TIPS TO BUY FORECLOSURE HOMES

May 4, 2007

A home is your property that you pay for with your hard earned money and you don’t want to lose it to foreclosure. Calando Roberts from Rochester , N.Y. says that if you are planning to buy a home and you don want to spend a lot of money then you should find out more about foreclosure deals. Foreclosure is the best way one can own a dream home and save money at the same time. It’s a good option for people for whom owning a personal property is otherwise impossible. A buyer, McFadden said that it’s best to do the homework prior to making any deal and its best to involve a lawyer and a buying agent as they can give advise at all times. Sometimes however people encounter problems with foreclosure homes. Another buyer J.K. Langkans said that there was a time limit in his deal and when he could not pay within that period he had to pay a thousand dollars extra to the bank. There are thousands of homes that are also sold at auctions every year. Such houses may not be at the best of maintenance level so buyer should always look inside and do proper study of the house. The buyer said patience is the main thing here. Researching the home’s actual market value is a must because if it’s a foreclosure it doesn’t mean it’s a great deal.   

Foreclosures.com: Florida 2nd in nation in foreclosure filings (Source: The Business Journal of Jacksonville)

May 4, 2007

A new report issued by Foreclosures.com shows that Florida leads the Southeast region and ranks second in the U.S. in the number of foreclosures. The northern California-based real estate investment advisory firm and publisher of foreclosure property information notes that to date this year, Florida has 95,682 foreclosures. But the Sunshine State isn’t alone in foreclosure troubles. “The foreclosure epidemic stretches throughout the Southeast and beyond, fueled by soaring living costs, consumer credit woes, the aftermath of creative mortgages and high energy costs,” said Alexis McGee, president of Foreclosures.com, in a written release. As of Oct, 31, Foreclosures.com reports nationwide foreclosure filings are already up 19.6 percent over all of 2005 — 766,058 foreclosure filings for 2006 vs. 640,457 for all of 2005.”That subprime ARM or interest-only home loan may have been the perfect solution several years ago, but now that mortgage payment has adjusted way up,” says McGee. “Combine that rate shock with lax credit practices and the current slowdown in home appreciation rates and sales, and many homeowners are overextended and stuck without enough equity to refinance or sell. Foreclosure is their only option.” Foreclosures.com’s Southeast region includes data for Alabama , Arkansas , Florida , Mississippi , Kentucky , Louisiana , Tennessee , Virginia , Georgia , North and South Carolina , and West Virginia . 

 

Foreclosures still climbing in 3Q (Source: San Diego Daily Transcript via Yahoo! News)

May 4, 2007

As it stands in November 2006, the United States is a hot bed of foreclosure activity. Foreclosure activity in the third quarter of 2006 is up in most U.S. cities, real-estate data firm Realty Trace reported Friday, November 10, 2006. The Irvine-based firm said 318,355 properties in the United States entered some stage of foreclosure in the third quarter — a 17 percent increase over the prior quarter. San Diego ‘s foreclosure rate rank was 35th with a third quarter total of 4,069, one for every 256 households and up 56.74 percent from the second quarter. Detroit , Fort Lauderdale , Fla. and the Denver-Aurora, Colo. metro areas saw the highest growth in foreclosure activities. One in every 80 Detroit households had a property enter some stage of foreclosure, while in Fort Lauderdale it was one in every 88 households and one in every 90 homes in Denver . While most of the country’s 100 largest metro areas saw some increase in foreclosure activity, there was a handful that reported lower rates of properties entering the foreclosure process, according to RealtyTrac. 

Foreclosures: A Real Boom for Investors

May 4, 2007

As it stands in November 2006, the United States is a hot bed of foreclosure activity. Foreclosure activity in the third quarter of 2006 is up in most U.S. cities, real-estate data firm Realty Trace reported Friday, November 10, 2006. The Irvine-based firm said 318,355 properties in the United States entered some stage of foreclosure in the third quarter — a 17 percent increase over the prior quarter. San Diego ‘s foreclosure rate rank was 35th with a third quarter total of 4,069, one for every 256 households and up 56.74 percent from the second quarter. Detroit , Fort Lauderdale , Fla. and the Denver-Aurora, Colo. metro areas saw the highest growth in foreclosure activities. One in every 80 Detroit households had a property enter some stage of foreclosure, while in Fort Lauderdale it was one in every 88 households and one in every 90 homes in Denver . While most of the country’s 100 largest metro areas saw some increase in foreclosure activity, there was a handful that reported lower rates of properties entering the foreclosure process, according to RealtyTrac.  

Families are fast losing their homes in Brockton due to foreclosure crisis.

