Foreclosure Fortunes: How to Make a Fortune with the Upcoming Wave of Foreclosures

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Why Foreclosure Sale Opportunities Are On the Rise:

We have all been living in larger and more expensive homes, buying more luxurious cars, wearing more fashionable designer clothing, been able to indulge ourselves with more expensive hobbies and recreational activities. As we faced brighter economic futures fueled by lower costs of energy, taxes and interest, we had fewer qualms about taking on more debt. The result is that both consumer and commercial debt loads rose at unprecedented levels and kept on rising with each new purchase.

Foreclosure Fortunes discusses how to take advantage of Foreclosure opportunities before, during and after a foreclosure auction.

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Table of Contents:

WHY FORECLOSURE SALE OPPORTUNITIES ARE ON THE RISE
EASY FINANCING FOR MARGINAL CREDIT RISKS
LOW RATES MAKE HIGHER PRICED HOUSES ACCESSIBLE
WEAK BORROWERS GOT DOWN PAYMENT ASSISTANCE
RISING UNEMPLOYMENT HIT ALL INCOME LEVELS
LENDERS ARE VOLUNTARILY WRITING DOWN LOANS
JUNIOR LIEN LEAVE EQUITY ON THE TABLE AT SALES
SOURCES OF FUNDING FOR BUY/SELL OPERATIONS
TOO MUCH CASH + TOO FEW BORROWERS = LOW RETURNS
THOSE FLEEING THE STOCK MARKET WANT HIGHER YIELDS
PENSION FUNDS AND IRAS NEED TO RECOVER LOSSES
INVESTORS ARE TURNING TO REAL ESTATE
FANTASTIC OPPORTUNITIES FOR REAL ESTATE OPERATORS
PENSION PLANS AND IRA TRUSTS CAN PROVIDE LOANS
LONG TERM INVESTORS AREN’T BEING LEFT BEHIND
UPGRADES CAN ADD 20% TO NET WORTH PER YEAR
PREPARING FOR FORECLOSURE SALES
PRE-SALE ACTIVITIES
WORKING WITH TITLE COMPANIES TO CHECK OUT LIENS
CHECKING OUT HOUSES AND ESTIMATING PROFITS
PLAN YOUR WORK, THEN WORK YOUR PLAN
QUICK SALE STRATEGIES FOR “TURNING” HOUSES
CREDIT APPROVAL IS THE KEY TO QUICK SALE PROFITS

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About the Instructor

Jack Miller

Jack is like the godfather of single family home real estate investing! He bought, sold, leased, and managed hundreds of properties over 45 years and he was one of the first people to view single family homes as an investment vehicle, not just something you lived in. He has taught seminars to sold out crowds and has helped thousands of people achieve financial freedom and success.

Products Details

Pages: 98

Publisher: Next Century Publishing

ISBN: 9781621542858

Product Dimensions: 8.5 x 5.5 x 0.25 inches

Shipping Weight: 5.7 ounces

Topics: Foreclosures