Real Estate Made Easy

 

A 6 STEP GUIDE TO BUYING BANK FORECLOSURES AT Least 50-60% BELOW THE APPRAISED VALUE

 

I've condensed 6 years of buying foreclosed home experience into 10 pages so that virgin investors would have a blueprint for the next five years, and learn it in less than an hour.   This document should be used with caution and is not to be used more than once.  The activities learned should be not be applied immediately, and this ebook helps you to do the following: make $20,000 (from buying and selling just one property); take the first step to completing a deal; and believe that you are confident enough in yourself to invest in real estate. This ebook won't make you rich overnight, but it wil eliminate your debt.

Bank owned properties are at an all-time high in many areas and investors are cashing in and making huge profits.  Have you ever watched those late-night infomercials and thought of purchasing their real estate buying systems, or maybe purchased them, and never bought a single property?  Did you ever notice they never mention selling, which is where you make your money?  Did you know that 97% of the people who buy one of those systems never buy a single property, waisting $300 or $400?  The information is overwhelming, which is part of the reason I wrote this ebook.  I wanted to simplify things for my friends who often asked me questions.  I condensed over 5 years of hard-earned experience into 10 pages so that virgin investors would have a five year blueprint of what to do and learn it in less than 1 hour.  Television hypes people up to make millions of dollars investing in real estate, but let's just start with making $40,000 to $50,000.  

Everyone I know thought getting cash at close was great 4 years ago.  However, the second year their taxes doubled because the property was non-owner occupied and their so-called professional coaching system never warned them.  Then, they realized the following: they'd paid too much for the property, were paying interest on a higher loan amount, the money they got at close was actually a loan, and the seller raised the sale price to give them the cash they wanted.  Now, they want to sell but can't because what they owe is higher than that for which the property will sell...

This Ebook will show you:

1. How to get Free Foreclosure Listings emailed to you every day. 
2. Checklist of 11 ideas to help you sell quickly
3. How to buy bank foreclosures at (50%-60%) below the appraised value.
4. How to Obtain Business lines of credit not associated with your social security number:
    Never have to get another mortgage (Business Credit)
5. How to determine the appraised value without leaving your computer.
6. How to understand the use of the State Eqalized Value (SEV) and how investors should use it.
7. How to get your offers accepted.
8. How to close on deals in two weeks without having to submit all of your financials for every deal.
9. How to calculate your offering price and your purchase price.  

10. BONUS: The names and phone numbers of banks that will give you cash to do repairs.

Avoid these and many other costly errors by purchasing this ebook for only $7.95. 

 

June 16, 2008

Bank Foreclosure Property Myths
By Adam Masterson

People tend to steer clear of foreclosure properties because of
one of the many myths that they have. A bank foreclosure
property is easy to understand and buy if you know the facts.
Unfortunately, as this industry has grown, there have been a lot
of myths that have started to surface. If you are looking for a
bank foreclosure property to invest in, you will be well served
to learn about all of the myths. In the end, you will get a home
that is much more along the lines what you were looking for, and
thats what its all about, right?

1. Myth 1 - It's Impossible To Lose Money

The first myth is that you will always be guaranteed to make
money if you buy a foreclosure property. Even though it is very
possible that you will make a profit on the home, there are also
times when you will simply have to take a loss. Bank foreclosure
property investing can be a very tricky business; on some
properties you will win, and on some you will lose, but the good
thing is that as you gain experience you will become more
successful at the process.

2. Myth 2 - The Homes Will Cost Next To Nothing

Another myth that goes along with buying a bank foreclosure
property is that you will be able purchase the home for pennies.
Remember, foreclosures are sold so that the bank can make money
as well. This means that they are going to be selling the home
for as much money as they can. Of course this does not mean that
you wont get a good price; just do not expect to buy a bank
foreclosure property for a dollar or two!

3. Myth 3 - You'll Be Able To Flip The House Immediately

Its up to your common sense to help you to dispel the myths
surrounding foreclosure properties. The thing that you as an
investor must remember is that these myths can cost you time and
money. By knowing what they are and how to avoid them, you will
be able to make your next bank foreclosure property purchase a
success. Chances are, you have nothing to worry about anyways,
with the exception of spending too much on repairs and making a
loss.

About the Author: For more great foreclosure related articles
and resources check out
http://onlyforeclosure.info

Source: http://www.isnare.com

Permanent Link: http://www.isnare.com/?aid=87134&ca=Real+Estate

 

 

 

 

 Josh White