Learn How to Buy Foreclosures

Every day, public auctions of foreclosed homes are happening across the U.S. -- on courtroom steps, at sheriff's offices, and in front of the very sale properties themselves. If you're looking to buy foreclosure properties, you've come to the right place.

THREE OPPORTUNITIES TO BUY FORECLOSURES
Each situation is different and offers a unique set of opportunities. As you learn more about foreclosures, you'll be able to decide which approach is best for you. To help you decide, let's take a look at all three situations and go over the investment strategies you can use for each.

Pre-Foreclosure: Negotiate to Buy Before the Foreclosure Sale
When a homeowner is going into foreclosure, his/her situation is grim. They need to find another place to live, and their credit is ruined. You can help the homeowner before the foreclosure is finalized by paying the back payments -- bringing the note up to date -- and assuming ownership of the property. This stops the foreclosure process, and gives you three choices:

1. You can allow the family to stay in the home and pay you rent -- essentially, paying your mortgage for you.

2. You can allow them to move out. Then, you sell the property on the open market.

3. You allow them to move out, then rent the property. The next tenant pays your mortage until you sell the property.

Regardless of which choice you make, the property's original homeowner saves his/her credit rating and is given another opportunity to buy again. Meanwhile, you make a nice profit. Everybody wins!

Auction/Sale: Attend and Bid on the Property at the Foreclosure Site
If the lender does carry out the foreclosure, the property will be offered at auction. The asking price, at the most, will be the balance due on the loan. This is often well below the market value, depending on how long the homeowner was in the property. Here is where you can get great deals at prices as low as 50% of value. You can move in, or sell the property. Again, it's your choice.

Post-Foreclosure: Buy the Property From the Lender/Government After the Sale
Not all properties actually sell at the foreclosure sale. Unsold properties are repossessed by the lender, or turned over to the government for repayment. Once a property is acquired by the lender or the government, it is up for sale to the public.

Lists of foreclosed-on homes are available from any lender, or from government agencies; e.g., U.S. Department of Housing and Urban Development [HUD], Veterans Administration [VA], Internal Revenue Service, Fannie Mae, states, counties, municipalities. Once they are put up for sale, you can buy foreclosures directly from the bank or the government.

To access a complete database of government auctions happening across the U.S. and in Canada, go to:

==> http://TinyURL.com/cmdssd

BEFORE VENTURING IN, SEIZE EDUCATIONAL OPPORTUNITIES
Why is the profit potential of foreclosure investing so great?

* Properties are often sold below market value.

* Lower down payment, smaller mortgage, lower monthly payments.

* Equity can be increased faster.

If you'd like to learn the real in and outs of buying foreclosures, Trump University is offering its "Fast Track to Foreclosure Investing" seminars from coast to coast. There, seasoned Trump U investors and instructors reveal the specific foreclosure investing strategies and techniques that have been used again and again by the world's most brilliant real estate investors.

REGISTER and LEARN:

* How to Find Foreclosure Investing Opportunities in Your Geographic Area: Take advantage of the hot investing opportunities in your neighborhood before anyone else does.

* Credit and Credit Card Repair: Be in good financial standing, so you can make money at every stage of the investing process.

* Financing: How to benefit from some specific sources of seed capital and put together your own creative financial deals.

* The Phases of Foreclosure Following the Foreclosure Clock: When to make a move and how to capitalize at every stage of the process.

* How to Capitalize without Harm: Part of the foreclosure investment process includes finding ways for sellers to move on without shame.

* What to Do Once You Have the Property: Do you rent, renovate, or sell immediately? Learn what's best for your specific situation.

* Goal Setting: How to set realistic goals and attain them every time.

Walk away from this workshop and you will be well on your way to profiting from foreclosures.

To attend a FREE introductory class in your area -- and receive a complimentary "Catch the Wave" CD-ROM [$50 value!] -- go to:

==> http://TinyURL.com/avbmao
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Want to Profit From Foreclosure Investing? Learn How at Donald Trump's FREE Introductory Class!

Fed's Surprise Rate Cuts Might Signal Good Time to Buy Home, Refinance Mortgage

The Federal Reserve's surprise decision this morning to cut interest rates by 75 basis points may signal bleak times ahead for the U.S. economy. But that doesn't mean everybody will suffer. If you're looking to buy a home, refinance your mortgage, or consolidate debt via a home-equity loan, these next few weeks could very well help you prosper.

In a highly unusual move, Federal Reserve Chairman Ben Bernanke [pictured] on Tuesday announced plans to slash the fed funds rate to 3.5 percent, from 4.25 percent, hoping to calm the markets and to stimulate the slowing economy and avert recession. That the Fed did so a week before its scheduled meeting underscores how perilous conditions have become.

So, what's it mean to you?

First, the good news: If you need to borrow money, it might get cheaper. Rates on 30-year, fixed-rate mortgages already have fallen to about 5.4 percent from 6.3 percent six months ago. These rates take their cue from 10-year U.S. Treasury bonds, whose yields have fallen to 3.4 percent from 4 percent at the start of the year. So, maybe the 30-year mortgage will fall even further.

