The Complete Guide to Locating, Negotiating, and Buying Real Estate Foreclosures: What Smart Investors Need to Know – Explained Simply
Product Description
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… More >>
Tagged with: Buying • Complete • Estate • Explained • Foreclosures • Guide • Investor's • Know • Locating • Need • Negotiating • Real • Simply • Smart
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The Complete Guide to Locating, Negotiating, and Buying Real Estate Foreclosures by Frankie Orlando and Marsha Ford offers a straightforward and simple explanation of the complex foreclosure investment market. Unlike get-rich-quick and “pie in the sky” type programs, the authors outline the risks, caveats and hard work needed to profit from resale or simply get a great home deal in the growing foreclosure market.
It includes a fabulous checklist to help you determine if it is the type of investment you would like to be involved in. A variety of subjects are covered including an overview of how foreclosure works, locating properties, obtaining funds and building wealth. Many online links throughout help direct you to information that will be pertinent to your location and there is a complete glossary to help cut through the mystery of those sometimes confusing financial terms.
This book is a great starting point that covers all the bases, and is ideal for those who are interested in investing in foreclosures for profit.
Rating: 5 / 5
Newly released The Complete Guide To Locating, Negotiating and Buying Real Estate Foreclosures, What Smart Investors Need to Know–Explained Simply is the basic text for anyone interested in learning how to enter the market of real estate foreclosures. With foreclosures at an all time high throughout the US, this is a “must read” for the new investor who wants to get in on the action. If your serious about learning the ins and outs of the this market and want to know how to to go about it, this book was written with you in mind.
Comprehensive in nature, each section takes you through the entire process, giving thorough explanations, user friendly definitions and credible resources to get you into the loop. The reader will find everything there is to know about the 1, 2, 3’s of buying foreclosure properties, with step-by-step instructions for Understanding Foreclosures, Locating Properties, Getting Connected, Looking at Details, How to Make it All Work, What to Do Once You Own the Property and best of all Building Wealth Investing in Foreclosures.
Its strength by far is the consistency of information on how to make smart decisions throughout the process. Whether you decide to take the plunge or not, this is recommended reading for anyone planning to enter the real estate market as an investor.
Rating: 5 / 5
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. It’s a very easy read and will save you a lot of up front time and money. I would have liked a little more detail, thus the 4 stars…
Rating: 4 / 5
The Complete Guide to Locating, Negotiating, and Buying Real Estate Foreclosures: What Smart Investors Need to Know – Explained Simply is the best explanation I have read for buying foreclosures in a long time. It starts off in plain English, crunches the numbers for anyone not sure if they can afford it and then gets straight into the how to. While I didn’t take the author’s advice of skipping around it is entirely possible to skip around chapters, reading what’s most interesting first, before coming back thanks to the simply way everything is explained inside. Whether a first time buyer or a long time investor I think anyone would benefit from reading this book.
Rating: 5 / 5
Real estate foreclosures are one of the consequences of the present economy. By the very nature of foreclosures, opportunities are presenting themselves to those that follow the trends in the marketplace. The Complete Guide to Negotiating, Locating and Buying Real Estate Foreclosures is a great step-by-step instruction guide for navigating through the foreclosure market. The Complete Guide not only provides guidance to this sensitive market but also gives examples of real-world situations.
The step-by-step instruction and practical advice educate you on how to understand foreclosures, find properties, evaluate the investment, and uncovering avenues for marketing. You’ll learn how to discover the best deals on foreclosure properties before they go to auction and utilize available data to make the process simple. You’ll also learn the role of the lender in the process as well as guidance as to what to do after the property is purchased.
The business of foreclosure investing can provide a means to a great living. This book is a useful handbook for those interested in investing in real estate, whether you are a novice or a repeat investor in the foreclosure market. You will have access to a plethora of know-how, experience, and years of success. You will learn from people who have invested in this market segment. This book offers more than just ideas; it offers practical advice that works in the real world. What’s more, the publisher is donating a portion of their profits to the Humane Society, on behalf of the passing of their beloved office canine, Bear.
Rating: 5 / 5