Adjustable Rate Mortgages have done their Damage and they aren`t Done Yet

Released on: March 26, 2008, 4:06 am

Press Release Author: Mark Maupin

Industry: Real Estate

Press Release Summary: Homeowners all across the U.S. have been hit hard by the
increase of interest rates on adjustable rate mortgages (ARMs). But the onslaught
isn't over yet, real estate professionals say rates are about to reset in coming
months.

Press Release Body: Throw in a credit crunch that will close off most opportunities
to refinance to falling housing prices, and it\'s likely that hundreds of thousands
more will face foreclosure. Most will not be able to find help, and the foreclosure
rate could climb even higher than it did in 2007. Reaction from state and federal
officials continues to give lenders and loan services the benefit of the doubt in
the form of voluntary compacts and agreements to pick up the pace and increase the
volume of loan modifications.
To almost every housing counseling hotline in the region, the phone calls are
incessant. The average foreclosure prevention counseling agency, is answering 150
calls a week from borrowers, far more than it can actually help. Nationwide, the
wait time to see a counselor used to be one day, now the homeowner in need can
expect to wait one week. More and more experts agree that the damage can't be
undone.
Renowned real estate investor and instructor, Jeff Kaller, suggests a different
approach to solving this problem. "Pre-foreclosure investing is the most effective
solution to salvage the real estate market" he said. Seminar training from
professionals is the best method to find pre-foreclosures. \"You need quality real
estate training and education from a real-world, hands on professional to work with
you. The real estate market is in the midst of a major correction and opportunities
must be recognized first.
Jeff teaches the real estate secrets of purchasing pre-foreclosure properties while
executing real estate theory to actual practice. To learn more go to
http://www.freeshortsalecourse.com/

Contact Information:
Paramount Promotions LLC (The Countries Leading Short Sale Trainer)

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.jeffsworkshop.com/

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

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