month you find that one amazing deal of a lifetime.

But how do you narrow down your selection with so many great opportunities from which to choose?

The August 2009 edition of Foreclosure.com’s free educational newsletter, “Investment Exchange,” is now available, which details how you can find the best real estate deals in your area with half the effort … and for half the price.

Search smarter, not harder!

With the market saturated with deep discount properties, finding the one that is right for you in that perfect area will be key to making it big. And this month we’re going to show you how.

It’s a great time to make the jump, whether it’s your first home or investment. Foreclosures and bank-owned homes are more than likely now available in your area for unheard of low prices; however, these homes are in high demand.

In fact, distressed real estate sales account for a huge chunk — more than half — of all transactions today.

So it’s important to know how, when and where to search for great deals and capitalize on them before someone else does — timing is more important than ever before.

Get a jump on the competition and check out “Find the Deal” to get the head start you need today to breathe a sigh of relief (and satisfaction) tomorrow! CLICK HERE.

Remember that “Investment Exchange” is a FREE resource that Foreclosure.com provides its site visitors. Sign up to receive the educational real estate newsletter each month at no cost right here.

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bidders

Buy foreclosures now — before it’s too late

That’s the bold headline today from an extensive article on CNNMoney.com. And if you’re among our many frequent visitors then it may look familiar — we’ve been passing along the same important message as often as possible.

Put simply, it’s an incredible time to purchase a home.

Prices are down across the board, allowing first-time homeowners to finally achieve the American Dream at prices they can afford. Desirable neighborhoods that were perhaps out of the question just a few years ago are now within reach.

But how long will these market conditions, and the once-in-a-lifetime prices, last?

Foreclosure.com Founder, President and CEO, Brad Geisen, shared these thoughts in the CNN write up:

“We’re seeing [foreclosures] go very quickly. Offers come in immediately after the listing comes on the market, within 24 hours…. In this market, if [lenders] can liquidate them fast, it makes more sense to get them off the books.”

Indeed, lenders are pricing properties to ensure that they “move fast.” That means unbelievable deals, which in turn creates multiple offers and very few counter offers.

Remember that foreclosed homes are typically — even in the best market conditions — already discounted. So what we are currently experiencing are deep discounts on already discounted homes. That attracts buyers, lots of them, meaning that the distressed real estate will be cherry-picked first before investors/buyers move on to other properties.

The numbers tell the tale — more than half of all recent real estate transactions involve some type of distressed real estate or foreclosure.

So the message is simple and clear: Don’t wait around. Find a great deal. Submit your best offer. Live the good life … for half the cost!

Start searching for foreclosed homes in your area today on Foreclosure at absolutely no cost with our FREE 7-Day Trial.

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