Foreclosures are a hot item just about anywhere in the country right now. That’s because a few years ago, when the economy was pumping like Arnold Schwarzenegger in his bodybuilding days, mortgage companies were selling adjustable rate mortgages left and right. People were eating it up. Too bad for them because the mortgage companies won - at least on the short term - and now, well, it seems there is an opportunity for anyone who can recognize it. And that opportunity is in foreclosures.
As the interest rates started to climb after 911, and really really climb in the last couple of years, people’s mortgage interests reach unaffordable levels. I guess they didn’t think of that!
Since their incomes didn’t go up and their mortgages have, not to mention their fuel bills, people just can’t afford the same level of lifestyle any more. They need relief. We call these people motivated sellers.
All you have to do to get in on the foreclosure market is to identify who the motivated sellers are and understand the mortgage process. I can help you with both of those. Subscribe to my newsletter and you’ll learn everything you need to know to cash in on the very lucrative foreclosure market.
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