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Real Estate News Releases
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(EMAILWIRE.COM, March 24, 2008 ) San Francisco, CA – Homeowners all across the U.S. have been hit hard by the increase of interest rates on adjustable rate mortgages (ARMs). But the onslaught isn’t over yet, real estate professionals say rates are about to reset in coming months.
Throw in a credit crunch that will close off most opportunities to refinance to falling housing prices, and it's likely that hundreds of thousands more will face foreclosure. Most will not be able to find help, and the foreclosure rate could climb even higher than it did in 2007. Reaction from state and federal officials continues to give lenders and loan services the benefit of the doubt in the form of voluntary compacts and agreements to pick up the pace and increase the volume of loan modifications.
To almost every housing counseling hotline in the region, the phone calls are incessant. The average foreclosure prevention counseling agency, is answering 150 calls a week from borrowers, far more than it can actually help. Nationwide, the wait time to see a counselor used to be one day, now the homeowner in need can expect to wait one week. More and more experts agree that the damage canÂ’t be undone.
Renowned real estate investor and instructor, Jeff Kaller, suggests a different approach to solving this problem. “Pre-foreclosure investing is the most effective solution to salvage the real estate market” he said. Seminar training from professionals is the best method to find pre-foreclosures. "You need quality real estate training and education from a real-world, hands on professional to work with you. The real estate market is in the midst of a major correction and opportunities must be recognized first.
Jeff teaches the real estate secrets of purchasing pre-foreclosure properties while executing real estate theory to actual practice. To learn more go to http://www.freeshortsalecourse.com/
Contact Information:
Paramount Promotions LLC (The Countries Leading Short Sale Trainer)
Mark Maupin
303-B Anastasia Blvd. #148
St. Augustine, FL 32080
904-819-0676
Email Address: mgeronimo@thejeffkaller.com
PrEasy
Mark Maupin
248-939-6232
maupin.mark@gmail.com
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