Pricing and Inventory Challenge in Pre Foreclousre Purchasing |

The Home Stand arrives in your email inbox month after month, giving you timely, accurate investing tips and advice you can use to stake your claim to your own real estate investing dynasty.

This month, the focus of The Home Stand is your prosperity ? the best ways to utilize the available tools in growing an impressive, thick real estate investing portfolio.

As an investor trying to reach the pinnacle of investing success, your number one priority should continue to be finding good investing opportunities. Looking forward through 2013, in many cases this will mean finding distressed properties, then snapping them up before the competition.

Nestled in the middle of the happy hunting ground between means and opportunity are two huge challenges ? hurdles which must be crossed if 2013?s promise will yield the results you seek.

Before you learn about three great strategies you can use for tapping into your share of this multi-billion dollar investing market, it?s crucial that you understand how high two major hurdles standing in your way are ? and how to effortlessly cross them without tripping over your dreams. These hurdles are high purchase prices and available inventory.

The Pricing and Inventory Challenge

If you?re actively investing in real estate, you?re well aware that prices are rising, while available properties are dwindling. It?s no secret that available inventory is dropping, and that in some locations (such as Phoenix, and others) bidding wars for available properties is driving prices through the roof.

Due to the real-world impact of supply and demand, these facts present you with a very real challenge: Find distressed properties and snap them up before somebody else does.

One saving grace that helps to mitigate the pricing and inventory challenge is that most retail buyers are interested primarily in properties that are ready to occupy, and that don?t need work. As a real estate investor, you clearly understand that substantial profits are available to those willing to purchase distressed real estate (owners and properties).

The good news is, there are three excellent ways you can go about locating distressed properties and/or property owners.

Work With an Investor-Friendly Real Estate Agent/Broker

Most real estate investing manuals, training guides and books sing the praises of working with an effective, knowledgeable real estate agent. There?s a good reason for this: an investor-friendly agent can help you tap into available properties that might fall beneath the radar of most traditional buyers.

The key to success in this area is the investor-friendly part. Remember this ? it is crucial. An investor-friendly real estate agent will understand your buying criteria, will know the kinds of properties you?re seeking, and won?t push properties that don?t neatly fit into that criteria just to make a sale.

In other words, an investor-friendly real estate agent will put your needs before their desire to earn a few bucks in commissions. (Many real estate agents are truly interested in giving you what you want, but it?s important that you clearly communicate your needs to ensure that you?re able to get what you need.)

Web-Based Distressed Property Locating

As the Internet has taken over more and more of our lives, we?re all much more likely to tap the power of the Internet in meeting challenges. This is equally true of real estate investors who would like to locate distressed properties that they could then purchase.

While there?s a bit of a learning curve in setting up a website, developing systems for obtaining distressed property leads, then following up on those leads to find good property candidates for purchase, the web holds tremendous promise for real estate investors.

One of the biggest challenges investors face is in rationalizing the financial expense of getting a site activated, popular from a search engine perspective, and helping the investor to reach their financial goals.

Many investors have been able to harness the power of the web in using web-based tools for locating distressed properties, buyers ? and in the case of buy and hold investors ? tenants. While there is a cost involved in getting started, this can be an effective, profitable way of locating distressed properties for investment purposes.

Real Estate Agents and Web Marketing Aren?t Perfect

While tapping into a knowledgeable local real estate expert and using web-based tools in marketing your real estate investing business can help you to locate distressed properties or property owners in distressed situations, both have a glaring hole that can limit the effectiveness of these tools: both rely on your ability (or the effectiveness of your systems) to find distressed properties before the competition does, or before the foreclosure process runs its course.

This means you need to get your hands on accurate pre-foreclosure data as early in the foreclosure process as you can, to ensure that you stand the best chance of purchasing properties before the foreclosure clock runs out, or your competition scoops up available properties before you can.

Default Research: Key to unlocking the Door to Financial Success

Each month we compile comprehensive lists of pre-foreclosure data for 5 states:

?

• Arizona
• California
• Florida
• Michigan
• Nevada

?

Armed with comprehensive lists of pre-foreclosure activity in areas in which you might want to invest, you can contact property owners and arrange to purchase properties before the owner gives up on seeking foreclosure alternatives, which usually wrecks their credit for years to come.

One of the challenges investors face when purchasing pre-foreclosure lists is in knowing how to contact the owner. That?s why our pre-foreclosure records always have the most accurate address and telephone information available, to ensure that you can actually reach the owner once you have the list of your choice.

Make no mistake ? accurate information isn?t always a self-evident truth. Other pre-foreclosure list providers may have address information available, but you have no confidence that the information is accurate. We go the extra mile in scrubbing address and telephone records to ensure that the pre-foreclosure information in our lists is the most accurate, up-to-data default research available.

Regardless of which of these tools you choose to put to work in your investing business, please do something to put you closer to the sometimes-elusive success that you seek. You?ll be glad you did.

Don?t Forget to Check Out Our New Press Release

Here at Default Research, our best, timeliest pre-foreclosure information is available on a subscription basis, but we do have plenty of free information available, too ? evidenced by this edition of the Home Stand. Our latest press release is another example of free tools we provide our readers. This month, we focus on Detroit.

While you may have dreams of reaching the pinnacle of investing success, you may be unclear about the areas you may choose to invest. Based on the latest Detroit-area pre-foreclosure numbers, you might want to give Detroit serious consideration as you lay plans for your 2013 investing strategy.

What do the numbers show? Are prices up? Are there more pre-foreclosure investing opportunities in the Motor City, or do you need to ramp up your other marketing efforts in reaching your financial goals? Read our latest press release here, then take the steps that will ensure that this is the best year of your investing career.

Source: http://newsletter.defaultresearch.com/2013/02/issue-59/

photoshop cs6 beta cate blanchett nfl news tebow tebow jets romney etch a sketch jeb bush