Last minute Christmas present

Last minute Christmas present

Are you in the Holiday Spirit already? Or are you still running around trying to get the last minute gifts?

Which is the reason behind this post... I am coming to you today with a special gift. The gift of knowledge.

See, If you don't know what are good deals and what are bad deals you will not know how to recognize them as such. Therefore I want to show you an example of a good deal and an even better opportunity.

Did you know that the number of high end luxury homes
entering foreclosure is increasing rapidly. And yet, there's a little known secret most real estate and short sale investors don't know about.

Here's the 'secret':

Lenders are highly motivated to approve luxury home short sales faster and at deeper discounts because it hurts their financial statements to have these big mortgages in default on their books. Their Wall Street investors don't want to see these big mortgages in foreclosure on their books.

That means you acquire these homes well below wholesale prices and you flip them to end buyers quickly below market value and keep 10%-20% of the sale price (using none of your own cash or credit because they're short sales).

For a $1,000,000 home, that means your profit is $100,000 - $200,000. Million dollar homes are all over the place right now and the number of luxury homes entering foreclosure is increasing every day. And the next wave of luxury homes that is coming between 2010 and 2012 has a ton of high end homes in its inventory, as long as you jump on them before the next guy does.

One of the causes behind all of the luxury home foreclosures is the evil Option ARM mortgage that was so prevalent just a few years ago. These high end homeowners got these Option ARM mortgages so they could afford their BIG houses. They were living well above their means and really couldn't afford to buy these houses but they did anyway and now they
are in BIG trouble.

Because the principal balance of an Option ARM loan
increases every Month, and because home prices have declined significantly over the past 3 years, the banks have a BIG problem on their hands with all of these high end mortgages going into foreclosure.

I don't need to tell you this, you see it every day on the news or in USA Today and your local papers. But the good news is...

You can be the solution for these banks and troubled

Merry Christmas and a prosperous New Year to ALL!!


Cool Elena Cool
Psalms 118:23 "This is the LORD's doing; it is marvelous in our eyes."

Thank you Elena!

Thanks for the tip Elana!

I will keep my eye out for these great deals!

Merry Christmas and Happy New Year to you!!!


... Verses: 35 "but those who hope in the Lord will renew their strength. They will soar on wings like eagles; They will run and not grow weary, They will walk and not be faint." Isaiah 40:31 ...


Thank you for this post and for sharing your knowledge. Good info here.

Wishing you and yours a Merry Christmas and a Happy New Year filled with love, joy, laughter and happiness.

To answer your question, I'm enjoying spending time with my family and friends.

SPR Property Solutions, LLC

a huge merry christmas to you

thank you elena for all of your posts to this site. i feel like a kid on christmas eve (which it really is) from that post you just put up about high end homes. i just dont know how to thank you for all of the wisdom and advice you have given me without even knowing it. i am new to all of this, have read profit from re right now and am learning a lot from the site. i dont even have to really ask questions just surf around and find the answer that i need, which usually comes from you or cbr or sully or a few others, you guys are great. thanks again, you all have a wonderful christmas and i look forward to doing bisiness with you in the future. sincerely, chris-cbproperties

Thanks Elena

Thanks for the great tips. I will look for quality luxury short sales soon. Enjoy the holidays and Merry Christmas my friend! Merry Christmas to all of the DG Family!



This train, Dreams will not be thwarted
This train, Faith will be rewarded
Big wheel roll through fields where sunlight streams
Meet me in the Land Of Hope And Dreams

Bruce Springsteen


Thanks for the great tips and information on the high end luxury homes. 2010 is going to be a great year for all! Merry Christmas and Happy New Year! Your friends, - Joe & Stacey


YOU TUBE CHANNEL - Follow me on my You Tube Channel at Joe Jurek Real Estate Investing Adventures

TWITTER - Follow me on Twitter at Joe Jurek CPA
Joe Jurek CPA

Thanks For The Info

Thanks Elena the information that you gave was a real eye opener. I'm going to check the luxury homes that's headed down hill here in Greenville, SC and see what I can do. Thanks Again, and Merry Christmas.


Antoine Paden


Have you done any of this deals yet?


Commit to the Lord whatever you do, and your plans will succeed.

Prov. 16:3

"I am talented. I am creative. I am greatley favor by God. I am equipped. I am
well able. I will see my dreams come to pass."

Joel Austin

On a short sale, will a bank

On a short sale, will a bank allow a purchase option with you? And if they do, will they also let you do an assignment of Contract?


Luxury Homes

Will these homes be listed along with the rest of the foreclosures, pre foreclosures or is there a special place to find them? Anyone know the answer>?

Lux homes

Hi Elena,

My RE agent sent me the mls on a couple of properties that are high end homes.
They are beautiful homes that people just could not afford. Now they are possible short sales. I would love to find a buyer for them......know of a buyer or buyers? If so my email is aeinvestors4410@****. Me and my fiance are newbies and would love to do one of these high end deals.

