Archive for January, 2008

45,166 Homeowners Filed Bankruptcy In The last 30 days

I have some great news for you today.  Over 45,166 homeowners filed bankruptcy to stop their home from going into foreclosure in the last 30 days across the U.S.  And 9,978 more homeowners got kicked out of bankruptcy due to non-performance of their bankruptcy obligations and are now heading toward foreclosure.

How do I know?  Because that’s how many bankruptcy leads were added to: http://www.HotWholesaleProperties.com in the past 30 days alone.  How are these numbers great news for us investors?  Well, that just means lots of opportunity for deep-discount deals, pre-foreclosure deals,subject-to deal, short sale deals, and more. These numbers are increasing monthly and they are the number one reason why many lenders are no longer offering 100% financing to people with less than 620 credit score.  And it’s also the same reason why many sub-prime lenders are out of business.

Here are the top 20 cities with the most bankruptcy filed in the last 30 days. If you invest in one of these cities,that’s excellent news for you.

City - Count - Total Percentage
Atlanta - 2377 - 4.31%
New York City - 2088 - 3.79%
Chicago - 2049 - 3.72%
Detroit - 1994 - 3.62%
Los Angeles - 1842 - 3.34%
Memphis - 1718 - 3.12%
Cleveland - 1440 - 2.61%
Dallas - 1332 - 2.42%
Indianapolis - 1163 - 2.11%
Philadelphia - 1120 - 2.03%
Birmingham - 1024 - 1.86%
St Louis - 983 - 1.78%
Nashvillle - 856 - 1.55%
Denver - 832 - 1.51%
Tampa - 818 - 1.48%
Miami - 655 - 1.19%
Houston - 635 - 1.15%
Milwaukee - 628 - 1.14%
Columbus - 622 - 1.13%
Las Vegas - 610 - 1.11%

Boy…Atlanta, NYC, and Chicago are gold mines.  And look, both Dallas and Houston are on this list.  I love investing in this market :)  Anyways, go here to get instant access to all these leads.

http://www.hotwholesaleproperties.com

To view other bankruptcy leads, pre-preforeclosure leads, motivated seller leads, and wholesale deals, just go here:
http://www.HotWholesaleProperties.com

P.S. http://www.HotWholesaleProperties.com had arranged for everyone on my list to get a FREE 30-day Trial and some bonuses if you just use this link: http://www.HotWholesaleProperties.com

To your success!
Jeff Adams