(EMAILWIRE.COM, March 23, 2008 ) Golden, CO -- It's important to be prepared before buying Pre-foreclosure property. Most banks will negotiate a price less than what is owed on the mortgage in order to get some return on the property but the transaction usually must happen very quickly to make it worthwhile for the bank to agree to the sale.
This creates a text-book pre-foreclosure "short sale" situation. In today’s sub-prime market, distressed home owners can expect to gain very little from the foreclosed sale of their home. Often the loan amount still owed is greater than the value of the house.
The most attractive opportunity to buying a foreclosure is the pre-foreclosure stage. This phase occurs before the property is at the courthouse auction. At this point the property is not yet in foreclosure and the lender is usually willing to negotiate an affordable purchase price. Before purchasing the property though, investors should first do some research on the property to find how much money is owed on it.
Today's real estate market condition has caused a need for mortgage industry professionals to receive training in pre-foreclosure consulting techniques. Even established real estate firms report that most of the requests for training to start pre-foreclosure consulting departments come from real estate mortgage industry brokers and loan officers mortgage professionals. Industry wide, they now desire to add pre-foreclosure consulting services to their businesses for obvious reasons. This has put courses like those taught b y Jeff Kaller in high demand.
Jeff teaches the real estate secrets of purchasing pre-foreclosure properties while executing real estate theory to actual practice. 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

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Mark Maupin
Tel: 248-939-6232
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