Jeff Kaller, AKA Mr Pre-Foreclosure, Explains the P`s and Q`s of Investing in Pre-Foreclosed Properties

Released on: April 24, 2008, 11:08 pm

Press Release Author: Paramount Promotions LLC

Industry: Real Estate

Press Release Summary: "Buying a pre-foreclosure, that is a home not yet in
foreclosure, can be a worthwhile investment, whether you use the property as your
home or as an investment," says Jeff Kaller.

Press Release Body: "There is also an added benefit of helping a distressed
homeowner who needs to sell. From a market standpoint, this can be a beneficial
experience for both parties. Many people, in fact, make a full-time profession of
purchasing pre-foreclosure homes and reselling them," explains Kaller in a recent
interview.

Pre-foreclosures are houses in the default phase of foreclosure; where the bank has
filed initial foreclosure papers. Buying during the pre-foreclosure period, before
the Sheriff Sale or Trustee Sale, is one of the best ways for anyone to get involved
in real estate investing.

Jeff also explained that buying houses in pre-foreclosure enables the investor to
create unusually large equity spreads. Clearly the sub prime mortgage crisis has
produced economic uncertainty and has caused a lot of foreclosures which are
investment opportunities for Kaller and his students.

Current reports indicate this is true. Recent studies show some of the best bargains
in the foreclosure market are realized in pre-foreclosed properties. Training and
education are essential to recognizing pre-foreclosure opportunities.

Jeff Kaller teaches his students to negotiate with the lender to discount what is
owed on the mortgage; large spreads of equity can be created on houses that are over
leveraged with loans. His students have learned how this type is done only on homes
where loans are in default. Because lenders are under pressure to liquidate bad
loans rather than take the property back, large discounts can be negotiated. After
becoming familiar with the issues that cause lenders to discount, larger discounts
can be achieved as investors develop their negotiating skills.

"Once you find how easy pre-foreclosure makes it to buy houses cheap and resell for
five figure profit checks, it makes little sense to pursue real estate investing any
other way in today's market," says Kaller.
Jeff offers free lessons and instructions for the amateur investor who wants to get
in on the profit making. His free e-book is available at his website
http://www.freeshortsalecourse.com/
Jeff Kaller discusses the technique of negotiating short sales at his workshops; he
does them all over the US. Registration and additional information are shown on his
website at http://www.jeffsworkshop.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
http://www.jeffsworkshop.com/

This Press Release has been submitted by PREasy.com


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

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

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