Fast-rising default rates and widely available market data have made it easy to become a real estate closer. Here are some essential tips for rookies.

Two years of interest rate hikes and flattening home prices have put the squeeze on homeowners who gorged on debt during the boom. Now they’re struggling to keep up with ballooning payments or, worse, losing their homes to creditors.

In September alone, more than 112,000 U.S. homes fell into foreclosure – a 63 percent jump from September 2005, according to RealtyTrac.

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