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Buying Real Estate Foreclosures by Melissa S. Kollen

  • 890 Want to read
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  • 77 Currently reading

Published by McGraw-Hill Trade .
Written in English

Subjects:

  • Economics,
  • Property & real estate,
  • Real Estate - Investments,
  • Business / Economics / Finance,
  • Business/Economics

Book details:

The Physical Object
FormatPaperback
Number of Pages224
ID Numbers
Open LibraryOL9250156M
ISBN 100070358184
ISBN 109780070358188
OCLC/WorldCa24010857

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  Real estate foreclosures are rising to record levels and the time to buy is NOW. Anyone can buy foreclosed real estate and make money at it - but only if you know how, and that is what this book shows you. Written in a straightforward manner, with a conversational and friendly tone, the author is right there with you-every step of the way/5(6). Don Ayer has been a real estate broker for more than twenty-five years. He lives in Waukesha, WI. Dick Pas is an attorney, licensed real estate broker, and co-owner and president of Heartland Home Mortgage. He has previously represented the Small Business Administration in bankruptcy and foreclosure matters/5(20). The Complete Guide to Investing in Foreclosures is written to help you identify and take advantage of opportunities while avoiding the pitfalls. Best-selling author Steve Berges gives you: * Secrets for finding great properties before they’re public knowledge * Foolproof strategies for buying properties at all stages of foreclosure/5(18). Real estate investing is all about finding and adding value. What better place to find value than in foreclosures? We will review the best foreclosure investing books because they sell for % below their fair market value, and this extra margin can be the difference between a good and bad deal.

Look for three types of foreclosed homes: pre-foreclosures, foreclosure auctions and bank-owned properties. Unless you’re an expert in real estate law and transactions, it’s a good idea to consult with an attorney and/or real estate agent familiar with foreclosures. Real Estate Deal Analysis and Advice K Posts 21K Discussions; Real Estate Guru, Book & Course Reviews and Discussions 30K Posts K Discussions; Ask About A Real Estate Company 26K Posts K Discussions; Investor Basics. Real Estate Investor Marketing Help & Advice 51K Posts K Discussions; Starting Out K Posts 54K Discussions. Homes on a bank's books are called REOs, which is an acronym for "real estate owned." When banks receive the property deeds to homes through the foreclosure process, it's often because no one showed up on the courthouse steps to bid the minimum amount of the existing mortgage(s) or the bank started the minimum bid so high that nobody would. The pre-foreclosure stage can yield some real bargains, but most experts agree it’s the most difficult stage during which to purchase a distressed home. Be aware that a pre-foreclosure property is not necessarily for sale. The pre-foreclosure stage is the period between the time in which a Notice of Default (in nonjudicial foreclosure) or lis pendens (in judicial foreclosure) has been issued.

  This item: The Complete Guide to Locating, Negotiating, and Buying Real Estate Foreclosures: What Smart by Frankie Orlando Paperback /5(3).   After reading countless books on REO's and foreclosures it seemed like I needed a full team of professionals at the get go, or had to had some type of real estate knowledge in order to make a move with foreclosures. Other books are too mainstream and let me tell you why/5().   The Pre-Foreclosure Real Estate Handbook: Insider Secrets to Locating and Purchasing Pre-Foreclosed Properties in Any Market by Frankie Orlando The Complete Guide to Investing in Foreclosures by. Buying a foreclosed home sounds like a great idea, doesn’t it? Man, think of the deal you can get! Whether you’re a first-time homebuyer or looking to invest in real estate, the idea of buying property at a bargain is extremely tempting. The truth is that there are deals to be found when buying a foreclosed home. But it’s not for the.