Foreclosure.com

Archive for January, 2009

Real estate resolution: Learn how to invest in foreclosures in 2009 for FREE!

Shift your real estate investing career high gear this year with foreclosures and jump start your personal financial situation by turning huge profits in 90 days or less.

Foreclosure.com Director of Education, Linda Yates, will show you how to begin 2009 on the right foot in a FREE Webinar training presentation, which is dubbed “Make 2009 $hine with Real Estate Foreclosures,” on Wednesday, January 14 at 7 p.m. ET.

When the market is booming, foreclosures are few and far between — homeowners in good economic times more often than not have the wherewithal to stay current on their mortgages. They also have the upper hand when it comes to selling, enjoying the luxury of considering multiple offers … usually all at or more than fair market value.

Accordingly, the opportunities to capitalize on bank-owned homes are minimized.

However, in a situation that we are currently experiencing, which is the result of unaffordable Adjustable Rate Mortgage (ARM) loans, job losses and utter financial turmoil, foreclosure homes are more readily available. And, with inventories soaring across the board lenders are looking to liquidate sooner rather than later to avoid crushing carrying costs.

Always remember: Banks are in the money business and not real estate sales.

Therefore, there is a ton of money to be made RIGHT NOW for those smart (and brave) enough to capitalize on these amazing deals. Banks are basically letting homes go for a fraction of their true values.

Linda is set to show you how to strike it rich in real estate in 2009 during this 60-minute FREE online training session. Linda will breakdown the entire process from A to Z, ensuring you know exactly how to get your feet wet before it’s too late.

This is a “must-see” presentation that is designed to help you cash in on a starving market and earn money hand-over-fist. It’s going to be a Happy New Year indeed … make 2009 your most profitable year ever by taking advantage of deals that only come around once in a lifetime!

To register or to learn more about “Make 2009 $hine with Real Estate Foreclosuresclick here. It’s totally FREE!

Than Merrill visits Foreclosure.com

Than Merrill — star of A&E’s hit TV show “Flip This House” — recently escaped the frozen clutches of the northeast to visit Foreclosure.com headquarters in sunny Boca Raton, Fla., to talk about the year that was and the one that will be in 2009.

He and our Director of Education, Linda Yates, recapped “Make $20,000 While You Sleep,” which was among our most successful online real estate training sessions in 2008. Than showed Webinar attendees how to find amazing house deals at 65 cents on the dollar or less during the special presentation.

Than — a highly entertaining and informative national speaker who teaches investors around the country how to make more money in today’s real estate market — captivated and motivated those curious investors who tuned in, starting them on their paths to financial freedom with real estate.

We are now out to build on that success and create more mind-blowing opportunities that will seriously increase your income. And the timing couldn’t be better — foreclosure deals are hot and getting hotter.

We’ve got unbelievable things planned with Than and our other partners in 2009. It should be yet another banner year for us and our students.

Good things come to those who wait!

In the meantime, we encourage you to get a leg up on the competition and check out “Flip Houses Today for Massive Profits Tomorrow” on January 21. It will be led by Than’s business partner and good friend, Paul Esajian.

Current mortgage rates lowest in nearly 40 years for Freddie Mac

The Federal Reserve once again slashed the federal funds rate on Tuesday from 1 percent down to .25, “aiming to free up lending and jolt the economy back to life,” according to an Associated Press report.

It’s a dramatic move, which caused Freddie Mac mortgage rates to dip to their lowest level since 1971. In fact, 30-year fixed home loan rates can now be locked-in at a staggering 5.19 percent.

That means that homeowners who are facing “balloon” or Adjustable Rate Mortgage (ARM) rate increases — and there is data out there that indicates this could still impact an alarming amount families very soon — can secure more affordable home loans.

In addition, prospective homebuyers can take advantage of the latest-money saving measure. It’s a great opportunity to more than likely get into a home at a reduced price (depending on the local market) and get a loan at a super low rate.

To search the Foreclosure.com nationwide database of more than 1.8 million distressed real estate listing click here.

This is great news that can put a lot of extra cash back in the pockets of so many people. And the way things are right now it appears that every little bit helps and could go a long way.

Therefore, take advantage of this current situation if you can, whether you are a homeowner or homebuyer. Opportunities like this do not come around very often.

To talk to a mortgage professional about a possible refinance click here.

FORECLOSURE ACTIVITY DECREASES 7 PERCENT IN NOVEMBER

Foreclosure filings were reported on 259,085 U.S. properties in November, a 7 percent decrease from the previous month but still up 28 percent from November 2007.