Released on: March 26, 2008, 3:47 am

Press Release Author: Mark Maupin

Industry: Real Estate

Press Release Summary: Buying a foreclosure can be a lucrative investment, locating
a foreclosure before anyone else allows you to be the only person negotiating with a
motivated seller. To learn more go to http://www.freeshortsalecourse.com/.

Press Release Body: Buying a property in pre-foreclosure involves approaching the
borrower or owner and offering to buy the property outright which means at a
discount. The owner benefits from this by walking away from their and avoiding a bad
mark on their credit history. This pre-foreclosure process also gives the buyer the
time to research the title and condition of the property.
Deals of this nature typically realize discounts of 20 to 40 percent below market
value. In today\'s heated sub prime market, those numbers are very realistic. With
the foreclosure rate running at a record-setting pace it is understandable why many
homeowners are willing to do anything or sign anything to keep from losing their
homes. Clearly today\'s market environment is attractive to the pre-foreclosure
investor. According to the Mortgage Bankers Association, consumers with normally
good credit are also defaulting on their mortgages.
More than 5 percent of loans across the country were delinquent, up from last year.
It should be noted that delinquent loans do not include homes in foreclosure however
they maybe in the pre-foreclosure stage. Equally noteworthy, trillions of dollars in
mortgages will reset by year\'s end so homeowners who were able to pay their mortgage
bills until now, may be at risk of missing house payments as well.
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
This Press Release has been submitted by PREasy.com


Web Site: http://www.jeffsworkshop.com/

Contact Details: Mark Maupin
303-B Anastasia Blvd. #148
St. Augustine, FL 32080
904-819-0676
Email:mgeronimo@thejeffkaller.com