Released on: April 15, 2008, 7:52 pm

Press Release Author: Cassandra Merrill

Industry: Real Estate

Press Release Summary: Top Paso Robles Real Estate Agent, Cassandra Merrill,
Educates Clients on How to Buy Foreclosures

Press Release Body: April 15, 2008

PASO ROBLES, CA - In the news you have continued to hear about the crashing subprime
lending market and the rising numbers of foreclosures. Have you ever wondered how
investors buy foreclosures? Do you know the difference between a Notice of Default,
Notice of Sale, Trustee Auction, and REO (Bank owned property)? Did you know there
is a way to purchase foreclosure properties directly from the bank? You can
negotiate these properties with a realtor on a standard purchase agreement with a
standard 30 or 60-day escrow.

Did you know you could finance these properties just like you can on regular
properties? You don't have to pay cash at the auction or county courthouse steps.
You can purchase these properties with a purchase agreement that allows you to do
inspections, reports, and investigate the property under a due diligence time frame.
Just as with any due diligence time frame you can back out under this clause if you
are not satisfied with your findings. You can also build in loan contingencies to
protect your deposit.

But the best thing of all is you can get these foreclosures and bank owned
properties at some amazing prices. These banks have gone through the foreclosure
process and now own these properties. They are sitting on their books, losing money
every day. The banks are not emotional sellers and want these properties off their
books and sold. They usually price these properties under market value to solicit a
buyer quickly.

Would you like to learn more about this Foreclosure and REO market? Would you like
to get a list of all the REO properties in your area? Would you like to take a tour
of these properties to see some amazing deals? Well, you are in luck. I am going to
be giving a monthly seminar on Foreclosures and REO's. The lecture part of this
seminar will last approximately 1 hour. I will teach you the
FACTS about the foreclosure market and what pitfalls to watch out for. I will also
teach you how you can finance, negotiate, and secure a great deal on a bank owned
property on your terms.

After this one-hour lecture, those of you who want to look at some local REO
properties, I will take you on a personal caravan tour. We will pick out 4-6 local
properties and take a look. You can see for yourself what these bank-owned
properties look like, ask questions, and investigate some great deals in a
non-threatening casual manner. I am offering this seminar to my clients / investors
and their friends and family absolutely free. I want to help educate you on the
foreclosure market, what the misconceptions are and how you can really get a great
deal! I have seen bank-owned properties sell for 10-25% under fair market value.
This could save you tens to hundreds of thousands of dollars.

My next seminar is going to be on Saturday, April 26th at 10:00am. We are meeting
at the
Paso Robles Association of Realtors board office located at 1101 unit A Riverside
Avenue in Paso Robles. Please bring your friends and family that might be
interested in learning about the foreclosure process and how to make a killing
buying bank owned properties. If you have any questions you can always call me at
805-331-3310. I hope to see you there!

About Cassandra Merrill, San Luis Obispo County Realtor

Cassandra Merrill is a Top Selling Agent and Top Listing Agent in San Luis Obispo
County. Her specialty in this region includes real estate in Paso Robles, San Luis
Obispo, Atascadero, Templeton and Pismo Beach. Cassandra Merrill can be contacted
at 805-331-3310, or by visiting http://www.cassandramerrill.com.

Questions regarding this release should be direct to info@cassandramerrill.com.


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

Contact Details: 805-331-3310
cassandramerrill@magnifionline.com