Articles About Real Estate Broker

National Club of Real Estate Investors Expands its Curriculum to Address the Increasing Number of Foreclosures in California

Encino, CA (PRWEB) November 3, 2007 -- The National Club of Real Estate Investors (NCREI) announced today that it has increased its short sale and foreclosure bootcamp curriculum from 2 to 3 days, in an effort to help students fully understand how to address the declining market.

"There is a lot more to know as an investor today," said Sam Sadat, Founder of the group. "The market is changing, and our students are going to be amongst the few that are prepared to profit at this time."

The NCREI is an educational institution based in Los Angeles, California which not only teaches investors how to profit in the real estate market, but also mentors its students through difficult times, such as the slump the real estate market is experiencing now.

One of the more unique features of this club is its focus on the California market. Most other instructors talk generally about handling foreclosures, but this group is focused on the more stringent regulations imposed in California.

John Brooks, Vice-President of the NCREI, focuses a large portion of his time in the area of legal compliance. "The laws of the state require much more specific performance by investors. While some of the points may seem small, failure to do so could result in enormous fines and transactions being overturned and even time in prison."

One example is the handling of the deed. Many real estate gurus who teach foreclosures and short sales tell their students to get the deed when first negotiating with homeowners. "That is against California law," indicates Brooks. "California requires that the homeowner be given 5 days to cancel the transaction." There are even more specific requirements, such as the size of the fonts used in the documents so that distressed homeowners are not misled.

"In times like these, people need help," continued Sadat. "For the investors, we teach them how to run their businesses successfully. Most importantly, we teach them how to help homeowners who have found themselves in difficult situations. We are educating others in how to create win-win situations."

With the recent collapse of the sub-prime mortgage industry, the services of the NCREI are even more in demand. Investors will find lots of additional resources by joining the NCREI, including networking, financing, and continued education.

"Education is power," said Sadat. "We are working hard to empower our students, and we are building a strong, cohesive, and happy team. It's extremely rewarding."

More information about NCREI can be found at www.ncrei.com or by calling 818-905-6105.

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