Released on: March 5, 2008, 10:06 pm

Press Release Author: Mark Maupin

Industry: Real Estate

Press Release Summary: Pre-foreclosure expert and investment entrepreneur, Jeff
Kaller, is coming to Chicago, IL on Saturday, February 16, 2008 and Sunday, February
17, 2008 to speak about pre-foreclosure property investment and home purchase.

Press Release Body: He will explain the advantage of pre-foreclosure and what it
means for anyone who wants to take advantage of the current real estate market.

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 and that can be 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 what
exactly a pre-foreclosure is" Jeff says, "you'll see how to benefit from it."

Technically, a pre-foreclosure is a process in which a mortgage loan is in default
due to lack of payment. Usually a notice of default will have been filed as a first
step. If the default is not cured either a judicial or non judicial proceeding is
started or 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 keep 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 than allow the value to depreciate while the
property sits idle. The home owner would rather have an investor take over the
mortgage so they can satisfy their debt. Some of the major benefits of a
pre-foreclosure purchase include the assurance of always securing a clear title,
which saves a lot of time, cost and apprehension when buying foreclosures.

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 has students from Cook, McHenry, Kane, Dupage and Kendall Counties
including Arlington Heights, Brookfield, Chicago, Franklin Park, Holbrook, Indian
Head Park, Iverness, Kensington, Greenwood, Milbrook, Richmond, Rosemont, Woodstock,
Big Rock, Kaneville, Adddison, Roselle, and Oswego, 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