Real estate -an evergreen domain where you can reap both long, as well as short-term benefits. That said, almost all key areas of a real estate business require heavy investment.
What if I told you there was a loophole in the system which could make you thousands of dollars in one go?
It does not require capital to begin with, no one is talking about it, and anyone can do it, regardless of their background!
In this blog, I will give an unbiased review of Foreclosure Academy , an all-in-one foreclosure investing course, that gives you everything you need to learn to turn someone's loss into your profit. Dive in!
Conventional Foreclosure Investing: An Overview
Conventional MethodForeclosure Academy's MasterplanAn investor purchases properties that have been foreclosed on by the lender due to non-payment of taxes or mortgages.
You do not need to purchase any expensive property or put thousands of dollars into your venture.
The idea is to purchase distressed properties at reduced prices and sell them for a profit later.
This course tells you how to reclaim funds held by banks post-foreclosure of property and transfer them to the rightful owners while making a decent cut of up to 40% for yourself.
May or may not be profitable for you.
Incredibly profitable and an easy-to-automate business model.
Requires a huge capital investment.
Does not require any investment, only your time and oversight.
Calls for some degree of real-estate expertise and knowledge.
From veterans to real estate rookies, or even someone who has never been in the real estate investment market, this course is profitable for everyone.
About Foreclosure Academy
Foreclosure Academy provides a detailed, easy-to-follow guide for identifying profitable foreclosures and capitalizing them to make a decent cut. Here's the catch: You don't need to purchase the property like usual.
This course tells you how to find opportunities, evaluate the market, negotiate with lenders, and close agreements for a profit. The webinars, videos, and e-books are available on their website range from introductory concepts to more advanced techniques.
On top of that, you'll get access to the exclusive Foreclosure Academy Forum, where seasoned investors share their knowledge and expertise with other members, more on that later.
How Does It Work?
With thousands of properties going under foreclosure every week in the United States alone, many people end up losing their land. When a homeowner defaults on their owning mortgage or taxes, the lending institution or bank often begins the foreclosure process.
They will then file a default notice with the court and subsequently sell the property at auction to recoup their losses. For instance, if one of your properties undergoes this process, you will have to transfer the rights to the bank, so that they can sell this property and recoup their missed mortgage.
But what about the payments you've already made? If the bank sells your property at an auction for a million dollars and reclaims $100,000, does this also make them the rightful owner of the remaining 900k? Absolutely not!
This money should ideally be sent back to the previous homeowner, which is you in this case! But the thing is, this leftover money is hidden by the government. Most owners do not know that they are entitled to this cash, and even forget to claim the money back. This is where you come in!
Foreclosure Academy will teach you how to find such properties, and get the unclaimed money back into the pocket of its rightful owner while making a 30-40% commission.
Implications with a DIY Approach
If someone were to do all this on their own, not only will they risk getting their funds seized, but lack of expertise may also make this process incredibly lengthy and non-bearing. You first need to filter through potential properties, then look into state laws, talk to clients and win their trust followed by arranging the paperwork which ensures that you'll get your share.
But do you really have the time to dive into boring state guidelines, look up state-wise information and then do everything manually? Here's a rough estimate of what it will look like if someone were to do this on their own:
- Multiple hours spent.
- Even if you do discover potential foreclosures, many of the listings might have already expired by the time you try to reach out to the rightful owner.
- Days wasted in researching the acceptable guidelines for each state, not to mention, the additional time required for area-wise research.
- Can be automated
- Gives huge returns
- Can help even someone who doesn't have prior experience in client communication or real-estate
That is why something like Foreclosure Academy can be good for you.
Personal Experience
Real estate has always been a good investment & income avenue due to its evergreen nature and almost predictable profit margins. Thus, when I first got to know about foreclosure, I was surprised that there is such a big loophole in the system which nobody has explored yet.
Foreclosure Academy helps you along the entire process and explains all the boring stuff without any complications, which would otherwise take up a significant chunk of your time if you decide to do things yourself.
Why Buy This Course?
Here are some issues a potential student will face if they do this without the course:
- Limited Access to Information: The foreclosure process is time-consuming and complex, which leads to limited access to information regarding current properties for sale. This makes it difficult for individuals looking for foreclosed properties to find good deals.
