Preforeclosure Investing

You are currently browsing the archive for the Preforeclosure Investing category.

Preforeclosure Deals

Do you want to learn how to find, negotiate and resell properties for big bucks with just a $10 deposit?

Great, because industry expert Lance Young is going to show you how to do just that when he shares his blueprint for success during an online real estate training session called, “Preforeclosure Deals.”

During a 90-minute Foreclosure.com interactive educational Webinar, Lance Young — a renowned real estate investing expert — will walk you through his easy-to-follow and wildly successful techniques to quickly make tremendous profits with distressed properties.

Here are just some of the tips you will learn:

  • Where and how to find preforeclosure properties
  • How to easily buy and sell preforeclosure properties
  • Learn to negotiate with banks to get the best deals
  • How to maximize your profit on EVERY deal

Catch this amazing opportunity to learn all about the preforeclosure process on Tuesday, August 28, 2007, at 9 p.m. ET/6 p.m. PT. Register online right now — it’s a cinch!

Lance Young’s expertise in real estate investing is grounded in more than 19 years of independent real estate deals and mentoring of novice investors. His investing techniques require just a $10 contract deposit and 10 hours a week finding the most profitable opportunities.

That’s it!

So if you want to learn the proven tips and investment strategies on how to take advantage of one of the most lucrative investment opportunities in real estate, preforeclosures, then you must check out this one-of-a-kind Webinar presentation.

Space is limited, reserve your seat today!

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.

No comments

letter.jpg

The preforeclosure stage is a time when a homeowner is behind on his or her mortgage and the lender has filed an official Notice of Default (NOD) or Lis Pendens (LIS) to recoup the payments.

This will often lead to foreclosure if the homeowner cannot come up with the cash or negotiate a deal with the lender to remain in the home.

Rather than face eviction and endure personal credit turmoil, a distressed homeowner in preforeclosure will often look to sell the property as soon as possible and use the proceeds to pay off outstanding debts with the lender and relocate.

It’s an unfortunate situation — one that is outside the control of anyone but the homeowner and lender. However, working with a homeowner to resolve the matter before foreclosure is one way to help and provide him or her with much-needed relief.

It can also translate into huge savings because preforeclosure investing gives you the most options and highest percentage of profit.

Here’s a tip to get you started:

When working preforeclosures, the earlier you make contact with the homeowners, the more options you have to capitalize on great deals.

How do you do that?

First, you need to identify homeowners in your area who are in preforeclosure. This can be accomplished at no cost or obligation using our FREE 7-Day Trial.

With a solid set of leads it is then smart to drive into the neighborhoods and canvas the homes from the curb to determine which are the most desirable.

The next step is to communicate with the homeowner. This can be done in a few different ways, and we recommend that you try multiple approaches to ensure that you get noticed by the homeowner.

Here are a few quick methods to contact a homeowner in preforeclosure:

  • Letters
  • Post cards
  • Contact the homeowner’s attorney
  • Direct purchase
  • Short sale
  • Mortgage purchase

We expand on each of these strategies in our e-Book entitled “Cash-in on the Foreclosure Process: How to buy a Foreclosure.”

This educational resource is packed with tips and advice that is required reading if you plan to get started investing in distressed real estate.

Best of all, we’ll email it to you at no cost with our FREE 7-Day Trial.

7 comments

new-home-family.jpg

Part 1 | Part 2 | Part 3

This week we’ve discussed myriad benefits of pursuing preforeclosure deals. Basically, it’s a fantastic opportunity to crack into the real estate investment market.

Here are our final thoughts on what makes preforeclosures so desirable:

  • Lenders prefer to liquidate a bad loan rather than take property back. Therefore, you can request that a lender discount what is owed on its payoff. This strategy, which can’t be done on a loan not in default, can create a large equity spread on a house that is totally “maxed out
8 comments

woman-piggy-bank.jpg

Part 1 | Part 2 | Part 3

Apologies for the cliffhanger

2 comments

wet-feet.jpg

Part 1 | Part 2 | Part 3

Want to make a nice profit investing in real estate, but don’t nowhere to begin?

That’s a common problem that many future investors often encounter because there are several ways to make money doing it. None of which, however, are smarter and relatively safer than getting started with preforeclosures.

Before we go further, please keep in mind that sure-fire

5 comments
Page 2 of 2«12
Privacy Policy | Terms and Conditions of Service
© Foreclosure.com / ForeclosureFreeSearch, Inc. 1999-2009. All Rights Reserved.

Foreclosures | Foreclosure Listings