(EMAILWIRE.COM, May 01, 2008 ) Boulder, CO-- Pre-foreclosure expert and investment entrepreneur, Jeff Kaller, is teaching his pre-foreclosure property investment and home purchase techniques to students nationwide. For more information, go to www.jeffsworkshp.com.

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 and that can be 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 what exactly a pre-foreclosure is” Jeff says, “you’ll see how to benefit from it.”

Technically, a pre-foreclosure is a process in which a mortgage loan is in default due to lack of payment. Usually a notice of default will have been filed as a first step. If the default is not cured either a judicial or non judicial proceeding is started or 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 or sit idle. The home owner would rather have an investor take over the mortgage so they can satisfy their debt. Some of the major benefits of a pre-foreclosure purchase include the assurance of always securing a clear title, which saves a lot of time, cost and apprehension when buying foreclosures.

Of course, there are always the inherent risks to this type of venture. This is a low threat investing vehicle therefore the rewards reflect low end results. Armed with the right information, discounts of 25% or more are possible even though the average savings ranges from only 5% to 15% off market value. Sale agreements are adjustable and flexible and the investor has adequate time to research on the conditions of foreclosure home, title and the hidden liens.

Investing in pre-foreclosures can provide excellent profits but it’s always important to remember to do your homework before you buy. When you find the right property and prepared to investment, this can be a great way to get started. Jeff Kaller offers a free guide to purchasing pre-foreclosed homes at www.freeshortsale.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

Contact Information:
Mr. Pre-Foreclosure
Mark Maupin
Tel: 904-819-0676
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