by Melissa S. Kollen-Rice
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| List Price: | $16.95 |
| Amazon Price: | $16.95 & eligible for FREE Super Saver Shipping on orders over $25. |
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Product Description
"... want to buy a house or other real estate below market value? If so, read this book."--Robert J. Bruss, syndicated real estate columnist Home foreclosures are at a ten-year high, and this new edition of Melissa Kollen-Rice's bestselling guide fills readers in on everything they need to know to find and finance real estate bargains from banks, S&Ls, public auctions, government agencies, and other sources. Packed with worksheets, checklists, and contact directories, Buying Real Estate Foreclosures is the resource for novices and pros alike. This fully revised and updated edition features: - Guidance on pitfalls, hidden costs, sources of foreclosure lists, and creative financing strategies
- Valuable sample forms and documents
- A new chapter--"What the banks don't want you to know: why are they so motivated to sell?"
- New strategies to help investors cut through the red tape
- In-depth discussions of the benefits and risks of all types of financing
- A completely updated pre-bid checklist
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Average Customer Review:
1 of 1 people found the following review helpful:
 Good book for a beginner with questions, 2008-12-14
With foreclosures, it seems, on every street of the nation, now may be a good time to start shopping for a home through a foreclosure.
This book explains all the basics, such as the types of foreclosures available, and the way to buy foreclosures. Some homes are available at auction, some from banks, and some from government agencies. It is possible to finance a foreclosure with a traditional real estate loan, but the author also explains how to use various more creative means of financing.. There are a great many forms, charts, and check lists for the first time buyer.
Altogether, a good overview for a beginner.
1 of 0 people found the following review helpful:
I don't know what I don't know yet., 2007-08-12
Although I have my Florida Real Estate License (which needs to be updated), I've never bought or sold investment properties or any other type of Real Estate. My original plan was to sale Time Share, but 911 TKO'd my plans. Since I've never bought an investment property, I confess that I don't know what I don't know, so read this review with caution. While a lot of reviews warned against it, I bought this book and read it anyway and I thought it was a pretty good read. Granted it's the first book I've ever read concerning the subject of foreclosures. With that said, I thought the information related to the choosing, vetting and paying of contractors was informative and the sections on financing were enlightening. I'm not saying this book is the bible of foreclosures, but I think it's a good place to start your research. I gave it four stars because it's a fast and easy, to the point read, that's chalked full of information.
0 of 1 people found the following review helpful:
 Ok f or a place to start, 2007-06-19
Was very basic and general, but a good overall summary of the process. If your looking for more info than that I would suggest finding a more extensive book. Ended up w/ idiot's guide and now have much more of the info I needed.
1 of 1 people found the following review helpful:
Really Good Read, 2007-05-03
Excellent book! I book is full of very useful information. Everyone can can find several useful items in this book, no matter how much knowledge you have.
1 of 1 people found the following review helpful:
Good financing chapter, 2007-02-05
This book has excellent chapters on how to finance your investments in foreclosures or bank-owned properties. Other information is relatively okay, but the finance information is important and gives people the hope that you don't really need to have the capital immediately to purchase something at a discount.
With the current real estate cycle, foreclosures are truly increasing tenfold and if you are just starting out in real estate, this is one of those opportunities that you simply cannot ignore. Invest now to make your move, an investment in this book and other foreclosure books can not only help you be smarter, but may make you richer.
-Matt
Illustrator for the Ultimate Foreclosure Kit
(ISBN 0978834658)
Price is accurate as of the date/time indicated. Prices and product availability are subject to change. Any price displayed on the Amazon website at the time of purchase will govern the sale of this product.
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