Released on: March 26, 2008, 3:57 am

Press Release Author: Mark Maupin

Industry: Real Estate

Press Release Summary: Due to the huge increase of home foreclosures across the
nation, the cost of homes on the market has lowered. This could mean opportunity for
anyone who wants to take advantage of the current real estate market.

Press Release Body: As interest rates rise more and more homeowners are falling into
foreclosure situations. This causes the real estate market to be flooded with
affordable homes for sale. Since lenders want to encourage consumers to purchase
homes, interest rates are being lowered as well.

Furthermore, investors can utilize the “short sale” strategy which will enable them
to negotiate a low purchase price. A ‘Short Sale’ is where the bank takes a lower
payoff amount in order to allow the homeowner to avoid foreclosure. A homeowner
looking to sell their house can make the deal even sweeter by utilizing the buyer\'s
appraisal to price the property rather than using an independent appraiser. 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
you avoid the credit issues associated with a foreclosure.

Jeff teaches the real estate secrets of purchasing pre-foreclosure properties while
executing real estate theory to actual practice. Check out his workshops- Jeff is
doing them all over the country 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
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