Hey Everyone! Jenna Lofton here, and I am THRILLED to have you stop by to read my review of Foreclosure Secrets Academy! For those who don't know me, I am Jenna Lofton a certified financial planner, full-time entrepreneur, and investor.
I have a strict policy of NEVER reviewing a product unless I have it first and go through it to determine whether it delivers on its promises. With that out of the way, let's dive into why you're here:
What IS Foreclosure Foreclosure Academy All About?
I got it, so I can show you!
My 20 Second Overview
In the US, 3,000 homes go into foreclosure each day. That's 90,000 people losing their homes every month due to financial hardships caused by situations like pandemics, war, or job loss.
However, you can assist these individuals in reclaiming their money and make a profit of $10,000 to $40,000 for each person you help.
(Yes, really...here's an Attorney's website talking about the same thing).
Typically, the government keeps the remaining money from foreclosed homes, which amounts to $17 billion each month. However, almost 100% of that money is waiting for someone to claim it, if they know how (or have your help).
This allows people to get wealthy by helping others reclaim their money.
The entire process is surprisingly straightforward and works like this:
- Find someone who lost their home
- Call the government office to find out how much money is in the previous owner's name
- Sign a contract
- Transfer the money for a 40% finder's fee.
People gladly pay up to 40% when they receive all the money they lost in their foreclosure. Wouldn't You?
Obviously, you need to learn how it works (which foreclosure academy is perfect for), but with the right process in place, you can make a lot of money helping people reclaim their lost money.
For example: On a $250,000 home, a 40% finder's fee is $100,000 in pure profit.
Foreclosure Academy is a literal treasure map to help people reclaim their money and make a profit while doing so!
Does it REALLY Work?
Certainly, here are just a FEW of the members' success stories from the private members-only Facebook Group!
Let's Look Inside The Members Area!
The members area consists of 2 parts:
- Part 1 is the main foreclosure academy course and consists of 10 sections
- Part 2 delves into your new online business website set up and includes 5 modules.
Both include super detailed videos, STEP-BY-STEP docs that match the video content showing EVERYTHING you need to do, and even a link to the private Facebook group where members can interact with each other and ask questions.
It is a valuable resource for anyone (not just real estate investors) looking to profit from tax sales and mortgage overages, even if you have no prior experience.
Part 1, Foreclosure Secrets (By Foreclosure Academy)
Section 1: Foreclosure Secrets
This is an overview of the entire course and discusses the two types of overages you will be profiting from:
- Tax Sale Overages occur when a county sells a property because the owner hasn't paid their property taxes. For example, if a homeowner owes $15,000 in back taxes and the county sells their property for $75,000, then there's a $60,000 overage. Tax Sale Overages are the most profitable foreclosures, but also the most competitive.
- Mortgage Overages happen when a lending institution or bank sells a property because the owner hasn't paid their mortgage on time. For example, if a homeowner owes $200,000 on their mortgage and the bank sells their property for $250,000, then there's a $50,000 overage. Mortgage Overages are less profitable than Tax Sale Overages but are less competitive.
If the extra money from the sale is not claimed for a certain amount of time, it will go to the state. Not all states have Tax Sale Overages, but most states have Mortgage Overages.
Section 2: Lead Gen Secrets
In this section, you'll learn how to find Tax Sale Overages and Mortgage Overages using different online resources, such as county websites, auction sites, and third-party software.
You'll also be provided with detailed instructions on how to find the necessary information, such as homeowner details, sale dates, and overage amounts.
Section 3: Skip-Tracing Secrets
This section teaches you how to contact the homeowners who are owed overages. You'll learn various methods to get in touch with them, such as phone, email, and direct mail. They also provide you with templates and scripts to make the process even smoother.
In this section, you'll also learn about advanced techniques for locating hard-to-find homeowners who are owed overages.
This includes using skip tracing tools and services, tapping into public records databases, and leveraging social media platforms to find and connect with potential clients.
You'll receive step-by-step guidance on how to use these tools effectively, as well as best practices for approaching homeowners in a respectful and professional manner.
Section 4: Lead Outreach Secrets
Once you've made contact with the homeowners, this section will guide you through the process of negotiating a deal. You'll learn how to effectively communicate with homeowners, present your offer, and sign a contract. They also provide you with sample contracts and negotiation tactics to help you secure the best deal.