April 25, 2007

News Center 5’s Amalia Barreda said in Thursday March 16th report that banks are withholding homes of people who cannot pay and things are getting out of hand in the state of Brockton . It’s a frightful situation in Brockton . The City of Champions is unable to survive the demanding blows on the foreclosure front. The Brockton mayor James Harrington said that about 500 to 600 properties are either in foreclosure or about to go into foreclosure. They already have too much to pay and if there is a single financial crisis they can easily loose their homes according to Sheila Farragher-Gemma, of ForeclosuresMass.com. In the three years from 2003 to 2006, the number of foreclosures in Brockton went up 177 %. Most people fall victims of out of state lenders who give subprime loans and the large immigrant community who don’t even understand English get into something they don’t know can break their dreams of having their own home in America rather they may be left homeless without them realizing it. City Hall is working with the housing authority to help people in trouble. The mayor says there is a risk that this will lead to further decline in the real estate.

Now that I have my business, what is my first step?

April 25, 2007

The John Beck Amazing Profits tax lien and tax deed business is a business.  It allows you to own your own company and begin making decisions to control your own future by investing in your present.  You’ve already done the first thing you needed to do to succeed:  you started!  Now, the next thing to do is keep going. John Beck wants people to build financial success in their lives by giving them as much help and support as possible to enable them to make the journey, break through the barriers that prevent too many people from making needed change and arrive at the destination of financial independence where you become unchained from a boss or a desk and can start living life on your terms. John Beck’s tax lien and tax deed program is a complete education on tax liens and tax deeds and what to do to succeed in this amazing profits real estate opportunity.  It is also a business meaning you can (and should) get your business licensed with your state.  You should also begin to think about the best way to use the education you purchased to profit.  This means learning to think like a business person—in terms of risk/reward and investment/expense. Too many people in this country can only think like employees.  They allow fear to dictate their decisions and they only think in terms of expenses.  So the first step you should take now that you have purchased your John Beck Tax Lien and Tax Deed business is to research what it means to be a business owner.  Perhaps you can join a local entrepreneur support group or talk to your local Chamber of Commerce to get help and support as you begin to establish your business presence and your business thinking. John Beck has owned his own business investing in tax liens and tax deeds for over 30 years and he knows what it takes to succeed.  To help you along, he has created his Landbank website (johnbeckland) to give everyone a chance to buy properties right out of his personal portfolio at wholesale prices.  This website also helps people take the next step of selling their properties for a profit by showing them how to list the properties according to John’s time tested methods. For those people ready to move to the next level, John Beck has created his Property Vault websit(johnbeckspropertyvault), a the best tool making it easy to find out about tax lien and tax deed sales from tax sales around the country from one, no hassle website! John Beck knows you can make money running your business if you are willing to change your thinking, take initiative to get started and keep finding ways around the roadblocks and naysayers who seek to hold you down.  John Beck has built the car, mapped the roads and given you the keys…all you need to do is provide the engine and watch that car race towards your dreams! So don’t let fear ripoff your future by holding you back in the present.  The biggest scam of life is to be ruled by fear.  You can’t achieve big things unless you are willing to throw yourself into your goals with passion, presence and power.  So say “no” to fear, dare to dream big and start moving down the path to success mapped and lighted by John Beck’s Amazing Profits tax liens and tax deeds business.

Can you really buy a property for just $240.03?

April 25, 2007

With John Beck’s Amazing Profits Tax Lien and Tax Deed Real Estate system, you can find properties using John Beck’s Property Vault (johnbeckspropertyvault) just like Mae did on January 4, 2006.Mae was able to find a home in Oklahoma with a tax appraisal market value of over $49,000 and she only paid $240.03 because she knew how to buy it at tax auction.  Is John Beck’s Amazing Profits education valuable?  You bet it is when you can find and profit from deals like this one! Don’t miss out on the amazing opportunity John Beck’s education offers you—get started now so you too can begin to see amazing profits! John Beck’s Property Vault tool has been designed to make finding deals like this easy because you can download the information in Excel format making it a snap to screen for the best deals matching your investment criteria.  If you haven’t already begun using this amazing tool, start using it today to make money.  If you don’t have your access codes, please call John Beck’s Advisory Hotline at 1-888-733-7615 for immediate support. Mae has taken her financial future by both hands and she is making money now because she knows how to profit from the little known and poorly understood segment of real estate known as tax deeds and tax liens for sale at tax auctions all around the country.  You too could be making this kind of money by applying the techniques and tools John Beck makes available to his students.  Do it now. Mae was able to buy a whole house for less than the cost of one monthly rent check.  What if she bought 20 homes like this and rented them all out at $400 a month?  In the first month she would pay for all the houses and still have over $2,000 left over!  By month two she could be earning a VERY healthy monthly income simply because she knows what to do to find such great deals and then actually goes out and finds these great deals! Make your financial dreams come true by seizing control of your life today.  Education is valuable—especially when that education can help you find deals like Mae’s.  Don’t ripoff your family’s future by standing still today.  Don’t be scammed out of the life of your dreams because you don’t take action today. John Beck’s Amazing Profits Tax Deed and Tax Lien Real Estate Investment System has been created to make it easy to understand what to do in real estate to make big money now.  John Beck continues to make unbelievable tools available to his students that makes it even easier to find profits in your investing today. Check out his Property Vault (propertyvault) and his landbank (johnbeckland) to see two of his online tools to make it easy for his students to find and profit from real estate deals all over the country.  In addition he has made his Student Advisory Hotline available to his subscribers to get answers to their questions now.  Don’t hesitate.  Don’t delay.  Don’t miss out on this incredible opportunity to learn where you can find profits of over $49,000 on a single $240.03 investment just like Mae.

