St. Augustine, Florida (PressExposure) April 14, 2008 -- He will explain the advantage of pre-foreclosure and what it means for anyone who wants to take action in the current real estate market.
The mortgage crisis is exposing large vulnerable openings in the countryâs financial fabric. To the untrained eye the U.S. real estate market is in shambles, however, according to Jeff Kaller, expert realtor who specializes in pre-foreclosure investment, conditions couldnât be better. âThe foreclosure market offers abundant opportunities for the real estate investor and the distressed homeowner.â he explained.
Mortgage lenders would rather sell houses prior to foreclosure at a price below actual value than be left holding depreciated property especially in an inactive market. This is the advantage of a âshort saleâ which is when the homeowner who is facing foreclosure, sells their mortgage to an investor at wholesale in order to walk away debt free. In todayâs climate, there is no shortage of motivated sellers looking to do so.
Jeff Kaller will discuss the technique of negotiating short sales at two all-day workshops in Chicago, IL on February 16th and 17th. Registration and additional information are shown on his website at [http://www.jeffsworkshop.com/]
Jeff Kaller is expecting people from Cook, McHenry, Kane, Dupage and Kendall Counties, including Alpine, Barrington, Calumet City, Chicago, Eastside, Englewood, Ford Heights, Glenn, Hastings, Melrose Park, Sauganash, Algonquin, Crystal Lake, Prairie Grove, Aurora, Geneva, Montgomery, Lisbon, Yorkville, and Newark, to name a few.