With this presentation from ForeclosureDeals.com, you will learn how to buy pre-foreclosures. Get here the key information you need to invest in foreclosure real estate.

1. How to Buy
Pre
Foreclosures
Contents
It takes a while for a property to pass through Introduction ..…………………………...1
the foreclosure process for the reason that
Knowing Your Markets..……….…...2
there are so many houses repossessed these
Getting Key Information..………….2
days. During this time, troubled homeowners
become increasingly desperate while lenders Negotiation……………………………....2
stack up costs that they may never recover. Closing the Deal Quickly………......3
This adds up to a good time to buy.

2. 2
Know Your Markets
Know how to explore it and what constitutes a good price,
for a particular type of house and in a particular
neighborhood. Live on websites like
ForeclosureDeals.com, where you will find all the
information you require and much more regarding
foreclosures real estate. When something pops up, drive by
immediately to check it out.
Key Information
If you are interested, make contact with the seller, inspect the
property, build a friendship bond, and find out key
information. These facts include current market value, the
outstanding loan, other loans and liens, and monthly expenses.
Do your sums and use these to persuade the owner to accept
your offer.
Negotiation
What’s does that mean?
Speak to the lender. Show them the value of your pre-approved
For more terms and definitions, loan. Convince them that you are genuine and will buy if they
check out ForeclosureDeals.com’s
glossary page: agree your offer. Make things easier for the homeowner too.
http://www.foreclosuredeals.com/G
lossary.php Perhaps they could stay on for a few more months, or you could
pay their first month’s rent someplace else? Bargains do come
at a cost sometimes.

3. 3
Close the Deal Quickly
Foreclosure Deals
12550 Biscayne Blvd, Suite 306
You are unlikely to be the only buyer sniffing around. If you
Miami, FL 33181
FAX: 1-347-402-6620
decide to buy under the agreed terms, move quickly. Have
Contact@foreclosuredeals.com
everything documented and signed off right away before
If it’s not a deal, we won’t list it here!
people change their minds.
Find us on the Web:
http://www.ForeclosureDeals.com/
Remember that a pre-foreclosure home is not for sale, but
may be open for an offer. The owner may be negotiating
with other buyers too, or arranging a mortgage
modification with their bank. Check out these intentions
early on before investing time. Avoid disappointment –
cover all your bases.