Released on: December 11, 2007, 5:49 am

Press Release Author: Mary Geronimo

Industry: Real Estate

Press Release Summary: The Concern From The President Sends A Warning Signal

Press Release Body: St. Augustine, FL-In August 0f 2007 President Bush promised to
initiate steps to assist homeowners who are behind on their mortgage payments.

The President's action is of specific interest to Florida residents. An annual
statewide survey of homeownership recently found that 16% of Florida homeowners have
been or know somebody who has been in the foreclosure process. In the counties of
Broward and Palm Beach, the number of homeowners facing foreclosure has risen
steadily over the past 12 months. From 517 in 2006 to 1,420 and from 298 in 2006 to
1,063 respectively, the numbers have tripled in less than one year. Pre-foreclosure
is identified as a strategy and opportunity. The opportunities range from
intervening in the pre-foreclosure process aiding a customer to stop a home
foreclosure and redeem equity in the property to assisting a buyer in obtaining a
property at a price below market value after a bank foreclosure. President Bush
promised to position the administration behind innovative foreclosure avoidance
initiatives. Jeff Kaller, visionary, educator and real estate developer has
pioneered the most preeminent pre-foreclosure system in the United States. Kaller
specializes in a well kept industry niche; he teaches the real estate secrets of
purchasing pre-foreclosure properties while executing real estate theory to actual
practice. "As the markets experience a period of transition, investors have the
opportunity to assess and enter the market, the area that has shown particular
promise is the pre-foreclosure sector," said Kaller. All though some monthly
commitments are met when it comes to mortgage payments, with a jump of interest
rates the average home owners has found it increasingly difficult. Now all
Borrowers, regardless of class and financial standing, ae finding it difficult to
get new loans. Pre-foreclosures create a whole category of homes and potential
investments. Any investor should take caution noting that these properties may have
risks in the form of liens or other debts so education in specific techniques is
essential. The mortgage crisis is exposing large vulnerable openings in the
country's financial fabric. Additional tips to creating wealth include: Follow the
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Contact Information:
Paramount Promotions LLC (The Countries Leading Short Sale Trainer)

Mary Geronimo
303-B Anastasia Blvd. #148
St. Augustine, FL 32080
904-819-0676
Email Address: mgeronimo@thejeffkaller.com
http://www.FreeShortSaleCourse.com
This Press Release has been submitted by PREasy.com



Web Site: http://www.FreeShortSaleCourse.com

Contact Details: Mary Geronimo
303-B Anastasia Blvd. #148
St. Augustine, FL 32080
904-819-0676
Email:mgeronimo@thejeffkaller.com