Foreclosure Market Can be Way in for New Investors
Released on: October 9, 2008, 11:43 am
Press Release Author: Marv Uetel
Industry: Real Estate
Press Release Summary: The Recent Flood of Foreclosures has Caused Chaos in the Real Estate Market but Opportunities for Many New Investors
Press Release Body: Charlotte, NC - John Schaub, author and real estate investor, recently sat down with Judson and Lynn Voss of Get Real, The Real Estate Investing Show for the Rest of Us to discuss the foreclosure market. Mr. Schaub explained that there are many steps in the foreclosure process and savvy investors can profit in any of them. It is a matter of education and understanding the process in your state.
Foreclosures can also be a risky way to invest in real estate if the investor does not understand the pitfalls and risks involved. John recommended new investors learn the process and begin with the least risky approaches such as buying homes after the banks have taken them back and the home has clear title. Assisting homeowners who are "upside down" on their mortgage by performing a short sale with the bank can also be a great way to profit in the pre-foreclosure market.
More information about short sales and the process can be found at http://www.shortsalesbyben.com
If you would like more information about realistic real estate investing in today's market visit www.getrealrei.com or listen to past and current episode's of Get Real, The Real Estate Investing Show for the Rest of Us, the nation's top real estate investing podcast, at http://feeds.feedburner.com/getrealrei
Web Site: http://www.getrealrei.com
Contact Details: 200 Overhill Drive Suite B Mooresville, NC 28117 1-800-956-3845 marvuetel@roxxproduction.com