Foreclosure Market Can be Way in for New Investors

Mooresville, NC, October 11, 2008 --(PR.com)-- John Schaub, author and real estate investor, recently sat down with Judson and Lynn Voss of Get Real, The Real Estate Investing Show for the Rest of Us to discuss the foreclosure market. Mr. Schaub explained that there are many steps in the foreclosure process and savvy investors can profit in any of them. It is a matter of education and understanding the process in your state.

Foreclosures can also be a risky way to invest in real estate if the investor does not understand the pitfalls and risks involved. John recommended new investors learn the process and begin with the least risky approaches such as buying homes after the banks have taken them back and the home has clear title. Assisting homeowners who are “upside down” on their mortgage by performing a short sale with the bank can also be a great way to profit in the pre-foreclosure market.

More information about short sales and the process can be found at http://www.shortsalesbyben.com

If you would like more information about realistic real estate investing in today’s market visit www.getrealrei.com or listen to past and current episode’s of Get Real, The Real Estate Investing Show for the Rest of Us, the nation’s top real estate investing podcast, at http://feeds.feedburner.com/getrealrei

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