Released on: March 26, 2008, 4:00 am

Press Release Author: Mark Maupin

Industry: Real Estate

Press Release Summary: Homeowners all across the U.S. have been hit hard by the
increase of interest rates on adjustable rate mortgages (ARMs).

Press Release Body: Renowned real estate investor and instructor, Jeff Kaller, says
that pre-foreclosure investing is the most effective solution to salvage the real
estate market.
Buying a property in pre-foreclosure involves offering to buy the property at a
discount. Usually both the homeowner and the mortgage lender are willing to
cooperate with an investor because it is in their interest to. The home owner
benefits from by walking away from their debt and avoiding a bad mark on their
credit history. The mortgage lender is able to recover money that would have been
lost if the property was foreclosed and sat vacant.
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.
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. Throw in a credit crunch that will close off most opportunities to
refinance to falling housing prices, and it\'s likely that hundreds of thousands more
will face foreclosure. Most will not be able to find help, and the foreclosure rate
could climb even higher than it did in 2007. With the housing market headed for more
trouble, Jeff Kaller suggests that pre-foreclosure investing will be the best way to
make money in now and for several years to come.
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