Yes, it is true. You cannot find the secrets that a real state technician knows free of cost anywhere. No bookstore or libraries, even law libraries can be of any help to you, as you will not find any book on this highly-protected information. Even Internet, the largest sea of information, would disappoint you when it comes to know the secrets of how to perform a successful real state deal. You can search through hundreds of search engines but will not be able to get the relevant information. However, Internet has still an edge over bookstores or law libraries, as on Internet, you can find out many such websites that offer you this highly protected information, but not free of cost. You need to pay in order to understand the secrets of judgment regarding the process of a real state deal. 

Secrets Of Real Estate Deals: Why It Is Not Free?
There are many reasons for why this information is highly protected. Some of them can be described as follows.

• The secrets of performing a successful real estate deal are a major profit center for Title Companies and lawyers. It can earn those thousands of dollars per customer.
• They cannot spend hours explaining the process to you because their time driven industry does not allow them to spend such a huge time to give ¡®private tuitions.¡¯ Moreover, such investment of time is not at all profitable for them.
• There is no huge market as such for this type of specialized knowledge as such. After all, an occasional homeowner or buyer does not need it at all. This information is for elite investors only.
• Even if you find such an elite investor, you will not be able to get the secrets out of his mouth. Once understanding the secrets of judgments, defaulted mortgages, title searching, they also do not want to share it with other investors. 

Performing a Real Estate Deal: Is it really That Complicated?

No doubt, it is hard to find, but you can eventually get the information from Internet by paying certain amount. However, most people still prefer to pay a real state technician to perform the deal rather than paying a website to get information about the process, such as, how to prepare a deed, how to perform a title search, how to draft a strong option contract, or how to fix a bad title. Such investors give the logic that ¡®what a doctor can do, you cannot do by reading medical books.¡± 

However, this is not the complete truth. When it comes to real estate deals, you can become the ¡®doctor¡¯ by understanding the technical side of the process. If you are a serious investor, and have a strong understanding of the technical side of investing, you can definitely take a new form of control over your deals. Believe me, once you understand the secrets of performing a real estate deal, you do not need to pay a real estate technician anymore. You will come to know that most outrageously under-priced deals are nothing but distressed deals. No matter whether it is a private deal or a sleeper deal, back taxes, judgments, liens, questionable contracts and other issues related to them can be understood. If you are an aggressive investor, you are intelligent enough to understand the process and you can perform the paper work title search, closing procedures etc - all yourself. 

Here is a real life example of a serious investor. A few years back, my friend found an excellent foreclosure deal. The house was in a very poor condition, as in most cases, but as per the terms my friend gave the owner $70 to deed him the house, and then he performed a title search. Initially he was a bit worried, when he found the defaulted mortgage with a $7000 lien. He did some more legal research and eventually found such a lien was not a matter to worry, and he decided to take title anyway. Do you know what happened next? After a few years, the lien was gone. 

Performing a Real Estate Deal: Things to Remember

• My friend was successful, because he knew what he was doing. He was a serious investor and was intelligent enough to understand the legal facets of these distress deals. 
• It is highly recommended for you to think twice before performing the deal all yourself. This is not an easy cake that any dabbler could do it.
• Never forget, how much legal counsel you need depends upon how much money is involved in the stake. The bigger the stakes, the more money you need to spend on professional fees. 
• However, it is also true that the more you understand the technicalities of these distress deals, the lesser you need to pay for legal counsel and the higher you make the profit. 

To pay in order to know the secrets of performing a successful real estate deal is a useless investment for dabblers. However, for a serious and aggressive investor like you, it is no doubt a rather profitable investment.

© Copyright 2004 by Buyincomeproperties..com