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Real Estate Profits And Losses. Scenario 23: Foreclosures?

moneyking Mar 31st, 2008 | By moneyking | Category: Real Estate

The Money Kings are keepin’ it real, baby!!!

For your consideration: Real Estate Profits And Losses.
Scenario 23: Foreclosures?

Here are the facts:

  1. Foreclosures are as high as they’ve ever been in recorded American history.
  2. Banks would much rather collect interest payments from loans for real estate vs. actually owning the real estate itself.
  3. Many people that wound up with mortgages never should have been approved for them in the first place.
  4. Houses aren’t suddenly all going to burn down, or disappear totally.
  5. People need places to live whether they rent or own.
  6. Mortgages will always continue to be written, because 99% of people in every country can’t afford to buy homes for cash.

    One big question out in today’s market is:

    What does this all mean for those people with good credit scores, great income and great cash reserves?


    It’s Time To Start Buying!

    Well, maybe . . .

    See, The Money Kings think that since the aforementioned 6 truths are undoubtable, all of us should be considering scooping up some foreclosure properties.

    We’ve analyzed a bunch of different services offering help with finding and acquiring units in foreclosure or very near-to. One service we can endorse is: Foreclosure.com.


    Freeze!! Right there . . .

    Why would we endorse this service?

    Foreclosure.com offers current foreclosure listings for all 50 states (and Puerto Rico) AND they provide listings for preforeclosures, sheriff sales, bankruptcy sales, FSBOs, as well as tax lien sales! All of their listings are in real time and are genuine.

    You can TRY the service for 7 days for free, and it’s only about $10 bucks a week to keep getting up to date listings.

    DON’T answer those ads in the paper telling you to call an 800 number for foreclosure listings. They cost too much!

    You’ll HAVE to pay foreclosure listings across the country. Unless of course, you can travel to the county courthouses of every place you’re interested in buying like that dude from that movie Jumper. So don’t get bent out of shape about having to fork over some cash for the chance to buy a $300K house for $150K. No one gets something for nothing.

    So, if you want to get in on foreclosure opportunities, either get jumpin’ or sign up for foreclosure.com and try your hand at cleaning up someone else’s mistake and possibly profiting a ton of cash.

    Good luck out there.
    The Money Kings

    Keywords: real estate, investing, income, foreclosures, cheap, quick, online

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