The opportunities that exist in the foreclosure niche are huge right now and they are continuing to grow at a rapid pace. This is spurred by the increase in foreclosure rates across the country being led by California and Florida. Focusing on foreclosure transactions allows you to work on Luxury Homes without the traditional Risk you would normally assume by qualifying and signing for a mortgage.
In the Foreclosure Niche, you take control of a property by getting the deed and selling the home to an investor or owner occupant depending on the price range, neighborhood and condition of the house. By Focusing on Luxury and Higher end Home, you can make more profit per house with the same amount of work. When you combine this with the ability to short sale Jumbo Mortgages, Youve got your golden ticket.
Lenders are extremely flexible on negotiating high dollar mortgages and jumbo loans because they definitely dont want these houses back. Would you rather make 10% of a 150 thousand dollar home or 10% of a 1.5 million dollar home? The Mortgage Marketplace has created such a large number of defaulted mortgages that it has created unlimited opportunities to do these types of transactions.
This is because of the very aggressive sub prime products they put out in the market place and their loosened guidelines for allowing weak borrowers to buy properties they normally wouldnt have been able to buy. They did this because of competition needed to get their money out in the market place. The Foreclosure Niche is the Best Niche in the Real Estate Investing Business because:
1. The ability to control High Dollar and High Profit Potential Homes with no Risk.
2. You dont have to have Good Credit because you dont have to qualify for mortgages in your own name.
3. You dont need a lot of money to get started. This business has very low barriers of entry.
4. You dont need any experience because if you follow my system, it will show you how to create the huge checks by following the step by step system.
5. You can purchase a foreclosure quickly because you have a motivated, cooperative seller.
There are not enough investors in the marketplace right now to handle the volume of homes going into foreclosure. We need more investors and Im on a mission to create very successful investors that want to get extremely wealthy over the next two to three years.
This situation wont last forever. Just 3 years ago it was very difficult to find these types of deals. Its so easy now, its pathetic! Take advantage of it while its here.
More Americans are becoming homeowners now than at any other time in history. Purchasing a house is often seen as financial investment. But it is also a place to live and raise children and an investment in the community. Everyone should have the opportunity to enjoy living in their own home, and one way to ensure the most from your new place is to not only focus on the details of the home but to also consider the location and the surrounding area during the buying process. Before purchasing a home it is smart to do a little research on the surrounding area. It is these kinds of details that will really make your place feel like home sweet home.
Loveland, Colorado. It is a great town that offers a superior quality of life in a great location. It is nestled in the foothills of the Rocky Mountains and is often referred to as the Gateway to the Rockies because of its exquisite location and unparalleled scenic beauty. It is the natural beauty of Loveland that inspires its traditions and plethora of outdoor recreational options, including boating and hiking.
Traditions
Loveland, Colorado is probably best known nationwide as the home of the Valentine Re-mailing Program. Every year hundreds of thousands of Valentines are packaged inside larger envelopes and sent to Loveland where countless volunteers hand-stamp each letter with a Valentines verse and send them on to the intended recipient. Each year a contest is held through the local newspaper for residents to submit their verses. The winners have the privilege of seeing their prose stamped on Valentines letters. In the weeks leading up to Valentines Day, the city of Loveland allows residents to place red hearts embellished with personal messages on light poles and other fixtures on the downtown streets. What a love-ly tradition.
Boating
Boating is a great family vacation that gets you out of the house and away from your busy life. Boyd Lake State Park, located near Loveland, Colorado, is the most modern water sports facility in Northern Colorado. It includes over 1,700 acres of water for boating, fishing, sailing and swimming and plenty of sandy beaches for picnicking. This park also has some incredible wildlife. Pelicans are often seen gliding across the lakes surface.
Hiking
Hiking is one of the most relaxing and carefree experiences you can give yourself. There are often no schedules to keep, no deadlines to meet, and definitely few worries for hikers. If you love hiking and crave the adventure that it brings, then Loveland, Colorado is the place for you. Let your curiosity take you around the next bend or up the next hill to magnificent views that will take your breath away. Enjoy beautiful waterfalls, turquoise lakes, cascading creeks, and incredible rock formations that can only be seen by foot in this gorgeous Colorado landscape. You may even get lucky and see some wildlife off any one of the heavy-wooded trails. Whats great about hiking is that no matter how many times you hike the same trail, the experience is always different, with new wildlife, new colors, and new views. And if you love hiking, you may also want to try snow shoeing or rock climbing here in this serene area.
Loveland is fortunate to be located near Lory State Park, just along the edge of Horsetooth Reservoir. This park offers incredible scenery that can be seen from any one of its extensive trails used for mountain biking, hiking, or horseback riding. Visitors can enjoy the wildlife and beautiful wildflowers along any trail.
So whether its the traditions, boating, hiking or any number of other reasons, let Loveland Colorado be your next choice when considering real estate.