Thank you for the info,
Andrea and Evan


Merry Christmas to all!!! Oh, and a happy new year!

Great Heads-up!

Thank you.... Happy Holidays!!!

Thank you Elena!

Thanks alot for the tip. Merry Christmas and Happy New Year.

This is significant info that will make a difference

Thanks so much, Elena. This is really significant info that will definately make a difference for me. I'm new, but geared up for a very good 2010...and I was wondering the very same thing. I was focusing on "ugly houses" but the huge inventory of the high-end homes had caught my eye. Thanks for this very valuable piece of info!

Best regards,


Thanks Elena

Thanks for sharing the info.


"If you cannot do great things, do small things in a great way.”
Napoleon Hill quote

Thanks for That

Hi Elena,

Thanks for the Christmas Present you gave me I appreciate that. These type of presents give us the confidence to go after any type of property that hits the market.!! Enjoy the rest of your holidays.

Best Regards,


"People Build People"

Thanks for That

Hi Elena,

Thanks for the Christmas Present you gave me I appreciate that. These type of presents give us the confidence to go after any type of property that hits the market.!! Enjoy the rest of your holidays.

Best Regards,


"People Build People"

Christmas Gift

Merry Christmas and Happy New year to all!!

My News Years Resolution:
Know the market cycle in the area I am investing.
Always remember the law of supply and demand.
Realize it is never EASY to buy and sell at the same time.(Except in an up market it becomes easier)
Always have and adjust my exit strategy accordingly.

Know the market trends in the area I am investing.
What price range is selling the quickest?
What area is having the highest sales?
What price range is not selling?
Always have and adjust my exit strategy accordingly.

These things I have learned from Dean and the academy and I will keep this resolution for 2010.

Happy Holidays to all!!


Knowledge is power, but execution trumps knowledge. Tony Robbins Seller site Buyer site Bird Dog Site Tenant/Buyer site

Million dollar homes

Thanks for the heads up on these homes. We are seeing an incresase of REO appraisals on the highend homes of late. I will start looking at the preforclosures in the high end neighborhoods.

Hope every one has a safe & Happy New Year!

High end Short Sales

I hope you had a very nice Christmas. I was wndering how you get a contract signed for the short sale with none of your own $ or credit. my experience has been that you need to show proof of funds for a bank to want to take an offer. What is the procedure that you use to make a deal like this transpire. I have recently been introdused to an area with many high end properties. I would love to cash in for 2010. Thank you!!!
Lets all have a wonerful PROSPEROUS NEW YEAR!! S*



Thank you for valuable info!


Thank you for the great tip!
I hope all DG family member have a very happy new year!!!


Whether You Think You Can or Can't, You Are Right
~ Henry Ford ~

Thank you

I appreciate the advise. Looking foward to a profitable new year.
Happy New Year!

D&G Properties Ltd

Thank you Elena

Great information to start the new year.


"Don't compare your life with others. You have no idea what you are getting into."
"No compares tu vida con otros. No tienes ni idea de lo que se trata tu travesía."




I got to read the the books!!!

I got the books a week ago and haven't had a chance to read them as yet, but after reading the letters from Elena, I am going to sit down and complete the reading prosess starting right now, I'm excited and feel that I can do this as good as anybody, wish me luck, and everyone HAVE A GREAT YEAR....Jim


Sorry I haven't been on here since my last post. I was in Tucson visiting my lovely daughter and my adorable grandson for Christmas. He's gotten so big since my last visit. He's crawling, standing and getting ready to take those first steps! My goodness, where does the time go?
I'm glad you enjoyed your Christmas present from me. I just really wanted to give you some insight and show you that you can do this with luxury homes as well as ugly houses.
As we come closer to the end of 2009 I hope that you're filled with excitement for the endless possibilities that are waiting for you in 2010. Stay the distance, stay on track, don't let nay sayers steal your dream and you WILL achieve it in 2010!

Happy New Year Family!!


Cool Elena Cool
Psalms 118:23 "This is the LORD's doing; it is marvelous in our eyes."

To all of you investors

I wish you all a very prosperous New Year! Once the holidays are over, there will be deals out there, so get ready. Be careful and have a safe New Year Eve.


If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125

Great info!

I was just at my first REI meeting and one of the members was saying the same thing about high-end properties. He mentioned the fact that the paperwork and the process for doing a short sale is the same for a $1 mil home as it is for a $100k home but the profit margin is the biggest difference ($20k - $200k). Makes sense to go after the big fish and see what you can catch!
Good luck to all in the new year!



Rick Merritt
Trident Realty, LLC

Weak is he who permits his thoughts to control his actions; Strong is he who forces his actions to control his thoughts. --Og Mandino

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Merry Christmas

Happy Holidays

Dont forget to buy Deans books!!


Mike Free tools

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