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 Donna Neil on December 13, 2008 at 12:00 AM About Donna Neil Donna Neil is affliated with RE/MAX Boone Realty, which is located in Columbia, MO. For further assistance please use the contact information located on the right. As of 05/23/12 the Donna Neil RePage is ranked at 5,114 with 400 points.

Local Information for Columbia, MO

Latitude: 38.948351 -- Longitude: -92.333779

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Columbia is a city in Boone County, Missouri, USA. It is the principal city of the Columbia, Missouri Metropolitan Statistical Area which encompasses all of Boone County and Columbia. The city has an estimated population of 90,947, as of 2006. The city was founded in 1819. The surrounding Metropolitan Statistical Area has a population of 151,129, as of 2006. Columbia is located roughly equidistant from St. Louis and Kansas City on Interstate 70. It is the county seat of Boone County, Missouri. Columbia lies in the heart of the Little Dixie region of Missouri. Columbia is frequently ranked on various "top places" in the United States lists, such at Money Magazine's annual lists. [1] [2] The city is home to the University of Missouri–Columbia, the flagship campus of the University of Missouri System. The city is also home to Stephens College, a traditionally-female college, and Columbia College, which led in the past to Columbia being known by the nickname "College Town USA". -- Source: Wikipedia.com