“If You Have 2 Hours, I’ll Show You How to Buy a Foreclosed Home for Pennies on the Dollar”

 

New Book Reveals How Home Buyers & Investors Can Profit from the Foreclosure Crisis …

 

Dear Bargain Hunter,

 

The current foreclosure crisis has opened up an amazing opportunity for home buyers to find their dream home at an unbelievable price. It also opens the door for real estate investors to lock in massive profits buying great properties at discount.

 

 

“Prices are back to where they were in 2004.”

David M. Blitzer, Analyst,
Standard & Poor’s

 

 

As you probably already know, a record number of homes across the country went into foreclosure in 2008, and that number is only expected to grow in the near future. All these foreclosures are making the real estate market one big “clearance sale” for homes, as distressed homeowners and banks try desperately to unload properties.

 

Just to give you some perspective: In the United States in 2006, the percentage of houses in some stage of foreclosure was as low as .58%. Just one year later (2007) more than 1% of all homes were in some stage of foreclosure. And some states (such as Florida) had foreclosure rates of 2% or more.

 

The trend continued through 2008 and early 2009, as foreclosures continued to rise. The statistics show that the number of foreclosures in 2008 jumped 112%, reaching a nationwide average of 1.8%.

 

In fact, some experts predict that one-quarter to one-third of all homes on the market in early 2009 will be bank-owned (foreclosure) property. And what does this mean to you? It means there will be plenty of opportunities.

 

 

“We expect that foreclosures will continue to dominate the market in 2009, and well-educated consumers will be able to find great deals on these properties.”

Rick Sharga,
Senior Vice President, RealtyTrac

 

  

But I don’t have to tell you that there are great deals out there – you’ve already heard about homes that are selling for a fraction of what they are worth. Some homes can be purchased for 20%, 30%, some even 40% and more under their market value.

 

Pictured at the right is a home in a nice St. Louis, Missouri, neighborhood that was purchased for just $33,000. The monthly mortgage payment on this house is only $703 per month, for a six-year mortgage. The buyer will have this nice home completely paid off, free and clear, in just six short years!

 

 

At the left is a home in the Cleveland, Ohio, area that was purchased for $40,000. The market value on this home is $114,000. That means that the foreclosure buyer bought this home for 35 cents on the dollar.

 

Although these deals sound fantastic and you may want to run out and grab a deal right now, you should stop and consider the following …

 

All Foreclosures are NOT Good Deals

 

You Will Probably Still Overpay When Buying a Foreclosed Home if You Don’t Know What You’re Doing.

 

You could be stuck with Thousands of Dollars of Costly Repairs.

 

The point is being that this is a great opportunity, if you understand the “Insider” Foreclosure Secrets. Even though finding and buying a bargain basement-priced home sounds like a great idea, not everybody knows how to do it. Unfortunately, buying a foreclosure is not as simple as buying a home traditionally.

 

Which brings me to the point of this letter:

 

I’m going to make the foreclosure buying process a whole lot simpler for you …

 

First, let me tell you a little bit about myself...

 

My name is Rob Minton, and I am a licensed Real Estate broker in Ohio, a state that has seen its share of foreclosures. I’m also a real estate investor, with many different types of real estate income properties.  I am also an author of several books and the founder of Income for Life, a real estate investing membership with thousands of clients throughout all of North America.

 

I have worked with a huge number of home buyers, and lately these buyers keep bringing up foreclosures. And I continue to hear one main thing over and over.

 

“Can you teach me how to buy a foreclosure?”

 

I’ve come across people who don’t understand the foreclosure process at all. And it’s even easy to be confused by some of the terminology you hear. What is a “short sale?” What is “pre-foreclosure.” Many people wouldn’t know the first place to look for a foreclosed home, let alone do proper research to make sure they buy the right one.

 

Think about it: If I gave you $100,000 right now and told you to go buy a foreclosed home, would you be able to? Would you know how to find the right home? In an area you want to live? How to bid on it? When to bid on it?
No? Well, if you can’t figure it out with MY money, it would certainly be a much tougher task doing it with your own money at stake!

 

And that’s OK. The foreclosure market has never before been a big opportunity for anybody but the bravest risk-takers, the expert flippers and the investors with the deepest pockets. That’s because good ones have been hard to find and were always in terrible shape.

 

But now with all the opportunity out there – many more homes and better quality homes – ANYBODY who’s even thinking about buying a home, for a personal residence, vacation home, rehab “flip,” rental property, whatever, should make themselves familiar with the foreclosure market.

 

The brutally honest truth is that foreclosures are going to make up a HUGE percentage of the available homes on the market in the next year or so. If that’s what’s on the market, THAT’S what people need to know how to buy.

 

Which is exactly why I have written my new 100 page book …

 

 

Foreclosure Home Buying Secrets

 

 

This book is an easy-to-follow, how-to manual for foreclosure home buying. It’s a step-by-step guide for the beginner, but it’s also jam-packed with secrets and tips that not everybody is sharing, which means even experienced buyers will benefit from reading it.

 

Click Here to Order Now

 

 

In this 100-page book, you will learn:

 

How the Foreclosure Process Works, the Foreclosure Process Timeline and Definitions of all the Terms you need to know

 

Why all Foreclosures are NOT Good Deals

 

How to Get Distressed and Motivated Sellers to Come to YOU

 

The Best Time to Make an Offer on a Distressed Property, and how to Get Your Offer Accepted

 

How to Search the Public Records, Use an Online Service, Check Government Websites, Browse Bank and Asset-Management Websites and other methods of researching properties – truly must have information!

