Why You Should Focus on the Foreclosure Niche In Y 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, You?ve got your golden ticket. Lenders are extremely flexible on negotiating high dollar mortgages and jumbo loans because they definitely don?t 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 wouldn?t 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 don?t have to have Good Credit because you don?t have to qualify for mortgages in your own name. 3. You don?t need a lot of money to get started. This business has very low barriers of entry. 4. You don?t 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 I?m on a mission to create very successful investors that want to get extremely wealthy over the next two to three years. This situation won?t 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. To get a Free 52 Week Foreclosure Investing eCourse, click this link right now: http://www.dcfawcett.com Posted by Deborah M Ernst on February 08, 2009 at 06:11 AM About Deborah M Ernst Deborah M Ernst is affliated with Ernst & Ernst Properties, which is located in Louisville, KY. For further assistance please use the contact information located on the right. As of 02/08/12 the Deborah M Ernst RePage is ranked at 7,723 with 195 points.

Local Information for Louisville, KY

Latitude: 38.22887 -- Longitude: -85.749534

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ZIP Codes for Louisville, Kentucky	40201  40202  40203  40204  40205  40206  40207  40208  40209  40210  40211  40212  40213  40214  40215  40216  40217  40218  40219  40220  40221  40222  40223  40224  40225  40228  40229  40231  40232  40233  40241  40242  40243  40245  40250  40251  40252  40253  40255  40256  40257  40258  40259  40261  40266  40268  40269  40270  40272  40280  40281  40282  40283  40285  40287  40289  40290  40291  40292  40293  40294  40295  40296  40297  40298  40299
Area Code for Louisville, Kentucky	502
Time zone for Louisville, Kentucky	EST

Other Area Cities:   Shelbyville, KY  Fairdale, KY  Fern Creek, KY  Fisherville, KY  Louisville, KY  Anchorage, KY  Jeffersontown, KY  New Albany, IN  Douglas Hills, KY  Hurstbourne, KY  Norbourne Estates, KY  Okolona, KY  Prospect, KY  Rolling Fields, KY  Saint Matthews, KY  Windy Hills, KY  Valley Station, KY  Buechel, KY 

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Louisville is Kentucky's largest city. It is ranked as either the 16th or 27th largest city in the United States depending on how the population is calculated (see Nomenclature, population and ranking below). The settlement that became the City of Louisville was founded in 1778 by George Rogers Clark and is named after King Louis XVI of France. Louisville is most famous as the home of "The Most Exciting Two Minutes in Sports": the Kentucky Derby, the widely watched first race of the Triple Crown of Thoroughbred Racing. Louisville is situated in north-central Kentucky on the Kentucky-Indiana border at the only natural obstacle in the Ohio River, the Falls of the Ohio. Louisville is the county seat of Jefferson County, and since 2003, the city's borders are contiguous with those of the county due to merger. -- Source: Wikipedia.com