How to Buy Foreclosures for Huge Profits
SPECIAL DISCOUNT PRICE: ONLY $59.99 |
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WHAT MAKES FORECLOSURE PROPERTY SO SPECIAL?
THE FORECLOSURE DILEMMA |
| More so possibly than in any other market, real estate is a market that depends heavily on supply and demand. If there are a lot of similar properties on the market in a specific area, chances are you're going to find the price of real estate will go down. There are more properties than there are buyers, so the sellers become desperate and are willing to sacrifice thousands of dollars in an attempt to avoid their next mortgage payment. If, on the other hand, you happen to own that one nice house on the cliff, overlooking the ocean, the one like none other in the area, chances are, to the person who can afford it, that house is worth whatever it costs to get into. |
| There are plenty more buyers than there are sellers, which will make the value of that house go up. If there were no other variables involved that would be the sum total of any advanced real estate course you might take. But there are variables. People get divorced, fired or end up in the hospital and find themselves unable to pay their mortgages.
They suddenly get a notice telling them they have 3 months to get caught up or they'll lose their property and end up with a serious blemish on their credit rating. It all started with a catastrophe and now it's headed downhill.
A month ago you couldn't afford your $900 mortgage payment, and now you're finding that unless you come up with $1800 quickly you're going to lose everything. And looming right around the corner is another payment you know you won't be able to afford. Other topics include: |
 DEALING WITH PROPERTIES THAT ARE IN FORECLOSURE
BECOMING A REAL ESTATE INVESTOR
FINDING FORECLOSURE PROPERTY
LEGAL CONSIDERATIONS
CREATING YOUR DREAM TEAM
GETTING READY TO BUY
PRE-FORECLOSURE PROPERTY
BUYING PRE-FORECLOSURE PROPERTIES
BUYING FORECLOSURES AT AUCTION
BUYING REOS FROM THE LENDER
PREPARING THE PROPERTY TO SELL
SELLING YOUR PROPERTY
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About the Author |
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 Glen Gallucci actively buys, rehabs and sells residential properties. He has invested, renovated and built numerous residential and commercial projects during his 30-year career. A well diversified businessman; Glen is also engaged in real estate education. From the trenches, and with his down to earth "tell it like it is" format, his business experience proves invaluable for the beginner as well as the seasoned investor regarding the successful structure of a wholesale or rehabbing business. Glen is a board member of the Garden State Real Estate Investment Association in New Jersey and is also a member and volunteer speaker at the GWREIA in New York. |
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Bob T. from Union, NJ says: |
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Not only has Glen been very helpful to me, but he has been very helpful to many other novice and seasoned investors as well by giving us advice on how to acquire properties, how to repair them as well as what to look out for, and how to flip them. Being that his background is being a contractor he is very helpful in this aspect. I highly recommend any materials and/or advice given by Glen. |
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Mohit S. Jain from Edison, NJ says: |
| I can now walk into a house and in 20 minutes have a ballpark estimate of repairs. Without a doubt Glen has been a major contributor to my Real Estate education. Most importantly he has removed the fear of the unknown when walking into an ugly house. |
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Winston Wiles from Maplewood, NJ says: |
| I just used one of your simple techniques to secure a property, and I am now flipping it for a $53,000 profit! |
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