- Sold Through Auctions or Real Estate Investors: Many foreclosed properties are sold through auctions or through real estate investors who have exclusive rights to market them. This further limits the availability of such deals to the general public.
- Banks May Not Lower Prices: Banks may be reluctant to lower the price of a foreclosure property due to legal liabilities and other risk factors associated with such transactions. For example, they may be concerned that they are leaving themselves open to potential legal action in the future.
- Banks Want Quick Sales: Banks often want to sell quickly, which means that they may not have time to thoroughly market the foreclosed properties in order to attract potential buyers. This can be a major obstacle for individuals looking to purchase foreclosed properties.
What You'll Get
With Foreclosure Academy, it's really a choice similar to Either getting a couple hundred bucks in cash or getting some knowledge with that same money that will make you thousands & millions later.
You first need to fill out a signup form, review the course content and proceed with the purchase. As soon as this is done, you will receive an email containing everything you need, including the credentials for their learning portal.
Here are some things that you get:
- The Member's Area: This includes 6 core modules that will teach you everything from website design and market research to a word-by-word script for closing client deals.
- Learn the process from scratch
- Know all about the legal system you need to target
- Learn how to ensure complete retribution of funds
- A thorough list of the latest foreclosed properties sorted demographically
- Updated regularly
- Potential properties which can give you a decent profit margin
- No more having to go through state interdisciplinary
- Summarized info on tax overages in each state with tax laws
- Best states you can target for the most profit
- An absolute game changer
- Includes the breakdown of the entire process without any complex technicality
- Tells you how to use effective narration to gain client trust and close the deal
- A contract that ensures that you get paid once the money reaches its rightful owner
- Other legal paperwork and forms you'll need to get started
- Beneficial for both parties
- Learn how to avoid expired listings
- Basic legal guidelines that you should know
- An easy website template
- Complete support for training VAs to automate your business
- Expert training sessions where you can track your progress
- Private Members-Only Community: This was the most valuable for me, an option that I used to track and learn from the progress and mistakes of others, and get in touch with many others who have earned more than 100k from this course. What's best is that this forum is highly interactive, so you get your doubts cleared in no time, and you get LIFETIME ACCESS.
- Weekly Webinars: No, you don't need to be a tech nerd to set up all the integrations and the website. If you get stuck in any module or need expert help, you can voice your questions in weekly webinars.
- UNCONDITIONAL 30-DAY MONEY BACK GUARANTEE No questions asked. This goes to show how confident Foreclosure Academy is in the value of its course.
Foreclosure Academy's Premium Service
You can get into this course if you want to skip things like doing research, finding available overages, gathering leads, skip tracing, making lists, doing cold calling, preparing paperwork, making a website, etc.
The main program can be accessed and purchased via the official , however, if you are someone who:
- Has a job and cannot give lots of time in the beginning
- Wants to see results quickly
- Cannot work full-time on this
Then you should definitely consider Foreclosure's Fast Track program. This gives you all the value from the Foreclosure Secret's program along with the same bonuses along with assistance to automate this process. How you ask?
The team at Foreclosure Academy hires multiple VAs on a monthly basis and trains them for their clients and businesses. As soon as you purchase the Fast Track course, they will hire a VA for you as well (at a bargain price of around $350 per month) and train them for free.
This means by the time your VA starts working for you, they will already know what to do, and how to handle clients and the business, taking the burden off your shoulders.
Keep in mind that in order to purchase the Fast Track program, you will have to visit this link and book a call with the sales team.
Quick Links:Conclusion: Foreclosure Academy Review 2022
For those willing to invest their time and resources in the foreclosure business, there are two options: Getting this course at a bargain price or doing it yourself.
Frankly speaking, this course can be incredibly beneficial for individuals who do not have the expertise or experience in this field but want to take advantage of investing in foreclosures. Their team can provide expertise and guidance in navigating the legal complexities of foreclosure deals, as well as market them to potential buyers.
Meanwhile, if you are someone who has experience in this field and feels confident in their ability to find good deals, you may opt to do it yourself. Otherwise, you can try doing things yourself too.
Regardless of which route you take in investing in foreclosure deals, it is important to remember that this field requires perseverance and dedication. It is essential to understand the legal aspects of foreclosures and do thorough research before investing in a property. With the right skills and knowledge, individuals can make a huge profit in no time!
