Real Estate Expert, Jeff Kaller, views the Foreclosure Crisis in the US as a Money Making Opportunity
Released on: March 3, 2008, 9:58 pm
Press Release Author: Mark Maupin
Industry: Real Estate
Press Release Summary: Jeff Kaller, renowned real estate investor, lecturer, developer and property management consultant will be sharing his vast knowledge of pre-foreclosure investment and how to take advantage of the real estate market's current condition.
Press Release Body: According to, Jeff, "Generally pre-foreclosures are a great investment as long as you know what the risks and benefits are.the property owner simply wants to get out of the property as soon as possible, which is a great opportunity for the investor. Because of the epic increase in home foreclosures all across the U.S., now is the right time for investors to purchase property. Once you understand the nature of a pre-foreclosure" Jeff says, "you'll see how you can benefit from it."
Foreclosure is a process which begins when a mortgage loan is in default due to lack of payment. A notice of default is filed as a first step. If the default is not cured, a judicial or non judicial proceeding begins, and the property is subject to foreclosure. Pre-foreclosure is sometimes known as Lis Pendens (lawsuit pending) in states that conduct judicial proceedings.
Usually both the lender and the home owner want to avoid this from occurring which is why they are willing to negotiate with investors. Lenders prefer to sell the mortgage at a lower price to investors rather than let the value depreciate while the vacant property sits idle. The home owner would rather have an investor take over the mortgage so they can satisfy their debt.
Jeff Kaller's cutting-edge techniques of purchasing pre-foreclosures will be discussed at an all-day workshop on February 28. See his website for registration and details: http://www.jeffsworkshop.com/ Many from the Columbia area will be attending, from Richland, Lexington, Calhoun, Fairfield, Kershaw and Saluda Counties, including Arcadia Lakes, Cayce, Columbia, St. Andrews, Chapin, Oak Grove, West Columbia, Ridgeway, Fort Motte, Ridge Spring and Ward, 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: Mark Maupin 303-B Anastasia Blvd. #148 St. Augustine, FL 32080 904-819-0676 Email Address: mgeronimo@thejeffkaller.com