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The Complete Guide to Locating, Negotiating, and Buying Real Estate Foreclosures: What Smart Investors Need to Know - Explained Simply

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MSRP: $24.95
Your Price: $16.47
Savings: $ 8.48 ( 34% )
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Manufacturer: Atlantic Publishing Company (FL)
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Related The Complete Guide to Locating, Negotiating, and Buying Real Estate Foreclosures: What Smart Investors Need to Know - Explained Simply Products
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Buying Complete to The Locating, Estate Real Foreclosures: Simply Know - Guide Explained and Investors Negotiating, Need Smart What to Estate and Foreclosures: - Guide Investors to Need Smart Negotiating, Simply The to What Locating, Complete Know Explained Buying Real Real Know Investors Negotiating, Need Foreclosures: - Locating, Simply to Complete Explained Estate What and Smart The Guide to Buying Buying Simply Locating, Know and Smart Explained - Real Need Estate Complete The Negotiating, Foreclosures: to to Guide What Investors and Guide Real Smart Complete Estate Buying The Negotiating, Explained - to Need Simply What Know Foreclosures: Locating, to Investors
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Additional The Complete Guide to Locating, Negotiating, and Buying Real Estate Foreclosures: What Smart Investors Need to Know - Explained Simply Information
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In every hour of each day, savvy real estate investors are accumulating vast fortunes buying foreclosed homes at bank foreclosures, pre-foreclosures, and foreclosure auctions. Recent research indicates that more than 1 percent of ALL residential property in the United States today is already in; or facing foreclosure soon.. In April 2006 RealtyTracTM , the leading online marketplace for foreclosure properties, released its 2006 Q1 U.S. Foreclosure Market Report, which showed that 323,102 properties nationwide entered some stage of foreclosure in the first quarter of 2006, a 38 percent increase from the previous quarter and a 72 percent year-over-year increase from the first quarter of 2005. The nation s quarterly foreclosure rate of one new foreclosure for every 358 U.S. households was higher than in any quarter of last year. There is an estimated 1 million plus homes being foreclosed on. Armed with the right knowledge and tactics, opportunities for buying low-cost real estate foreclosures are plentiful. There are a lot of things you need to know before you get started. You need to understand how the foreclosure process works, what the borrower is going through, and the lenders role. You will be taught everything you need to know to locate and purchase real estate bargains from banks, public auctions, and other sources. Whether you are a first-time homeowner or an experienced property investor, this is a tremendous guide for buying pre-foreclosed homes in any market. You will learn the simple formula (developed from real-life experience) that can build massive wealth through real estate foreclosures. You will learn how to: negotiate with homeowners in distress, prepare contracts and paperwork, determine the true market value of the property, creative techniques to finance properties, learn how to flip the property, locate one-of-a-kind properties, negotiate with sellers, research, auctions, estimate repair costs, eliminate, obtain REO, use online resources, look up owners contact information, communicate with property owners, write ads, how to receive pre-foreclosure information, options, and more. This brand new book is the resource for novices and pros alike; it will guide you through every step of the process including finding properties, negotiating, and closing on your first deal. This new exhaustively researched book will arm you with hundreds of innovative ideas that you can put to use right away. This book gives you the proven strategies, innovative ideas, and case studies from experts to help you get more with less time and effort.
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What Customers Say About The Complete Guide to Locating, Negotiating, and Buying Real Estate Foreclosures: What Smart Investors Need to Know - Explained Simply:
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I would have liked a little more detail, thus the 4 stars. It's a very easy read and will save you a lot of up front time and money. I have not purchased a Forclosure yet, but I'm interested in the process. This is a great book to learn about the process at a high level, as well as get refernce website links for continued research.
Introducing readers to the different types of procedings involved in the pre through post foreclosure process and how one can score deals and profits any time in the process, i love how we are constantly reminded that we are making profits based on other people's misfortunes. To the experienced real estate investor, a lot of the ideas in this book are already familiar and redundant but overall I am pleased with this book. Good luck, fellow real estate investors and happy hunting. Very to the point and 100% true.If your interested in learning about or new to foreclosures and looking to capitilize on the coming tide, or should i say TSUNAMI of foreclosure opportunities, this book is a MUST READ and a perfect place to build a foundation. It is by all means, not an "explain it all book" on foreclosures.But like what most previous reviews have already stated, a great book tostart. The author's writing style is very easy to read & understandand just as his title reads "explained simply".
I would recommend The Pre-Foreclosure Property Investor's Kit: How to Make M Buying Distressed Real Estate -- Before the Public Auction. I recommend this book to people doing research on the topic or someone who just wants a general overview on the subject. What I mean is that, you will rarely read about the author's first hand experience with foreclosure. The problem that I had with this book was that the author just presented the information but really didn't give a formula on how to buy foreclosures. Don't get me wrong, the information presented in this book was great and accurate. This was my first foreclosure real estate book I've purchased.
It has no soul or spirit behind it. If you want a "how to book" this book may not be the answer for you. This book is more of an overview of the topic. But it lacks the entrepreneurial spirit found on RE books. It left it up to the reader on how to go about it. This book feels like reading a college text book.
To tell you the truth, this book feels like a research paper or an article written by a college professor who has no real world first hand experience in the subject.
It also contains concise explanations of different types of "legalese" and gives you places to look. this book is a helpful guide. Overall, a good place to start. In digging into this book, the author continually quoted other books. That annoyed me quite a bit and kept me asking, "Why didn't I buy the other book." If you're starting off at "ground zero" and know nothing about mortgages, etc.
While this book is primarily for investors, buyers looking for a home of their own will find this book filled with useful information. If you hesitated about getting into real estate investing during the real estate housing boom, the new boom - the one in foreclosures - may be your chance to build wealth by buying forclosed real estate.This book is not for everyone. This method is no fly-by-night strategy and not everyone who would be able to invest successfully.
If your plan is to buy foreclosed homes with no money down, no assets and no risk, then look somewhere else - an good luck to you. But, if you are looking for a levelheaded approach to real estate investing in the current market, this approach is a winner. That attitude is what makes this book superior to most. Investors will also find the real estate dictionary and extensive list of references extremely helpful if they plan (and they should) to continue to learn about investing as the foreclosure market changes.The authors do not pretend that making money by buying and selling or renting-out foreclosures is easy and they caution that in real estate investing, money can be made, or it can be lost.
Those who are able to take advantage of the foreclosure niche in the current buyer's market can create for themselves a life making income as a real estate investor. Too many buyers, frightened by the headlines, are not taking advantage of a once-in-a-lifetime buyer's market to buy their own home. As a licensed real estate agent for eight years, I have seen people try to get rich quick using various schemes they have heard about on television or read about in books - with little success. Foreclosed homes can be found at bargain prices and home buyers can use these same procedures to find the home of their dreams.
The are even chapters on how to rent your new property, if you choose to do so. Investors need - at the very least - good credit, some ready cash and a willingness to work hard and stick to the plan. The authors wrote this book for the brand-new investor, including not only basic information on how to choose and invest in foreclosures, but current information on where and how to find and choose foreclosure properties, current real- estate and foreclosure laws from state-to-state and detailed information on what to expect during every step of the process.
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