Introduction: Foreclosure Tutorial

Welcome to the RealtyStore Foreclosure Tutorial

The purpose of this tutorial is to provide an overview of the foreclosure The legal process instituted by the lender in a mortgage loan after the borrower's default. process and to help you get started in achieving your real estate dreams. Whether you are a first time buyer or a seasoned real estate professional, there is tremendous opportunity in purchasing undervalued foreclosure property. Your timing as a new member to Realtystore.com could not be better. The national foreclosure rate has continued to increase over the last several years and currently, more than 2 out of every 100 mortgage loans are in the foreclosure process.

There is no doubt that the housing market is red-hot, as housing prices have skyrocketed across the country. The big problem is that housing affordability is declining which causes people to stretch their budgets. The rise of interest-only The borrower pays only the interest that accrues on the loan balance each month. Because each payment goes toward interest, the outstanding balance of the loan does not decline with each payment, combined with higher consumer debt and changing bankruptcy laws are likely to cause foreclosures to rise dramatically in the very near future. Due to these market conditions, we believe the best opportunity to make money investing in foreclosures is about to occur.

Unless you are already an experienced foreclosure investor, we recommend that you take advantage of the information presented in this tutorial. While it certainly will not make you an expert on the subject matter, it does provide an easy to understand overview of the foreclosure process and how to purchase these properties.

There are few opportunities today that can be as lucrative and exciting as the hidden market of real estate foreclosures. We wish you the best of luck and hope to see you accomplish extraordinary success in your journey into foreclosure real estate. Remember…the harder you work the luckier you will get. We appreciate your feedback, so please let us know if there is anything we can do to improve the service.