Guidant Financial Group Survey Indicates More Than a Third of Investors Eying Self-Directed IRAs See Foreclosures as Viable Investment Opportunity

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The ability to access IRA monies to purchase foreclosed homes or offer private loans when credit is tight puts self-directed IRA holders ahead of the game. In fact, Guidant Financial Group of Bellevue, Wash., reports that more than 35 percent of survey respondents considering self-directed investing are eyeing foreclosures and pre-foreclosure investments.

For many, the statistics look dismal: two million adjustable rate mortgages are scheduled to adjust upwards this year, the Pending Home Sales Index shows home sales will likely continue to decline, and the number of foreclosures hit a record high for the third consecutive quarter. For many holding self-directed IRAs, however, these stats represent significant investment opportunities.

The solid benefits of a self-directed IRA are coming to light as reports of declining home sales and increasing foreclosures spell a strong buyers' market in the coming months. Those who can secure buying capital the quickest are in the best position to take advantage of homes priced for rapid sale. The ability to access IRA monies to purchase foreclosed homes or offer private loans when credit is tight puts self-directed IRA holders ahead of the game. In fact, Guidant Financial Group of Bellevue, Wash., reports that more than 35 percent of survey respondents considering self-directed investing are eyeing foreclosures and pre-foreclosure investments.

Though not common knowledge for most investors, self-directed IRAs have been around since 1974. During the last few years, however, they have gained significantly in popularity as individuals search for more secure and lucrative investments outside the stock market.

Self-directed IRAs allow for investments in a near-endless list of opportunities both in and out of the stock market. Real estate (commercial, residential, raw land), foreclosures, private loans and tax liens are among the most popular. A select number of self-directed IRA accounts provide the additional benefit of "checkbook control," meaning the ability to write physical, paper checks for investments, instead of having to apply for custodian approval and wait for a third-party transfer of funds.

Guidant Financial Group, a leading provider of self-directed IRA services, helps its clients create checkbook-controlled retirement accounts that enable them to move from one investment to another instantaneously. For those with an entrepreneurial spirit, Guidant offers structures allowing the investment of IRA funds into a business or franchise purchase.

"These truly self-directed accounts always provide more flexibility in investment options, but they stand out particularly in times like these," says David Nilssen, president and CEO of Guidant. "Because of the checkbook control our accounts offer, clients can easily move their funds from stocks and bonds to private loans, the purchase of a foreclosed property, or other investment opportunity as it arises. Our clients can take advantage of virtually any market trend.

"It is hard to say if we will ever see the kind of real estate craze we have seen in past years," he adds. "But as with any buyers' market, the possibility of making a large profit is evident."

About Guidant Financial Group
Guidant Financial Group is the premier provider of self-directed IRAs and business-funding solutions through IRAs and 401(k)s. Guidant's services allow investors the freedom to make investments in real estate, franchises, businesses, tax liens and more by accessing their retirement accounts without penalty before retirement age. For more information on Self-directed IRAs or Business Financing, please visit http://www.guidantfinancial.com.

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Katie Lawrence
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