Foreclosure Investing for Dummies

by Ralph R. Roberts, Brett Barry (Narrated by), 2008 HarperCollins Publishers, Inc. 2007 by Wiley Publishing

Overview

Covers foreclosure rules and regs for all 50 states

Minimize your risks and maximize your return, while assisting homeowners

Want 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 integrity

Product Details

ISBN-13:	9780061707315
Publisher:	HarperCollins Publishers
Publication date:	09/23/2008
Series:	For Dummies Books
Edition description:	Abridged

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.

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.

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.

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.

Table of Contents

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 REO Properties.

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: Sellingor 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 50 States.

Index.