Our "Find and Fund Foreclosure System" recently found our clients a home which was available for purchase at the final Trustee's Sale Auction for as ONLY $29,500. The starting opening bid available (i.e. existing loan balances, deferred interest payments, Trustee, and legal fees) was $248,000.

Last week, our "Find and Fund System" found a 2,500+ square foot, 4 bedroom, 2.5 bath home (built in 2005) for slightly over $76,000 in Southern California. The foreclosing bank was OWED over $396,500+ dollars (i.e. loan balances, deferred interest, Trustee, and legal fees).

Two weeks ago, our system found our clients a $60,000 Southern California home in excellent condition. The home had a recent market value just last year of well over $250,000.

With the 100,000 properties currently in foreclosure, our "Find and Fund Foreclosure System" lets our clients know immediately in Real Time which are the best of the best deals available to purchase.

Lastly and more importantly, we are able to provide our clients up to 75% LTV (loan to value) financing with no income and no asset information (to individuals, LLCs, and Corporations).

The best way to make money in the continuing Credit Crisis meltdown is to work with our "Find and Fund Foreclosure System". Call or email me for more details.

Here is the updated Southern California foreclosure information for Southern California (week of July 13th - July 17th). This information is solely for three (3) counties (Los Angeles, Orange, and Riverside). Based upon the data compiled by our private foreclosure analysis software system, here are the basic foreclosure numbers:

* 8,282 Properties are going to foreclosure.
* We know the opening bids (typically non-published) on 687 of these same properties.
* Our system has determined that at least 232 of these same properties with opening bids (approximately 1/3) may now have discounted bid prices which are more than 20% below the most conservative recent market value estimates.

Individuals and equity funds are continuing to sign up for our new "Find and Fund Foreclosure" system. Space is limited so please contact us very soon if you have an interest in getting involved with us. 

For more information, please click on the "Find and Fund Deals" tab on this same website.
 

Our foreclosure anaylsis and funding system which allows our clients to potentially find the best individual foreclosure properties in Southern California have provided deals such as the following within the past week.

** Opening Bid at approximately 1 cent over the starting bid at $60,000. The bank's balance due at the opening bid was almost $280,000 (loan balance, missed payments, trustee, and legal fees). Recent market value was somewhere within the $250,000 to $300,000 price range. Home built in 2006.

Here is ONE DAY'S foreclosure activity in the state of California for all scheduled Trustee's Sales (final auctions) statewide on Monday, July 6th (according to our foreclosure analysis system):

1.) 640 CAN (Cancelled sales due to short sales, bankruptcies, mutual agreement, or reinstatement (or modification)).

2.) 18 NTS (Notice of Trustees Sales).

3.) 873 REO (Real Estate Owned. No 3rd bidders so the banks had to take back their properties).

4.) 91 REO3 (Sold to a 3rd Party Bidder).

Within just Los Angeles, Orange, & Riverside Counties, here is the same snapshot of foreclosure activity on Monday, July 6th alone:

1.) 185 CAN (Cancelled sales due to short sales, bankruptcies, reinstatement, or mutual agreement).

2.) 5 NTS (Notice of Trustee's Sales not reconciled).

3.) 218 REO (Bank Owned REOs).

4.) 20 REO3 (Sold to a 3rd party bidder).

To take advantage of the incredible buying opportunities, please contact us today to learn how to get involved. Individuals and equity funds are beginning to work with us now as there is possibly no better foreclosure system in California right now.

There were almost 662,000 prime mortgage delinquency filings in the first quarter of this year. This was an increase of 260% for the prime (A credit) mortgage sector which is typically considered the least risky mortgage segment.

Bloomberg is now reporting that 20 million of the 93 million homes, condos, or co-ops in the United States are now underwater (debt exceeds the value). Someone will eventually have to take these losses whether it is the homeowner, the bank, the secondary markets, or the government.

Sadly, I personally believe that at least 40% of all homes in California which currently have mortgage balances (i.e. not "free and clear") either have no equity or negative equity ("upside down") right now. The markets are continuing to get worse both here in California as well as nationwide.