 

How to Properly Inspect the Property (and save thousands of dollars and a ton of time!)

 

How to Research Comparable Sales

 

What to Expect at the Foreclosure Auction

 

Everything You Need to Know about Bidding at a Foreclosure Auction (and why you might not want to!)

 

What Happens After You Win a Foreclosure Auction

 

How to Avoid Hidden Costs

 

What You Need to do after Closing

 

Everything you Need to Know about Competing with Other Buyers in the Current Market, Including how to Operate in Declining vs. Inclining Markets

 

What Historical Foreclosure Data Looks Like and What the Forecast Calls for in the Near Future

 

The Difference between Acquisition and Investment Strategies and What Approach fits YOUR personality

 

And More!

 

Attention Investors

 

Buying a foreclosed home can be a great investment, too, whether it’s rental property or for resale.

 

Last fall, a client of mine, Rick Boruszkowski, decided to purchase a foreclosed home for a little over $70,000. It was a home near the lake here in Cleveland, and I knew he was buying it for considerably less than market value. His plan was to keep the property as a rental unit.

 

He put some sweat equity into the home, doing about $6,000 in minor repairs – all work that he did himself.

 

While he was showing the home to prospective renters, one of them told him they’d like to buy it. He had a cash offer for $120,000! He accepted, and the deal closed before Rick even had to make a mortgage payment.

 

In a short period of time, Rick:

 

· Purchased a foreclosed home for $73k in October 2008 with 20% down ($14k)

 

· Spent approximately $6k in repairs/improvements

 

· Wrote up purchase contract for $120k, less buyers closing costs — net sell price of $115k

 

· Closed deal and transferred title in early December, all prior to having to make a mortgage payment.

 

Rick paid $73 plus $6k in repairs for a total investment of $79k. His net price was approximately $115 after closing costs, fees, etc. Rick had an approximate profit of $35k in less than two months!

 

Isn’t it time for you to learn how to do what Rick did?

 

 

 

Look, it would be great if we could all live in a gorgeous home we bought for 30%, 40%, even 50% under market value, or if we could all finally afford that vacation home or purchase rental properties that produce HUGE positive cash flow. But unless you have the right knowledge when it comes to buying foreclosures, you will more than likely pay too much or get stuck with costly repair bills. This book will give you the right knowledge.

 

When You Order this New Foreclosure Home Buying Secrets Book by Midnight on , you’ll also receive this $49 special bonus …

 

As a special bonus, I will even include an exclusive audio recording valued at $49 FREE with this book. You will have instant access to this special interview I did with national foreclosure expert Frank Patrick, a broker who specializes in foreclosure listings who’s sold more than 1,000 foreclosure homes.

 

This is an eye-opening interview with a true industry “insider” who reveals even more foreclosure home buying secrets. In this special audio recording, you’ll learn…

 

Why you shouldn’t make an offer on a foreclosed home in the first two weeks it hits the market.

 

The exact time (days on market) when banks get motivated to reduce their price and sell their foreclosed homes.

 

The most important strategy to use to get your offer accepted by the bank. Hint – it’s not the price.

 

How to find out what price to offer before making your offer.

 

Specific home inspection strategies that will save you BIG time.

 

How to avoid $100-a-day penalties when buying a foreclosed home.

 

For a limited time, I will make this fantastic interview available for free as my special gift to you for ordering “Foreclosure Home Buying Secrets.”

 

The book is the “meat and potatoes” education you need for foreclosure buying. And if you’re serious about buying a foreclosed home, you would be crazy not to get this information immediately.

 

You get instant access to my book, “Foreclosure Home Buying Secrets,” for just $19.95 and if you order by Midnight on you’ll also receive the special audio interview valued at $49 for FREE! With all the valuable insider strategies revealed, I could easily sell both of these for $97 or more.

 

This book is priced so low because I really want you to know the ins and outs of foreclosure home buying. I know you can find a great home by following this proven step-by-step process. I want you to get the best possible deal when buying a home!

  

So order your “Foreclosure Home Buying Secrets” book now …

 

 

Order Now and Get an Instant Download

 

Yes, Rob, I want to get your new book Foreclosure Home Buying Secrets.   I’ve read and agree to the legal disclaimers below*.

 

Click Here to Order Now!

 

Order Now!

 

YOU WILL RECEIVE INSTANT ACCESS

TO FORECLOSURE HOME BUYING SECRETS

(Even if it’s 2:00 AM on Saturday)

 

CLICK HERE to Order

“Forclosure Home Buying Secrets”

 

* Every effort has been made to accurately represent this product and its potential. Please remember that each individual’s success depends on his or her background, dedication, desire and motivation. As with any business endeavor, there is no certain guarantee that you will earn any money.

Legal Disclaimers/Information

 

Terms of Service        Earnings Disclaimer        Privacy Notice

 

 

Happy Bargain Shopping,

 

Rob Minton

 

 

P.S. I should probably give you fair warning – there is information in this book that banks and other real estate agents DON’T want you to know. It’s easier for them to deal with inexperienced foreclosure buyers. But if being an educated buyer ruffles a few feathers, that’s their problem, isn’t it?!

 

P.P.S. The special audio recording bonus is pure gold. Listen to this before you go look at any foreclosed homes!

 

 

 

Copyright © 2009.  Minton Publishing Inc.  All Rights Reserved.

31811 Vine Street, Willowick, Ohio 44095