Archive for the ‘John Beck’ Category

John Beck’s Free & Clear Real Estate System – Scam or Plan?

Tuesday, April 7th, 2009

Some believe that John Beck’s system works for buying cheap tax foreclosure properties, while others think it’s a John Beck scam. The “Flip Homes for Cash” infomercial program is hosted by Michelle Boudreau and talks about buying homes for just “pennies on the dollar”. This is of course revealed through the real estate secret’s in “John Beck’s Free and Clear Real Estate System” a series of guides, DVD’s and CD’s. The strategies that John Beck’s product outline are special strategies most people don’t know about that take advantage of the current real estate market. According to the infomercial, John’s strategies apply not just to homes, but all types of real estate such as condos, apartments, duplexes and time shares. People who buy the system can supposedly buy properties for just hundreds of dollars, without monthly mortgage payments, then turn around to either rent or sell the properties at a profit.

The infomercial shows various homes and real estate properties that they claim were purchased for ownership for just a few hundred dollars with no monthly payments. Various residences include a small one level house bought for $258.52 and another for just $187.24. Some of he customers who bought into the system tell their success stories. The creator John Beck takes host Michelle Boudreau on a tour of some of he properties that were snatched up for just hundreds of dollars. The creator of the program claims that recently over 2.2 million of the special properties have become available for purchase, meaning everyone can profit from his system.


Creator:
John Beck is the creator of the “Free & Clear Real Estate System”. Beck is a California attorney and author of books such as “The Complete Guide to Real Estate Foreclosure Super Bargains in California” and “The Forced Sale Workbook” The infomercial names him as “America’s Top Tax Foreclosure Expert” who has become a millionaire using the tax foreclosure purchasing method. According to his website’s bio John Beck holds M.B.A.’s in both Taxation and Real Estate and has taught various real estate subjects at the collegiate level. He’s also used his own methods to buy tax lien certificates in states such as Arizona, Florida, Michigan and Texas. He conducts frequent real estate seminars in California and has penned numerous real estate articles for various publications.

What’s included:

Quick Start DVD
Buying Free & Clear Properties by Mail
Making Money with Free & Clear Properties on the Internet
North American Tax Sale Directory
Real Estate for Pennies on the Dollar – Tax Lien Edition
Real Estate for Pennies on the Dollar – Tax Deed Edition

Beck also promises viewers lists of the available tax foreclosure properties in their area.

How it works: According to Mr. Beck, the homes referenced in the infomercial came from special government-backed tax sale foreclosure programs that the average person isn’t aware of. The homes are purchased through a special program known as government tax lien foreclosure process, where homes which had delinquent property taxes on them were seized. Since cities and towns depend on tax money they created foreclosure programs. Mr. Beck states in the infomercial that the government’s right to collect property tax almost always comes before the banks’ rights for mortgages or loan collection. This gives the towns and cities the right to auction off properties free and clear of any previous money owed on the properties to anyone willing to come in and pay off the back taxes.

Typical cost: The infomercial cites a cost of $39.95 plus shipping and handling with a money back guarantee. The infomercial guarantees you’ll find your first property in less than 30 days. The infomercial also states the first 250 people to call and order receive a free membership into John Beck’s Property Vault. Order number: 1-800-936-9902 / Official site: johnbeck.net

Note: this website does not work for or as an affiliate with the John Beck program. Readers are at their own risk when purchasing this product.

More Financial Infomercial Products:

Michelle Boudreau’s Debt Rescue Program

Dean Graziosi’s Real Estate Foreclosure Profits

Jeff Paul Shortcuts to Internet Millions