WOW!

Foreclosure, Foreclosure, Foreclosure and (you guessed it...) Foreclosure!

That's all you hear about now...

On TV, radio and all over the Internet, thousands of people are going into foreclosure everyday.  Money is 'tight' and refinancing to get out of a terrible loan is impossible now. 

People will lose their houses, their fortunes and their self respect. 

It's nothing that wasn't clearly visible - for someone willing to look. 

I've talked about it for the last few years, how all these ARM loans will backfire on the unsuspecting people that allow themselves to be pulled in by those 'low' interest rates (I think the banks should have a 'test' to see if the person really understands what they are getting into before giving the loan...)

The banks are not stupid, they knew what was happening and what was going to happen.  Today's 'news' is nothing that wasn't planned well ahead.

After all, what better way to guarantee yourself 'job security' than to set someone up into something that will cause them to sweat and toil today, then fail miserably later - and have to come back to you, begging for your help later?  And, all the while, you are making money hand over fist from their efforts?

Well, as much as I like to 'be the bank', I certainly do not endorse such practices, yet, most of the big lending institutions seem to disagree with me most of the time anyway...

Nonetheless, the market is where it is today because of the practices of yesterday - access to easy money with low rates for the first couple years (they are called 'teaser' rates for a reason...) had many people clamboring to grab up these bigger and bigger houses that, during times of 'normal' money, they cannot even begin to afford.

Then, when the 'gun' at the end of the bank's ARM goes off, the person is faced with payments so high they can't afford to make them - often, the payment is higher than they make every month!

That's the kind of stuff that really burns me up!

Yet, the only thing you can do is to help those you can...

Nothing we can do about the situation they got into, but there may be a way you can help them at least move on with their lives. 

Yes, sometimes that means that they have to walk away with nothing for all their work and effort.

Sometimes it means even worse than that...

As an investor, you have a choice.  You can help those you can and do it with dignity and respect all around, or you can 'strong-arm' folks and kick them out of their house.

I choose the method that not only has people thank you for getting them out of their house, they send their friends around for me to help as well.

Which way do you want to work with foreclosures in today's crazy market?

Either way, you can, should and must get out there and seize the best real estate investing opportunity market in history. 

There are ways to help people that really need your help.

You didn't get them into the situation, but you can help them get out - and they will thank you for it!

I'll be teaching all about finding and working with foreclosures in today's market and just how you benefit most from working with and choosing the right team members this month in the training entitled "How You Benefit From Today's Massive Foreclosure Market".

Learn more about this session and how you can participate in the learning in the 'Events' section.

Happy Investing,

Steve Majors - The Lazy Investor

http://TheLazyInvestor.com