Expert Realtor and Pre-foreclosure Specialist, Jeff Kaller, Explains how to Take Advantage of a `Buyer`s Market` and gain `Instant Equity`
Released on: March 5, 2008, 11:08 pm
Press Release Author: Mark Maupin
Industry: Real Estate
Press Release Summary: Jeff Kaller is nationally renowned as the one of the top pre-foreclosure investors in the field. He's earned that reputation over the years by perfecting his method for pre-foreclosure purchases. During this time when the nation's foreclosure rate is at a 4% increase and rising, Mr. Kaller's techniques are being sought after by everyone who sees the potential to make a profit.
Press Release Body: Most people see what is happening to the U.S. real estate market as being a depression. However, pre-foreclosure expert and real estate entrepreneur, Jeff Kaller sees it as opportunity. With the real estate market flooded with affordable housing, he foresees a growth in the number of people pursuing their dream of owning a home or profiting off investment property.
Realtors refer to this as a buyers market, which means the cost of property for sale is relatively low. Many properties have equity due to a purchase price below market value. This means "instant equity" for anyone who purchases one of these homes which is one of the the biggest advantages of purchasing pre-foreclosed property. Second, new construction is standard for many foreclosure properties due being one to two years old with builder warranties still in place.
For investors, the property is ready to rent, such as pre-foreclosures; the sellers are often interested in renting the home as a tenant. This gives them time to repair credit and perhaps re-purchase the home in the future. Mr. Kaller advises professional investors to seek out specific niches, such as low-income housing or condominiums. Less-seasoned investors should stick with single-family homes in lower-middle- to middle-class neighborhoods, where resale likely will be easier.
Jeff Kaller will discuss the technique of negotiating short sales at two all-day workshops in Chicago, IL on February 16th and 17th. Registration and additional information are shown on his website at http://www.jeffsworkshop.com/
Jeff Kaller is expecting people from Cook, McHenry, Kane, Dupage and Kendall Counties, including Alpine, Barrington, Calumet City, Chicago, Eastside, Englewood, Ford Heights, Glenn, Hastings, Melrose Park, Sauganash, Algonquin, Crystal Lake, Prairie Grove, Aurora, Geneva, Montgomery, Lisbon, Yorkville, and Newark, to name a few. Contact: 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.FreeShortSaleCourse.com
Contact Details: Company Name: Paramount Promotions LLC Mark Maupin 303-B Anastasia Blvd. #148 St. Augustine, FL 32080 904-819-0676 Email:mary.geronimo@gmail.com