On the bright side, there are some incredible buying opportunities as banks need to unload their assets at just about any price. For more details, please click on the "Trustee Auctions" and "REO Pool Deals" tabs here on this same website.

Happy 4th of July weekend to all!!!!!

The latest information released by our various data sources shows us some scary numbers here in California. There are approximately 84,000 homes currently in some form of the foreclosure process right now. As a result, lenders have decided to place another moratorium on current foreclosure filings in order to slow down the enormous wave of foreclosures about to hit the REO market.

Sadly, these foreclosures then become the most recent sales comparables in various neighborhoods around the state. As a result, many of the latest home "sales" may be homes which went all the way to Trustee's Sale (final auction). These foreclosure sales may also be discounted significantly below even the balance due (loan amount, interest arrearage, legal, and trustee fees).

We are continuing to help our clients with various loan modification options as many of their home values are now "upside down" (loan debt exceeds the current value). Recent deals included the following for some of our affiliate clients:

* 1st loan interest rates modified to the high 4% range.
* 2nd loan interest rates modified to ZERO with no payments for up to 5 years.

If you need help selling, refinancing, or modifying your loan payments, please give us a call as our experienced team may assist you through the on-going and worsening Credit Crisis.

Foreclosure sales in California increased almost 32% in May. Sadly, this foreclosure increase had jumped over 35% in April as well. There were over 17,870 Trustee's Sales (final auction sales) in May alone. These properties represented more than $8 billion in total loan balances.

Over 80% of these properties started at an opening bid price at the final Trustee's Sale at an average price of close to 58% of the loan value. This means that the majority of lenders were losing a lot of money at the Trustee's Sales as their opening bid prices were just 58% of their current outstanding loan balance (plus all late fees, legal fees, and Trustee fees).

Of the foreclosures scheduled in California in recent times, lenders postponed the scheduled Trustee Sales almost 40% of the time. However, since May, lenders only postponed a record low 6% of their scheduled foreclosure sales after the California foreclosure moratorium was lifted in March. As a result, there are more upcoming foreclosures scheduled, lenders are postponing less, and the buying opportunities continue for those investors who have the access to cash.

In 97% of all Trustee's Sales, there are no third party bidders (investors) so the properties then revert back to the banks. Our "Find and Fund" foreclosure system (please click on the "Trustee Auction" tab on this same website) finds the best foreclosure deals out there, and we may provide up to 75% of the purchase money as a Stated Income loan.

Wow!!! According to RealtyTrac, there were 1 million foreclosure filings nationwide within just the past three (3) months. The temporary freezes on foreclosure filings by lenders ended in March. As a result, the backlog of postponed foreclosure filings hit the market in unprecedented numbers in recent months.

The May '09 foreclosure numbers were 18% higher than the May '08 foreclosure numbers. There were 321,000+ foreclosure filings nationwide just within the month of May as well. Last year, there were 3.1 million foreclosure filings nationwide. RealtyTrac forecasts over 4 million foreclosure filings nationwide for this year alone.

Not surprisingly, Nevada, California, Florida, Arizona, and Michigan were the top 5 states nationwide in terms of foreclosure filings. As unemployment numbers sadly increase in the USA, we expect the foreclosure filings to only increase.

However, we are offering our clients unprecedented investment opportunites as our internal, private foreclosure software systems and incredible lending options (up to 75% LTV purchase loans - no income and no asset verification at the final Courthouse steps (or final auction sales)) may help them find and fund these bargain deals for a FRACTION of their current estimated values.

Please email or call me for Foreclosure Investment Funding Deals.

Sadly, General Motors (once the largest corporation in the world) filed for bankruptcy protection (Chapter 11). Today, GM announced that they may have over $170 billion in debt.

As far back as five years ago, GM's underfunded pension and health care liabilities were almost five (5) times the combined market value of the once mighty automaker. As my friends, family, and clients may remember, I predicted the future bankruptcy of GM, Ford, and Chrysler several years ago after learning how bad their debt to asset ratios were back then.