Section 5: Overage Paperwork & Attorney
After you've signed a contract with the homeowner, this section will walk you through the process of collecting the overage funds from the government. You'll learn how to submit the necessary paperwork, track the progress of your claim, and eventually transfer the funds to the homeowner (minus your finder's fee, of course!).
Section 6: Outsourcing Secrets
In this section, you'll learn how to scale your business and maximize your profits. You'll be provided with tips and strategies to optimize your workflow, outsource tasks, and generate more leads. This will help you grow your business and increase your income.
To further scale your business, this section will cover the importance of building relationships with key industry players, such as real estate agents, attorneys, and title companies. By cultivating these relationships, you can gain access to valuable leads, resources, and information that can help you stay ahead of the competition and close more deals. You'll learn tips for networking and building rapport with these professionals, as well as strategies for maintaining long-term, mutually beneficial partnerships.
Section 7: Auto Dialer Secrets
his section is all about staying compliant and avoiding legal issues. You'll learn the ins and outs of the laws governing overages and finder's fees, as well as how to protect yourself and your business from potential legal problems.
In this section, you'll also receive guidance on how to structure your business entity for maximum legal protection and tax efficiency.
You'll explore the pros and cons of different business structures, such as sole proprietorships, LLCs, and corporations, and receive expert advice on which structure is best suited for your specific situation.
Additionally, you'll learn about the importance of obtaining necessary licenses and permits, as well as maintaining accurate records and documentation to ensure compliance with all relevant laws and regulations.
Section 8: Business Setup Walkthrough
In this section, you'll discover additional resources and tools to help you succeed in your overages business.
These include software recommendations, templates, and guides to further streamline your operations.
Part 2 Business Setup Walkthrough [Website]
While I won't delve into each section in detail as I did before, I want to assure you that the heart of the foreclosure secrets course lies in its first part, which I went into detail on above.
The modules included within this section are:
- How to install and Setup Xampp
- How to download and Install WordPress
- How to install plugins and activate the theme
- How to customize the theme
- How to Move WordPress from Local Server to Live Website
These modules provide step-by-step guidance on installing and setting up Xampp, downloading and installing WordPress, installing plugins and activating the theme, customizing the theme, and moving WordPress from a local server to a live website.
Foreclosure Secrets Academy Bonuses
As a Foreclosure Secrets Academy member, you also receive several valuable bonuses, such as:
- Private Members-Only Facebook Group: This is an exclusive community where you can connect with other members, ask questions, and share your experiences. The group is a great place to network, learn from others, and stay motivated on your journey.
- Access to Exclusive Webinars: As a member, you'll receive invitations to exclusive webinars where you can learn even more about the overages business and stay updated on industry news and trends. The training covers various aspects such as Tax Leads Outreach, CRM Insight, Role-Playing sessions with Q&A, and Googling Leads. The course also focuses on the Foundations of Overage Business, emphasizing Emotional Resiliency, Growth vs Fixed Mindset, Self-Discipline, and Unwavering Purpose. Participants can engage in weekly Leadership & Mindset Calls to enhance their skills and mindset. The training provides valuable knowledge and support for individuals interested in the foreclosure industry.
- And More...
My Final Thoughts: Is Foreclosure Secrets Academy Worth It?
Pros & Cons
Pros
Cons
Absolutely! I genuinely believe that Foreclosure Secrets Academy is one of the best investment opportunities available today. The comprehensive training, step-by-step guidance, and valuable resources make it easy for anyone to succeed in the overages business, even if you have no prior experience.
Not only does this program offer a unique and highly profitable business model, but it also allows you to help people recover their lost money. This is a win-win situation for both you and the homeowners you assist.
The support and resources provided by the Foreclosure Secrets Academy team, coupled with the private Facebook group and one-on-one coaching, make this a truly exceptional program. I highly recommend it to anyone looking to start a profitable and fulfilling business in the real estate industry.
So, if you're ready to take the plunge and start making money by helping people reclaim their lost money, join Foreclosure Secrets Academy now!
I hope this review has been helpful and provided you with the information you need to make an informed decision. If you have any questions, please don't hesitate to reach out. I'm always here to help!
Wishing you success,
Jenna Lofton
I get a small commission if you purchase via my link above at no cost to you. If you have the sales page already open, kindly close it and use my link above- it helps me pay the bills and take care of my wife and kids! 🙏
