Foreclosures are on the rise there couldn't be a better time to profit buying and selling homes that are in default. Profits are made in markets like these for those that understand how the foreclosure process works.

One thing that will distinguish you from the zillions of others trying to get rich quick in this market is realizing your are in the business of "Helping Others". It sounds cliché and corny but it's the absolute truth.

Believe it or not the best foreclosure training methods emphasize this just as much as the technical side.

Why?

Because we are dealing with real live people, on the brink of losing their homes, who are no doubt extremely frustrated, angry and possibly in denial.

You need to approach borrowers facing foreclosure and pre-foreclosure with a genuine compassion and empathy. Doing this creates a WIN-WIN situation. Not doing so paints you as a just another salesman looking for a quick buck.

Help others and you'll help yourself!

Here are four market reasons why foreclosure investing is extremely profitable and WORTH your time.

Reason 1 - Foreclosures will continue to increase

By the end of 2008 more than $ 900 billion ( yes billion ) in mortgages will be adjusting up.

Borrowers who have ARM's and interest only loans may not be able to handle the 40-50% increase in monthly payment when their interest rate makes that painful jump.

Borrowers will need help to transition out of their mortgage - understanding how to compassionately approach homeowners in pre-foreclosure can create a win-win situation for both you the investor and the desperate borrower. The proper foreclosure training is essential for this to happen.

Reason 2- Many Deals Happen In the Down Market

When sellers are desperate, it is not unlikely to find deals at 30%-50% off .

You as a savvy investor love when this happens as the profit margin widens - finding outside investors to buy your deals is much easier when you've created a "bargain".

Look for the best foreclosure training that emphasizes structuring deals in this market, it's critical.

It's not rocket science and can be learned. Many times no money or credit will be needed as you never own the property - you merely assign a sales agreement for a profit.

Reason 3 - Many Homes in Default have Plenty of Equity

Believe it or not many homes in default have around 30% equity.

Not all foreclosures are recent buys that were financed with questionable mortgage practices.

Many borrowers that have been in their homes 5-10-15 years face foreclosure due to downsizing, divorce, or health related reasons.

The best foreclosure training will teach you how to identify, approach and structure deals from borrowers in default that have no retention strategy available, that I, losing their home is certain.

Learning to spot and help these folks can be very profitable.

Reason 4 - Banks are Discounting REO's

Banks hate holding real estate - these are considered non-performing assets.

Unfortunately the banks are accumulating more and more properties and will be reaching uncomfortable inventory levels. With the proper foreclosure training, learning how to approach banks to purchase properties is very real.

There is a different skill set involved than when approaching homeowners but learning how to source deals from banks pays of big if you understand some very simple concepts.

Get Started

Two very excellent training approaches are discussed at the website below. Not very many businesses are nearly as profitable as foreclosure investing, based on the amount you can earn versus the time you spend sourcing deals.

More info on your stop foreclosure information search:

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