On a parallel note, the Federal Reserve also announced that they are not "targeting long rates" in response to the increasing 10 year Treasury yields (affects 30 year mortgage rates) in recent weeks. The Fed, supposedly, is not sure what is causing Treasury rates to worsen in recent times.

Listed below may be some reasons for the weakening U.S. Treasury Bond market:

* Rising Treasury yields and a steepening yield curve may mean that investors (domestic and foreign) are worried about the U.S. fiscal outlook due to the declining job market, record deficits, and declining asset values (stocks, bonds, real estate, commodities, etc.).

* Some investors are concerned about the potential collapse of the U.S. dollar, and rampant, runaway hyperinflation equivalent to the old Weimar Republic in Germany (early 1920s) partly due to the trillions and trillions of dollars being created "out of thin air" by both the Fed and the U.S. Treasury.

* Also, China and Japan have consistently purchased over 50% of the outstanding U.S. Treasury debt in recent years. Recently, China (the overall largest holder of U.S. Treasury debt) has decided to purchase shorter term U.S. Treasury debt than the typical 10 year Treasury debt.

After taxes and inflation, many of these bond "investments" are generating negative returns to investors so a 10 year Treasury investment doesn't look as appealing as it once did in the past. If you are thinking about refinancing your home, or locking into a purchase loan in the near term, then it may be wise to consider locking sooner rather than later as the long term rate outlooks continue to worsen.

Attention Investors:

My team of experienced investors, brokers, managers, and lenders are now offering a new investment opportunity for any and all real estate investors looking to profit from the enormous (and potentially once in a lifetime) investment opportunities.

Our in-house foreclosure analysis computer software system (the best software system anywhere) will find any and all foreclosure properties in all of Southern California. Our software system will then help us determine which properties will be discounted the most by the motivated banks who currently own (or are about to own) the properties.

Instead of buyers trying to find "a needle in a haystack", our computer system will show you which are the best deals anywhere in Southern California based upon which counties, cities, or zip codes which may interest you.

In addition, we will help you purchase the properties direct from the Trustee on the day of the sale (on the county courtsteps), or from the bank direct if no one shows up to bid. In many cases, 97% of these foreclosed homes end up back with their respective banks since there are no 3rd party investors (or bidders) who show up at the final Trustee's Auction.

We will also provide you up to 75% LTV purchase money to buy these properties at the Auction Sale. These loans may be made to individuals, LLCs. or corporations with NO INCOME and NO ASSET VERIFICATION.

In recent deals which we have worked on, the properties were sold for 50% (or below) of the most recent conservative value. This is the best way to create new wealth during our ongoing Credit Crisis.

For more information, please contact me direct via this website, or call me at (310) 571 - 3600 ext. #203. Thank you.

Which side of the continuing Credit Crisis meltdown do you want to be on? Do you hope to profit from all of the potential once in a lifetime investment opportunities, or do you wish to be financially impacted like so many other Americans?

In Chinese, the word "crisis" means both "danger" as well as "opportunity". People who focus upon the "danger" meaning of the word "crisis" tend to be more reactive and motivated by fear. Others who focus on the "opportunity" aspects of the same word hope to profit from these unheard of investment opportunities.

We now offer "Distressed Market" Property Funds (either equity or debt (or both)) for residential and commercial bailout properties or projects. You may finish out a distressed residential subdivision development, complete an incomplete condominium to apartment (or vice versa) Rehab project, acquire discounted raw land, hotels, senior living centers, mixed-use deals, or other types of zoned properties nationwide.

These loan amounts may range from $3 million to much higher loan amounts. The Loan To Cost may be up to 95%, and the Loan To Values may be up to 85%. You may also fund an Equity "Buy-Out" deal up to 80%. These are the highest LTC, LTV, and equity "buy out" numbers that I have heard of in recent, more conservative Credit Crisis lending times.

For more loan information, please visit my other website at www.realloans.com.