Foreclosure Investing For Dummies by Ralph R. Roberts (PDF)

Description

A practical guide that helps you thoroughly research properties, so you know what you’re getting into before you buy or bid on a property With the housing bubble of recent years bursting and interest rates on the rise, there has been an upsurge in the number of foreclosures across the country, creating many opportunities for profit. But investing in real estate foreclosures can be a tough job, especially when a negative stigma is attached. How do you make money while preserving your morals and trust? Foreclosure Investing For Dummies shows you how to invest in foreclosures ethically without being accused of stealing homes from “little old ladies.” When you approach the process in a fair-minded way, presenting homeowners with various options and offering a reasonable price for their home, you can walk away with your integrity intact—and potentially a reasonable profit, too. This step-by-step guide helps you research property, find the best opportunities, purchase foreclosures, and avoid misleading distressed homeowners. If you’re committed to success, dedicated to mutually beneficial solutions, can treat foreclosure investing as business, and you can talk to people, this book is for you, but it doesn’t promise quick profits through minimal work. This book will provide you with invaluable information to become a successful investor, including how to: Identify opportunities and understand risks Obtain information, tools, support, and resources Locate properties prior to foreclosure Assist homeowners through the foreclosure process Acquire properties below market value prior to the auction Buy property at an auction, from lending institutions, and government agencies Repair, renovate, and sell or lease property A hands-on guide with tips and strategies for refinancing your property and maximizing your profits, this book also provides advice on how to assist homeowners, have them work with you, and avoid common mistakes. It even contains an appendix that covers foreclosure rules and regulations. It’s time to go out and make the most of foreclosure investing, and with Foreclosure Investing For Dummies by your side, your hard work and devotion will bring tons of success!

User’s Reviews

Editorial Reviews: From the Inside Flap Covers foreclosure rules and regs for all 50 statesMinimize your risks and maximize your return, while assisting homeownersWant to buy and sell foreclosure properties? This hands-on guide covers all aspects of investing in foreclosures, from identifying potential properties and assessing value to carefully researching and inspecting properties, so you don’t get stuck holding a money pit … or even worse, a worthless piece of paper! Discover how to deal with homeowners in preforeclosure, bid for a property, buy bank-owned properties at well below market value — and ultimately sell for maximum profit. Discover how to: Research property titles, mortgages, and deeds Build a strong investment team Obtain financing Network your way to success Avoid common pitfalls Invest with integrityTHE DUMMIES WAY® Explanations in plain English “Get in, get out” information Icons and other navigational aids Online cheat sheet Top ten lists A dash of humor and funGet smart! @www.dummies.comFind listings of all our booksChoose from many different subject categoriesSign up for eTips at etips.dummies.com From the Back Cover Covers foreclosure rules and regs for all 50 statesMinimize your risks and maximize your return, while assisting homeownersWant to buy and sell foreclosure properties? This hands-on guide covers all aspects of investing in foreclosures, from identifying potential properties and assessing value to carefully researching and inspecting properties, so you don’t get stuck holding a money pit … or even worse, a worthless piece of paper! Discover how to deal with homeowners in preforeclosure, bid for a property, buy bank-owned properties at well below market value — and ultimately sell for maximum profit. Discover how to: Research property titles, mortgages, and deeds Build a strong investment team Obtain financing Network your way to success Avoid common pitfalls Invest with integrityTHE DUMMIES WAY® Explanations in plain English “Get in, get out” information Icons and other navigational aids Online cheat sheet Top ten lists A dash of humor and funGet smart! @www.dummies.comFind listings of all our booksChoose from many different subject categoriesSign up for eTips at etips.dummies.com About the Author 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. Read more

Reviews from Amazon users which were colected at the time this book was published on the website:

⭐Actual text is 20 years old…Talks about myspace, burning CDs and finding a “digital camera with a time stamp” to help you compile “vanilla folders” with information on houses.First three chapters are good overview of foreclosures…though everything can be found for free online.

⭐This book came in excellent condition.

⭐Enjoying it so far. Newbie here so just trying to learn the basics.

⭐Its so much info which is fantastic! Love it

⭐Great book

⭐Great book with real life information. Can’t wait to save up for my next investment

⭐I’ll be on the look out for more books by this author. This one is a concise explanation of foreclosure investing and it doesn’t stray.

⭐Informative book and covers the topic pretty thoroughly.

⭐Book has useful albeit fairly basic / logical information and a lot of it is duplication from what’s already written in the book ‘flipping housing for dummies’. The latter book is more broad based and informative.

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