It looks like foreclosures are really heating up, and things could get ugly. This interesting roller coaster simulation video (below) of home prices kind of puts things in perspective. Lots of investors will be looking to take advantage of the situation and will be looking for property foreclosures and bargain priced real estate. It could be the perfect time to be a foreclosure affiliate?
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2 responses so far ↓
1 Ron Mauldin // Apr 9, 2007 at 7:23 pm
Nine out of ten people that in foreclosure or close to foreclosure want to keep their home. If you approach them as either a real estate investor or as a real estate listing agent, they are not likely to respond. However, if you approach them as a Loss Mitigation Consultant who is trying to help them avoid foreclosure, you are offering them what they want… a chance to save their home from foreclosure. By trying to help them, you become a trusted friend… and if you help them, you make $400 to $1000 for about an hour of work. For the 50% of loss mitigation applicants do not qualify, you are then in a primary position to offer them your services as investor or property listing agent.
2 The Buzz: Increasing Foreclosure Opportunity // May 30, 2007 at 1:43 pm
[...] is still a huge foreclosure opportunity. The folks over at Yahoo Buzz have reported on the increasing interest. Studious flippers made mad [...]
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