Expert Real Estate Investor, Jeff Kaller, Explains why the Cost of Homes on the Market has Declined
Property Investors can use the current market conditions to their advantage
(EMAILWIRE.COM, March 27, 2008 ) San Francisco, CA. -- Due to the huge increase of home foreclosures across the nation, the cost of homes on the market has lowered. This could mean opportunity for anyone who wants to take advantage of the current real estate market.
As interest rates rise more and more homeowners are falling into foreclosure situations. This causes the real estate market to be flooded with affordable homes for sale. Since lenders want to encourage consumers to purchase homes, interest rates are being lowered as well.
Furthermore, investors can utilize the “short sale” strategy which will enable them to negotiate a low purchase price. A ‘Short Sale’ is where the bank takes a lower payoff amount in order to allow the homeowner to avoid foreclosure. A homeowner looking to sell their house can make the deal even sweeter by utilizing the buyer's appraisal to price the property rather than using an independent appraiser. In most cases the bank does not want to own their property because it costs them tens of thousands of dollars to foreclose, rehabilitate market and sell a property. Taking less than what they are owed actually nets them more money in the long run and helps you avoid the credit issues associated with a foreclosure.
Jeff teaches the real estate secrets of purchasing pre-foreclosure properties while executing real estate theory to actual practice. Check out his workshops- Jeff is doing them all over the country http://www.jeffsworkshop.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
As interest rates rise more and more homeowners are falling into foreclosure situations. This causes the real estate market to be flooded with affordable homes for sale. Since lenders want to encourage consumers to purchase homes, interest rates are being lowered as well.
Furthermore, investors can utilize the “short sale” strategy which will enable them to negotiate a low purchase price. A ‘Short Sale’ is where the bank takes a lower payoff amount in order to allow the homeowner to avoid foreclosure. A homeowner looking to sell their house can make the deal even sweeter by utilizing the buyer's appraisal to price the property rather than using an independent appraiser. In most cases the bank does not want to own their property because it costs them tens of thousands of dollars to foreclose, rehabilitate market and sell a property. Taking less than what they are owed actually nets them more money in the long run and helps you avoid the credit issues associated with a foreclosure.
Jeff teaches the real estate secrets of purchasing pre-foreclosure properties while executing real estate theory to actual practice. Check out his workshops- Jeff is doing them all over the country http://www.jeffsworkshop.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
Contact Information:
PrEasy
Mark Maupin
Tel: 248-939-6232
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
PrEasy
Mark Maupin
Tel: 248-939-6232
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
|
Private Equity, Angel Investing
Equity Alliance / Private Equity, Angel Investing, / IPO, Venture Capital & IR services / Equity Alliance International Equityallianceir.com Penny Stocks to Watch Sign up for hot penny stock picks Gains of 500%+ possible! Premiumstockpicks.com/landing/ Your text Ads & PR Text Ads plus unlimited press releases, One release featured/Day for only $575 per month. Read more on Text Ads & PR Your text Ads Here! Text Ads are only $289 per month. Ads are placed same day. More on Text Ads Advertising |