If you are thinking of buying a new home or refinancing a mortgage, consider waiting two or three weeks to see what mortgage rates do. There's not much risk they'll go up significantly, and there's some chance they'll drift down. Some analysts think the Fed may cut rates again at its Jan. 30 meeting.

Homeowners with adjustable-rate mortgages also may benefit from the Fed rate cut, which could lower the indexes used to rest adjustable loans. The one-year Treasury bill, for example, now yields about 3 percent -- down from 3.2 percent a month ago, and 5 percent a year ago.

In other words, if your loan resets every 12 months and used the one-year Treasury for a reset today, the interest rate could drop by two full percentage points, perhaps saving you hundreds of dollars a month.

Still, you might consider using this opportunity to refinance to a 30-year, fixed-rate loan. You could lock in that unusually good, below-6 percent rate and avoid rate hikes that you might face in the future with an adjustable loan.

The general decline in interest rates could influence rates on car loans, credit cards and home-equity loans. Unfortunately, so many factors affect those rates, it's too soon to know for sure. With interest rates in flux, keep an eye out for good deals.

Low interest rates and sinking home prices are creating opportunities for people shopping for a home or looking to refinance -- especially, if they have good credit. However, tightening lending standards are making it increasingly difficult for people to borrow if they have bad credit.

LendingTree can help you compare rates on mortgage loans, refinancing loans and home-equity loans -- with no fewer than four offers in each category. Submit your free request today!

* LendingTree Mortgage Loans: http://tinyurl.com/2v23dw

* LendingTree Refinance Loans: http://tinyurl.com/344n7a

* LendingTree Home Equity Loans: http://tinyurl.com/3bwlpn

SOURCES: Bankrate.com, MSNBC.com [file photo]
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Multimedia Learning Package Helps Boost Your Credit Score to 720 in as Little as Three Months!

Wondering if you're overpaying or being denied a better life because of a low credit score? Wonder no more! In "7 Steps to a 720 Credit Score®: How to Win the Credit Game," you'll learn how to boost your credit score in as little as three months.

Learn the seven, little-known rules of credit -- and turn even poor credit into great credit, and into an opportunity to SAVE hundreds of dollars every single month! Even if you've been denied credit before -- or think your credit is beyond repair -- you can still raise your score to 720, the magic number that qualifies you for the best rates and loans, helping you to save hundreds of dollars every month in interest payments!

For instance, did you know you could save $589 a month on a $300,000 home loan if you have a 720 credit score instead of a lower score? That adds up to $212,040 over 30 years! On the other hand, did you know you could be a high-income earner, paying bills on time, without ever having a collection…and still have a low or average credit score that's costing you hundreds of dollars each month?

It happens all the time. Why? Because we are being judged every day by a set of rules most people never learn. That's why, in "7 Steps to a 720 Credit Score," credit and personal finance expert Philip X. Tirone will teach you the seven steps for playing the credit game so you will establish great credit -- in as little as three months!

For example, you'll learn:
* A dirty little trick that credit-card companies use to lower your credit score to keep their competitors away from you. Learn if you're a victim of this -- including how to fix it.
* Which errors on a credit report are a waste of time to fix and which are a high priority [helping you to raise your score by 5, 10, 15, 20 points at a time].
* How to build credit [if you have none] and rebuild credit if you've gone through a divorce, bankruptcy, or other major delinquency.
* Why you should NOT become a cash-only citizen. At the same time, learn how to keep credit active without putting yourself into debt.
* How paying collections can HURT your credit score.
* How to prepare for a loan by improving your credit score.
* How to maintain a high credit score for the rest of your life!

With a 720 score, lenders will compete for your business -- giving you lower interest rates, insurance premiums, and more -- helping you to save tons of money. Money that you can use toward a new car, vacation home or boat, your children's or grandchildren's college fund, retiring early, or anything else you desire.

Just think: You won't have to change your job or increase your income to gain all of this. All you have to do is change your credit score…in seven simple steps!

Embarrassed by your credit score? Thinking about buying a home or a car? Got collections? Want to save hundreds, even thousands, of dollars every month -- simply by raising your credit score to 720? Order Philip X. Tirone's multimedia "7 Steps to a 720 Credit Score" today!

Who's Philip X. Tirone?
Philip X. Tirone is an expert in residential home financing and a mortgage broker, whose past production proved to be a major powerhouse in his mortgage firm's billions of dollars in loan sales. With a unique background in difficult-to-obtain loans, Philip has spent many years finding loans for borrowers with bad credit, no credit, bankruptcy, and stated income. He has analyzed over 10,000 credit reports and worked with his clients to maximize their credit scores to minimize their interest payments.

An accomplished entrepreneur and philanthropist, Philip is also the creator of the financial tool, Complete Financial Navigator™; is a frequent guest lecturer at the University of California, Los Angeles; and, most recently, was featured in the New York Times bestseller, "Secrets of the Young & Successful," by Jennifer Kushnell.

Click on this link to order Philip's "7 Steps to a 720 Credit Score" now!
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