Released on: May 2, 2008, 5:32 am

Press Release Author: Mark Maupin

Industry: Real Estate

Press Release Summary: How is it possible to purchase a home for only 50% of its
actual value?

Press Release Body: How is it possible to purchase a home for only 50% of its actual
value? As amazing as it may seem, this in not uncommon in today’s real estate
market. To learn more go to about real estate investment go to
http://www.freeshortsalecourse.com/.

Over the past four years there has been a dramatic increase in home foreclosures
across America. This accounts for the millions of homeowners who have lost their
homes or are currently facing foreclosure. Although unfortunate for displaced
homeowners, this has caused very lucrative opportunities for real estate investors.

At the pre-foreclosure stage, the owner is about to lose the ownership of the
property and the lender will soon take possession of the property and sell it at
market price. As a last resort, most people try to sell their home to any buyer just
to avoid foreclosure.

In some cases, the owner is willing to drop the normal price to 50%. Most people in
jeopardy of a foreclosure would favor this option because it enables them to walk
away without any debt and without damaging their credit score.

Lenders allow borrowers to sell their property for an amount less than what is owed
on it to avoid a foreclosure. In most cases the bank does not want to own their
property because it costs them tens of thousands of dollars to foreclose,
rehabilitate market and sell a property. Taking less than what they are owed
actually nets them more money in the long run and helps homeowners avoid the credit
issues associated with a foreclosure. The biggest advantage of purchasing
pre-foreclosed property for investors is the equity they gain with their purchase.
Many properties have equity available due to a purchase price below market value or
‘short sale’ on the part of the bank.

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
http://www.jeffsworkshop.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
Phone: 904-819-0676