With the housing bubble of the past few years bursting and interestrates on the rise, there has been an upsurge in the number offoreclosures across the country, creating many opportunities forprofit. But investing in real estate foreclosure[s?] can be a toughjob, especially when a negative stigma is attached. How do you makemoney while preserving your morals and trust?
Foreclosure Investing For Dummies shows you how to investin foreclosures ethically without being accused of stealing homesfrom ‘little old ladies.’ This step-by-step guide helpsyou thoroughly research property, find the best opportunities, purchase foreclosures, and avoid misleading distressed homeowners.This book doesn’t promise quick profits through minimal work, but it will provide you with invaluable information to become asuccessful investor, including:
* Identifying opportunities and understanding risks
* Obtaining information, tools, support, and resources
* Locating properties prior to foreclosure
* Assisting homeowners through the foreclosure process
* Acquiring properties below market value prior to theauction
* Buying property at an auction, from lending institutions, andgovernment agencies
* Repairing, renovating, and selling or leasing property
This book provides tips and strategies for refinancing yourproperty and maximizing your profits. It also gives you advice onhow to assist homeowners, have them work with you, and commonmistakes you should avoid. It’s time to go out and make themost of foreclosure investing, and with Foreclosure Investing For Dummies by your side, your hard work and devotion willbring tons of success!
Jadual kandungan
Introduction.
Part I: Prepping Yourself for Foreclosure Success.
Chapter 1: Wrapping Your Brain around Foreclosure Investing.
Chapter 2: Getting Up to Speed on the Foreclosure Process.
Chapter 3: Picking Your Point of Entry in the Foreclosure Process.
Part II: Laying the Groundwork for Maximized Profit and Minimized Risk.
Chapter 4: Building a Powerful Foreclosure Investment Team.
Chapter 5: Filling Your Foreclosure Tank with Financial Fuel.
Chapter 6: Networking Your Way to Foreclosure Success.
Part III: Creating Win-Win Situations in Pre-Foreclosure(Prior to Auction).
Chapter 7: Discovering Homeowners Facing Foreclosure.
Chapter 8: Building a Property Dossier.
Chapter 9: Contacting the Homeowners and Lenders.
Chapter 10: Analyzing the Deal and Presenting Your Offer.
Part IV: Finding and Buying Foreclosure and Bankruptcy Properties.
Chapter 11: Bidding for Properties at a Foreclosure Sale.
Chapter 12: Buying Repos: Bank Foreclosures and REOProperties.
Chapter 13: Finding and Buying Government Repos.
Chapter 14: Banking on Bankruptcies.
Chapter 15: Sampling Some Other Foreclosure Strategies.
Part V: Cashing Out Your Profit . . . after the Sale.
Chapter 16: Assisting the Previous Homeowners Out the Door.
Chapter 17: Repairing and Renovating Your Investment Property.
Chapter 18: Cashing Out: Selling or Leasing Your Property.
Chapter 19: Checking Out Other Cash-Out Strategies.
Part VI: The Part of Tens.
Chapter 20: Ten Common Beginner Blunders.
Chapter 21: Ten Ways to Maximize Future Leads by Acting with Integrity.
Chapter 22: Ten Tips for Avoiding Common Foreclosure Minefields.
Appendix: Foreclosure Rules and Regulations for the 50States.
Index.
Mengenai Pengarang
Ralph R. Roberts is a seasoned real estate professional and foreclosure expert who buys, rehabs, and resells homes.
Joe Kraynak is the author of more than fifty books, including Flipping Houses For Dummies.