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Real Estate Expert, Jeff Kaller, views the Foreclosure Crisis in the US as a Money Making Opportunity

Released on: March 3, 2008, 9:58 pm

Press Release Author: Mark Maupin

Industry: Real Estate

Press Release Summary: Jeff Kaller, renowned real estate investor, lecturer,
developer and property management consultant will be sharing his vast knowledge of
pre-foreclosure investment and how to take advantage of the real estate market’s
current condition.


Press Release Body:
According to, Jeff, “Generally pre-foreclosures are a great investment as long as
you know what the risks and benefits are…the property owner simply wants to get out
of the property as soon as possible, which is a great opportunity for the investor.
Because of the epic increase in home foreclosures all across the U.S., now is the
right time for investors to purchase property. Once you understand the nature of a
pre-foreclosure” Jeff says, “you’ll see how you can benefit from it.”

Foreclosure is a process which begins when a mortgage loan is in default due to lack
of payment. A notice of default is filed as a first step. If the default is not
cured, a judicial or non judicial proceeding begins, and the property is subject to
foreclosure. Pre-foreclosure is sometimes known as Lis Pendens (lawsuit pending) in
states that conduct judicial proceedings.

Usually both the lender and the home owner want to avoid this from occurring which
is why they are willing to negotiate with investors. Lenders prefer to sell the
mortgage at a lower price to investors rather than let the value depreciate while
the vacant property sits idle. The home owner would rather have an investor take
over the mortgage so they can satisfy their debt.

Jeff Kaller’s cutting-edge techniques of purchasing pre-foreclosures will be
discussed at an all-day workshop on February 28. See his website for registration
and details: http://www.jeffsworkshop.com/ Many from the Columbia area will be
attending, from Richland, Lexington, Calhoun, Fairfield, Kershaw and Saluda
Counties, including Arcadia Lakes, Cayce, Columbia, St. Andrews, Chapin, Oak Grove,
West Columbia, Ridgeway, Fort Motte, Ridge Spring and Ward, to name a few.

Contact:
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.FreeShortSaleCourse.com

Contact Details: Mark Maupin
303-B Anastasia Blvd. #148
St. Augustine, FL 32080
904-819-0676
Email Address: mgeronimo@thejeffkaller.com

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