by Mark Klee & Caryn McKinney

Answer #1: Niche Marketing = Less Competition and Greater Profits. As a real estate investor, perhaps you’ve figured out how easy it is to be unfocused in the real estate investment business. That being the case, my partner, Mark Klee, and I want to help you understand the incredible profits available to you by doing business in a NICHE market – particularly one that MOST investors are afraid to go after – bankruptcies. It’s not brain surgery to realize that any market with less competition will also offer you greater opportunities for amazing profits!

You should also realize that if you’re NOT in a niche market, you’re fighting all the other investors for the same FSBOs, MLS listings, and wholesale deals from whatever resources you have. So why not at least check out this bankruptcy niche that most investors are, indeed, afraid to tackle?

Answer #2: Market conditions are ideal Check out the following basic facts on our current market conditions and you’ll start to see how ideally the stage is set to work with quality bankruptcy leads.

• In many areas of the country, investors are finding greater competition for fewer deals.
  
• Rising interest rates and housing prices make it difficult for the typical investor to find deals that are worthwhile.
• Home ownership is at record high levels. This is largely because interest rates have remained at historically low levels for a number of years.
• Liberal lending standards have led many consumers to borrow more than they can afford. Over 150 different types of mortgages now exist, allowing purchases by consumers who would not have previously been able to qualify for a home loan. Buyers have enjoyed $0-down mortgages, no-doc loans, ARM’s with unrealistically low “teaser” rates on the front end, 106% LTV notes to allow for NO-CASH closings, and even 40-year mortgages! Now interest rates are rising -which clearly contributes to high bankruptcy rates because many owners with no equity in their homes find it easier to simply walk away from their mortgages than to deal with their financial problems.Studies show that a loan’s risk of default is tied directly to the size of the down payment: the lower the down payment, the greater the likelihood of default. Even when down payments are made, low interest rates have encouraged an incredible growth of home equity loans and cash-out refinancing, allowing homeowners to take out almost all the equity in their homes in the form of cash. More and more homeowners are at risk – and looking for solutions to be able to stay in their homes longer – solutions like bankruptcy!

Adding even more fuel to the fire – the Census Bureau recently released statistics showing that the average household spends almost a third of their income on housing costs – up from only 20% in 2000. Pile on the data about rising consumer debt burden. Then look at what happens when there’s a financial difficulty like the loss of a job, unexpected medical expenses, significant car or home repair, divorce, or any of a zillion other emergencies – and it’s easy to see that almost ANY disruption in financial circumstances can seriously impact a homeowner’s ability to make mortgage payments.
As interest rates rise, homeowners with ARM’s easily find themselves no longer able to afford their home AND no longer able to afford to refinance. This is potentially the market segment that is at the highest risk. And if the real estate market flattens or dips in a given area, homeowners with interest-only mortgages also find themselves “upside-down” in their homes. These situations leave homeowners with bankruptcy and/or foreclosure as their only real alternatives. And it’s proven – when interest rates rise, bankruptcy rates rise.

Answer #3: Bankruptcies are not as complicated as the world would have you believe! Wait! Don’t run! Don’t be afraid! When you cut through all the legal mumbo-jumbo, the details are pretty darn simple. No, you don’t have to be an attorney to invest in bankruptcies. You just have to understand some basic terms and processes. Trust us, it’s not rocket science or we wouldn’t have made the profits we’ve made!

Answer #4: Why NOT Bankruptcies? We can’t come up with an answer to this one!!

So how can YOU and your business benefit by what you’ve just read? Be honest, wouldn’t you like to be able to contact highly motivated sellers on the front end of their troubles before anyone else knows about them – instead of waiting until all the foreclosure investors are notified???

Well, that’s EXACTLY what we do in our business. So if you’re serious about looking for a new niche, you want less competition, and you don’t mind learning some simple step-by-step details, then check out our web site at www.PostBankruptcyReport.com. It doesn’t matter where you live, where you want to invest, or how long you’ve been investing – we can help!

Caryn McKinney and Mark Klee originally partnered in 2002 to create PostBankruptcyReport.com. Now they are a national voice on investing in bankruptcies. At the request of their subscribers and others, they have developed quality training materials and seminars to promote this incredible investment opportunity. Their simplified and detailed information includes everything you need to know as a real estate investor wanting to purchase homes in the bankruptcy niche market, including showing you how to access the hottest leads coming out of bankruptcy! Now you can enjoy the same amazing profits as Mark and Caryn reveal their secrets. Listen to their interview at www.InterviewsWiththeExperts.com/bankruptcy