CHICAGO, IL, (NAMC) - The most obvious benefit of using a short sale to buy an investment property is that most banks will negotiate a price less than what is owed on the mortgage. Rather than have a foreclosed property with a declining property value sitting vacant, banks will lower the purchase price in order to encourage investors to buy. This allows them to get some immediate return on the property as well as long term return as the property’s value and equity increases. It's important that investors be prepared to buy a pre-foreclosure property quickly in order to make the transaction worthwhile for the bank to agree to the sale.

Banks aren’t the only key role players though; homeowners must also be co- operative. In today’s sub-prime market, distressed home owners can expect to gain very little from the foreclosed sale of their home. Often the loan amount still owed is greater than the value of the house which means they stand to loose money if they go about selling their home at market value. However, a short sale enables home owners to transfer their mortgage to a buyer and walk away from the deal debt free.

All this explains why the real estate market is calling for investors to learn pre-foreclosure purchase techniques. Jeff Kaller has mastered the art of pre-foreclosure investment and has taught his techniques to students all over the U.S. Even established real estate firms have studied the techniques he teaches. Industry wide, they now desire to add pre-foreclosure consulting services to their businesses for obvious reasons. This has put Jeff’s course in such high demand that he now offers a free tutorial course at http://www.freeshortsalecourse.com

Jeff teaches the real estate secrets of purchasing pre-foreclosure properties while executing real estate theory to actual practice. Check out his workshops- Jeff is doing them all over the country