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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.
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“Prices are back to where they were in 2004.”
David M. Blitzer, Analyst,
Standard & Poor’s
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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.
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“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
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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 Richard Zwick and I am a licensed Realtor®/Broker Associate in Florida (for 25+ years),
a state that has seen its share of foreclosures. My wife and I are real estate investors. I taught
real estate investing all around North America and have been involved in the foreclosure market for
20 years. I am also a Certified Distressed Property Expert® (CDPE).
I work with a huge number of home buyers, and over the last year, these buyers kept bringing up
foreclosures. And I continue to hear one key 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 in or invest in? 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 anyone except
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.
You will be surprised at what you learn and how much it can save you...NOT ALL FORECLOSURES ARE
GOOD DEALS!
In this 100-page book, you will learn:
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 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!
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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!
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Attention Investors
Buying a foreclosed home can be a great
investment, too, whether it’s rental property or for
re-sale.
Last fall, an investor/buyer of a friend
(Rob Minton), Rick Boruszkowski, decided to purchase a foreclosed home for a little
over $70,000. It was a home near the lake in Cleveland. He bought 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 $73k plus $6k in repairs for a
total investment of $79k. His net price was approx. $115k after closing costs,
fees, etc. Rick had a profit of $35k in less than two months!
Here in Florida, investors & buyers
of mine have made
similar deals.
Isn’t it time for you to learn how to
do what Rick and my investors did?
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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 with national
foreclosure expert Frank Patrick, a broker who specializes in foreclosure listings who’s sold
more than 1,000 foreclosure homes. What he has to say will change the way you approach buying
foreclosures.
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…
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 (bank owned) 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 …
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Order Now and Get an Instant
Download
Yes, Richard, I want
to get your new book Foreclosure Home Buying Secrets.
I’ve read and agree to the legal
disclaimers below*.
Click to Order
Now!
YOU WILL RECEIVE INSTANT ACCESS
TO FORECLOSURE HOME BUYING
SECRETS
(Even if it’s 2:00 AM on
Saturday)
“Foreclosure 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.*
If you are
not satisfied that you learned at least one useful
thing once
you get this
book and read it,
let me know and I will refund your money.
No questions
asked...even if you've read it all and passed it along to your
Aunt, Uncle,
neighbor, postman and friend in England or California.
Just do us
both a favor - please read it first! Fair enough?
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Happy Bargain
Shopping!
Let me know how I can
help,
Richard Zwick
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!
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