Released on: January 28, 2008, 10:33 am

Press Release Author: Seb Frey

Industry: Real Estate

Press Release Summary: Foreclosures have seen a big rise over the past couple of
years. In 2007 alone, foreclosure rates more than tripled according to experts in
the region. Consequently, now is probably the best time for investors and first time
homebuyers to get a great deal. There are few Realtors who are specialists in
Foreclosure Real Estate, who have the knowledge and expertise to find the best
foreclosure deals and negotiate the best prices.

Press Release Body: Capitola, California, ( Expresspressrelease ) 01/28/2008 - href=http://santacruzhomebroker.com>Santa Cruz is a uniquely beautiful part of
California and is renown for its breathtaking coastline, world-class surfing,
soaring redwood forests, and for the highly acclaimed University of California at
Santa Cruz. Many people from across the United States and beyond have, for these and
other reasons, owned or sought to buy property here.

ately, the number of foreclosures in this region has been seeing a rise like never
before. This is a nation-wide phenomenon, with many areas across the country
experiencing skyrocketing mortgage default and foreclosures. The cause is widely
blamed on ARMs (Adjustable Rate Mortgages) whose rates have increased, but there are
other factors as well.

Many people bought real estate that they could scarcely afford to pay for, and had
speculated that prices would continue to appreciate and that they could sell their
property in a short period of time for a significant profit. With the cooling of
the real estate market, these price rises failed to materialize and many owners have
been forced into foreclosure because they cannot make their payments and cannot sell
their properties, which in many cases have declined slightly or substantially in
value since they were purchased.

The sharp rise in foreclosures is a hot opportunity for both real estate investors
and first time buyers alike. Some local Realtors have seized the opportunity to make
the best of a bad situation, by working to facilitate the transfer of real estate
from weak ownership to strong ownership.

A few key Realtors in the Santa Cruz area have been working with banks to sell
foreclosed property at rock bottom pricing. Seb Frey, a Broker Associate with
Thunderbird Real Estate in Capitola, is one of the top Foreclosure Realtors in Santa
Cruz County. Mr. Frey runs Santa Cruz County's most useful and feature-packed web
site: SantaCruzHomeBroker (http:/santacruzhomebroker.com).

According to Mr. Frey, "SantaCruzHomeBroker.com is a fantastic site for investors
looking for bargain properties in Santa Cruz County. There are many opportunities
for so-called Short Sales, and also REO property - that's property which the bank
already has foreclosed on and sells very cheaply to dispose of quickly."

The SantaCruzHomeBroker.com web site provides a page of Foreclosure Resources at href=http://santacruzhomebroker.com/foreclosures/>http://santacruzhomebroker.com/foreclosures/.
Many people from across Santa Cruz county and beyond are visiting this page and
signing up to receive free e-mailings of Short Sale and Bank-Owned REO real estate,
which Seb prepares and sends out to subscribers on a weekly basis. Additionally,
people can sign up to receive Seb's exclusive, free, ten-page report entitled "The
Santa Cruz Foreclosure Report." This easy-to-read, fact-filled report answers many
questions and dispels many myths surrounding the Foreclosure side of the Santa Cruz
real estate market.

This is shaping up to be a banner year for Real Estate investors in Santa Cruz
County - particularly in Watsonville, which has seen the sharpest declines in home
prices as well as the largest rise in mortgage defaults and foreclosures. Many
savvy real estate investors and other would-be buyers have been on the sidelines of
the Santa Cruz County market for years. For these buyers who have been waiting,
their ship has come in. There is a limited time to get aboard before this cycle
makes its inevitable swing upward again. Potential buyers would be wise to take
advantage of this unusual market and the opportunities for gain it presents.

Contact Information:
Seb Frey
Thunderbird Real Estate
3555 Clares Street, Suite WW - Capitola, CA 95010
(831) 239-6727
http://santacruzhomebroker.com

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Web Site: http://santacruzhomebroker.com

Contact Details: Seb Frey
Thunderbird Real Estate
3555 Clares Street, Suite WW - Capitola, CA 95010
(831) 239-6727
http://santacruzhomebroker.com