nShort Sale Specialist, Jeff Kaller, Lsts the Basic Steps for Investing in pre-foreclosure Properties

Released on: March 5, 2008, 10:20 pm

Press Release Author: Mark Maupin

Industry: Real Estate

Press Release Summary: Jeff Kaller specializes in "The Art of Pre-Foreclosure";
locating properties where owners are behind in their payments, but lenders are not
quite ready to take drastic action. He is coming to Chicago, IL on Saturday,
February 16, 2008 and Sunday, February 17, 2008 to speak about pre-foreclosure
property investment.

Press Release Body: A pre-foreclosure is a property on which the bank has begun
foreclosure because the owner has missed several mortgage payments. Banks generally
don\'t want foreclosed properties on their books, so they are sometimes willing to
accept an offer below the actual value of the home. This means huge real estate
investing opportunities await any who can purchase the mortgage at a discounted
price.

According to Jeff, there are several critical points of understanding that advance
the pre-foreclosure investing plan:

. When the bank initiates foreclosure on a property, an investor can buy it up to
the day of the foreclosure auction
. There are unique and flexible sales agreements that can be arranged Acquiring a
pre-foreclosure property affords you a real estate investment at a discount
averaging from 20% to 35% off market value
. Knowing efficient courthouse research techniques maximize pre-foreclosure property
searches that can be time-consuming
. It will be necessary to negotiate with all lienholders property; this is an
acquired skill.
There is a side benefit generated from the pre-foreclosure investment strategy that
is sometimes overlooked. As the buyer you are providing a source of support and
safety to the homeowner. When you buy a pre-foreclosure, you help save the
homeowner\'s credit by avoiding a foreclosure auction. It's a win-win for the buyer
and the seller.
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

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