|
Home | Medical-Newswire.Com:
|
(EMAILWIRE.COM, February 06, 2008 ) Columbia, S.C. -- Jeff Kaller, expert realtor and pre-foreclosure specialist, is coming to Columbia, S.C. on Thursday, February 28, 2008 to explain the advantages of purchasing Pre-foreclosed property.
Over the past several years banks and mortgage companies have increased their rates on adjustable rate mortgages. In some cases, these mortgage payments have gone up as much as double, even triple the initial payment. This, coupled with a deteriorating economy has proven to be too much for many residents and investors to bear.
Jeff Kaller, understands real estate market trends better than anyone in his field. He has perfected the art of pre-foreclosure purchases and now, with the real estate market in this current condition, he sees ample profit making opportunity. He recommends that people take advantage of the pre-foreclosure “short sale” procedure. A short sale is when the borrower is allowed to sell his or her property for an amount less than what is owed on it to avoid a foreclosure.
Investors can get in the game before or after auctions, too. ItÂ’s also possible to try to buy directly from homeowners beforehand or from lenders who are successful in the auction. Some states give foreclosed homeowners time to reclaim their property by paying the auction price, often plus an additional percentage.
Most people in jeopardy of a foreclosure would favor this option because it fully satisfies the borrower's debt. The advantage to the investor is he gains “Instant Equity” in the property. The equity comes from purchasing a property, below market value, when the bank approves a short sale offer. Many investors will work with the homeowner, leasing the property to them, giving them time to repair their credit and perhaps, re-purchase the home at a later date,
Jeff Kaller is looking forward to meeting many people who have already signed up, 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.
Jeff Kaller will discuss the technique of negotiating short sales at an all-day workshop in Columbia, SC on February 28th. Registration and additional information are shown on his website at http://www.jeffsworkshop.com/
Contact:
Mark Maupin
303-B Anastasia Blvd. #148
St. Augustine, FL 32080
904-819-0676
Email Address: mgeronimo@thejeffkaller.com
National Real Estate Network, LLC
Mark Maupin
248-939-6232
maupin.mark@gmail.com 
Source: EmailWire.com
|
|
|
|
