The media has done an excellent job in making the process of buying Bank Owned and Foreclosed properties out to be a simple task.  They throw statistics at you that show thousands of properties that can be purchased for far less than they were formerly worth.  While this has some truth to it, the reality is far more complicated.  This market is the land of opportunity for the well informed, and the well represented.  However, it is full of major complications that can cost a buyer thousands of dollars if they are not careful.  It is for this reason that I have developed my Linebacker Real Estate technique, giving my buyers the distinct advantage.  I am a former Linebacker, varsity football Defensive Coordinator, and Linebackers Coach, so this analogy was the best way I could articulate this system.  Let me elaborate; as a Linebacker on the football field your job is to shed the blocks of your opposing teams players so you can make a tackle on the ball carrier.  Good Linebackers are able to shed multiple blocks and make a lot of tackles, some of which are behind the line of scrimmage and resulting in a loss of yardage for the opposing team.  If you apply this same technique to the real estate world you will see the similarities.  The opposing teams blockers are the properties that are for sale with unrealistic prices, unrealistic sellers, unable sellers due to financial duress, short sales, pre-foreclosures, and so on.  The great deals, (or the tackles behind the line of scrimmage), are the ready, willing, and able sellers who are motivated - like Bank Owned properties, concluded Foreclosures.  These are where the big savings are had, if you know how to negotiate with these entities.  They are not normal transactions; they are extremely complicated due to timeframes, disclosure obligations of the seller, title insurance, inspection result negotiation, closing costs, and more.  However, my Linebacker Real Estate technique is battled tested, with insight from Realtors who specialize in listing Bank Owned Properties, Foreclosures, and Auction properties.  I have taken that behind the scenes information and developed a game plan that weeds out the bad properties, (or sheds the blockers), and narrows down the really motivated sellers who want to make a deal.  I then present my offers in such a way to allow for my client to squeeze the maximum they can from the seller, both in the initial offer negotiation, and in the inspections portion of the transaction.  All the while I am hands on with guiding my clients through the sometimes confusing and long process of closing the escrow.  If you would like more information regarding this cutting edge Linebacker Real Estate technique email me at Zack@TheTorreyTeam.com, or visit my website at http://www.thetorreyteam.com/.  Let's get in the game and make some tackles!