How To Buy Pre-Foreclosed Mortgages by Donna Bauer, Nationally Known as "The Note Buyer"

Location: NW corner 13 Mile and Gratiot Ave Your first meeting is always FREE!!! $89 per single annual membership. $119 for a partner annual membership. $15 for a single non-club member meeting.

The REIA of Macomb is the exclusive real estate investing club in Macomb County, Michigan. The Real Estate Investors Association of Macomb has been formed for real estate entrepreneurs and professionals by real estate entrepreneurs in Michigan, with one goal: to bring like minded individuals together, in order to achieve greater real estate goals.

Our organization is open to any and all interested in the world of real estate investing in Michigan. With members ranging from licensed agents and mortgage brokers to commercial investors and first time landlords, we have no doubt that as long as the interest and drive to succeed is there, the REIA of Macomb can help you surpass even your own expectations.

Limited seating is available for fisrt time and pay per meeting guests. If you have already attended an event but have not yet joined, why wait, JOIN TODAY.

Our meetings occur the last Thursday of each month. The venue is Best Western Georgian Inn, located at 31327 Gratiot, in Roseville

The main meeting begins promptly at 7:00 PM, but doors open at 6:00 for early networking. Each meeting has one main speaker. There will also be an opportunity after our guest speaks, for anyone to either ask a question or offer a service.

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Donna Bauer, nationally known as The NoteBuyer?, began buying discounted notes twenty years ago while raising four young boys. A typical soccer mom, she needed a way to support her family while managing busy household. Donna was elated to more than $5,000 on her first deal. It seemed like all the money in the world compared to the $1 an hour she earned babysitting. Today, Donna is the nation?s most recognized authority on note buying, short sales, and the booming pre-foreclosure market. Donna?s exclusive strategies have produced stunning results for thousands of investors regardless of economic conditions. She is founder and president of The NoteBuyer, Inc., which invests in notes and pre-foreclosures throughout the country and offers investors a wide range of educational resources.

What can you do using Donna Bauer?s proven strategies? Put $10,000 or more in your pocket in the next 30 to 60 days. Use your IRA to build incredible wealth tax free starting with as little as $100. Enjoy all the security and high rates of return of real estate investing without the headaches of landlording. Immediately start acquiring properties for 40 to 70 cents on the dollar. Make a personal fortune in real estate without owning a single piece of property. It?s no secret that more and more homeowners are having trouble meeting their monthly mortgage payments. I?ve been singing about the booming pre-foreclosure market for some time now, and hundreds of investors have implemented my system on delinquent mortgages, Note Buying?The Ultimate Short Sale, with spectacular results.

The national foreclosure statistics for 2005 are strong indicators of the wealth that awaits investors who understand defaulted notes. According to RealtyTrac?, the number of properties in some stage of foreclosure increased every quarter of 2005 for a year-to-year increase of 25%. The District of Columbia experienced the largest increase (300%), followed by Massachusetts (199%), Connecticut (188%), and Michigan (170%). Even California, with its reputation for wealth and growth, saw an increase of 16%. Will these numbers hold or even increase? It?s quite possible. Ironically, these near-historic levels have come at a time of solid economic growth, low unemployment, rising home prices, and attractive interest rates. If any of these indicators were to turn south, the number of delinquencies would likely increase. Remember that every home in foreclosure represents an opportunity for you to throw a lifesaver to the owner. Distressed homeowners face bankruptcy, deficiency judgments, and ruined credit to say nothing of the loss of their home. Much of this hardship is unnecessary. You can stop the foreclosure and all the grief that goes with it while putting some serious cash in your pocket?a win-win situation if ever there was one.

Why Location Doesn?t Matter Fledgling note buyers often worry that their pocket of the country is too affluent to yield a substantial crop of delinquencies. If there is such an area, I haven?t found it yet. The fact is that homebuyers?and their sales agents?tend to seek the most house obtainable. A lawyer can be just as hard pressed to swing the mortgage payment as a factory worker. In times of rising home prices, buyers who anticipate quick appreciation often resort to risky financing just to get in the house: 100% loan-to-value, interest-only payments, jarring adjustables, etc. Sometimes the gamble pays off with a gratifying jump in home value. And sometimes the market hiccups, leaving the owner with elephantine payments on an over-financed property. As we learned the hard way in the stock market, bubbles are made to burst. Who would?ve thought that Massachusetts?heart of America?s upper class?would be home to the second largest increase in foreclosures? It?s safe to say that these days location doesn?t matter.