"Foreclosure Investing For Dummies", by Ralph R. Roberts with Joe Kraynak, authors of "Flipping Houses For Dummies", bills itself as "A Reference for the Rest of Us!" providing step-by-step instructions on how to make smart, informed investments in floreclosures, including buy and sell foreclosure, preforeclosure and bank-owned properties.
This book provides explanations, often humorous and fun, in plain English for "getting in and getting out", along with tear out cheat sheets and top ten lists. It also summarizes foreclosure rules and regulations in all 50 states, as well as providing contact information for realtors who have contributed information for their respective states. (In the interest of full disclosure, I am listed as a Realtor contributor for New Jersey, being located in South Jersey; the other contributor is located in North Jersey.)
You will discover how to: research property titles, mortgages and deeds; build a strong investment team, obtain financing, network your way to success; avoid common pitfalls and invest with integrity.
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...and ultimately sell for maximum profit."
It's 22 chapters plus appendix and index are grouped as follows:
Introduction
Prepping Yourself for Foreclosure Success
Laying the Groundwork for Maximized Profit and Minimized Risk
Creating Win-Win Situations in Pre-Foreclosure (Prior to Auction)
Finding and Buying Foreclosure and Bankruptcy Properties
Cashing Out Your Profit...after the Sale
The Part of Tens (10 Common Beginner Blunders, 10 Ways to Maximize Future Leads by Acting with Integrity, 10 Tip for Avoiding Common Foreclosure Minefields)
Appendix: Foreclosure Rules and Regulations for the 50 States
Index
For those that want to take advantage of the changing real estate market, the information in this book should provide the incite and guidelines needed to get you started on the right path to foreclosure investing.
Click here for more information about the book on Amazon.com
Visit my web site for additional real estate investing services and support: LawrenceYerkes.com
and visit Besthomes-NJ.com to find the latest New Jersey Real Estate property listings (Residential, Commercial, Multi-Family, Farm, Land).
Copyright 2007 by Timon, Inc. All Rights Reserved.