How has technology affected real estate?

April 25, 2007

The reality is that technology has changed the way all types of real estate is bought and sold all, advertised and rented in markets all over the country.  The Internet is causing a massive sea change in the real estate business forcing established players to adapt or die and creating new opportunities for new players to establish themselves. The beauty with this disruption to such a massive component to the nation’s wealth is the opportunities now open to you if you act now to take advantage of them.  Change is disruptive and it affects established players and creates opportunities for new players.  Bill Gates was only able to become the richest man in the world because his company took advantage of a massive change in technology.  He could see things that other, more established players couldn’t see.  His vision and his willingness to stay true to his vision has shaped the world.John’s education teaches people to find the gaps between what was and what is coming so they can profit right now.  John Beck’s proven Amazing Profits Tax Deed and Tax Lien system offers a very targeted education in a very defined field.  This field happens to be tax liens and tax deeds and how to make money by profiting from the massive technological change taking place right now in real estate. John Beck knows about this poorly understood real estate segment because he has been investing in it for over thirty years and he is still actively and profitably investing in it today.  He has seen what works and he knows what works today.  Using his system with his tools (such as Property Vault) can help you make money in real estate during this exciting time.The biggest ripoff right now is to not get involved when so much money is to be made.  The biggest scam you face right now is the scam of letting fear of change prevent you from acting like Bill Gates and building your own financial empire.  Don’t let life pass you by.  Don’t settle for “good enough” when you can act right now to achieve your financial freedom and secure your family’s financial future.John Beck’s proven method for investing in tax liens and tax deeds from around the country can be done from the comfort of your own home and can be started with little more than desire, energy and consistent implementation.  John has seen thousands of people just like you capitalize on his education to make their dreams come true.  Will you be one of them?

Know Your Exit Before You Buy

April 25, 2007

The John Beck Property Vault or the John Beck Landbank both offer subscribers to John Beck’s tax deed and tax lien foreclosure program offer people a way to find and purchase property quickly and easily from tax auctions held around the country. The Landbank is useful to those people who want an easier way to identify great properties for sale at wholesale prices for immediate resale.  The Landbank uses John’s research to find incredible deals all over the country and then makes it easy for you to re-list those properties on the online auction sites using the provided sample ad.  The exit strategy you should use with the Landbank is the buy/re-sell strategy which is also known as the buy and flip strategy.The Property Vault is slightly different from the Landbank because it makes it much easier for you to find awesome deals directly at tax auctions for properties in tax deed and tax lien foreclosure from local governments sales all across the country.  Buying tax deeds and tax liens from these sales means you are buying properties which might make you more money if you do something more than simply buy/flip.There are many additional exit strategies depending on the type of tax lien or tax deed property you purchased.  For example.  You might buy a tax foreclosed home in another state for an incredible deal.  You might decide to sell it immediately or you might work with an agent to rent it out or you might have to fix it up and then sell it for a much higher price.You might find some incredible deals on land in a tax deed or tax lien foreclosure sale.  This land could simply be resold online with no additional expense or cost to you.  Or you might find out that you could improve the lot (make it buildable) and thereby vastly improve your profits.  You might decide to work with a builder who builds on the lots in the area to do some sort of joint venture. Your circumstances will dictate what type of exit strategy you decide to use.  As you approach your John Beck business and as you begin to buy tax liens and tax deeds at foreclosure sales around the country, begin to think about your exit strategy before you buy the property.  How you buy a property and what you pay for the property will be influenced by what you think you can make on the property when you apply your exit strategy. John Beck is personally involved in your success and he wants each of you to use his tax lien and tax deed program to make money.  Don’t ripoff your future by doing nothing today.  The biggest scam of all is if you let fear prevent you from reaching your financial dreams.  You can do it.  Just do it wisely!