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The Complete Idiot's Guide to Buying Foreclosures, 2nd Edition |  | Authors: Bobbi Dempsey, Todd Beitler
Publisher: Alpha
Category: Book
List Price: $19.95
Buy Used: $3.96
as of 9/6/2010 08:56 CDT details
You Save: $15.99 (80%)
New (24) Used (23) from $3.96
Seller: Discount Real Estate Books
Rating:  9 reviews
Sales Rank: 105146
Media: Paperback
Edition: 2
Pages: 352
Number Of Items: 1
Shipping Weight (lbs): 1.2
Dimensions (in): 8.9 x 7.3 x 0.9
ISBN: 1592577210
Dewey Decimal Number: 333.3383
EAN: 9781592577217
ASIN: 1592577210
Publication Date: February 5, 2008
Availability: Usually ships in 1-2 business days
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| Features:
| • | ISBN13: 9781592577217 | | • | Condition: USED - Good | | • | Notes: BUY WITH CONFIDENCE, Over one million books sold! 98% Positive feedback. Compare our books, prices and service to the competition. 100% Satisfaction Guaranteed |
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Product Description
One person's loss is another person's gain.
This invaluable guide explains everything readers need to know about finding and financing foreclosed and soon-to-be foreclosed residential properties with the highest potential return. Completely updated, this new edition reflects recent changes in the way banks and the government dispose of foreclosed properties, covers new laws, and advises how to steer clear of scams.
First edition sold more than 30,000 copies in a year and a half
The national residential foreclosure rate rose to from .75% to 1.16% (of all mortgages) by the end of 2006-the biggest jump in 30 years
Foreclosures are expected to continue to increase as interest rates rise and monthly payments on short-term variable rate and interest-only loans make homes unaffordable
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| Customer Reviews:
Showing reviews 1-5 of 9
Good guide to foreclosure investing August 27, 2009
Mariusz Skonieczny (ClassicValueInvestors . com)
1 out of 1 found this review helpful
With the foreclosure rate at the highest level in decades, it might not be a bad time to invest in foreclosures. This book provides basic as well as more advanced information about how to invest in foreclosures, what the foreclosure process is, how lenders view foreclosures, and how to find great opportunities. I liked the author's explanation of why foreclosures occur. Some of you might think that it is because someone loses of a job, but the author lists other reasons such as divorce, health problems, relocation, the economy, and overwhelmed landlords.
There is a separate chapter on how to find foreclosed properties. When I was involved in foreclosures, I found that knocking on doors was the best way to get leads. I would get a list from the courthouse of people who fell behind in payments and the next day I would visit these homeowners. I was always the first one to contact them because other investors use passive methods such as direct mail or newspaper ads. Who reads newspapers these days anyway? Besides, if you cannot afford your mortgage payment, you probably don't have your newspaper subscription anymore.
- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market
Very important tool in today's market January 8, 2009
R. Skinner (Ohio)
1 out of 1 found this review helpful
If you're thinking about buying real estate, this is an excellent book to get. Full of information and online resources as well.
CID Guide to Buying Foreclosures May 6, 2007
David E. Ferris (Kansas City, MO)
8 out of 10 found this review helpful
Sunday, May 6, 2007
For a newbie, this is an excellent introduction. It shows you the way to proceed, if you're serious about trying. For the price, it is a bargin and should be kept as a reference. If you're like me, a yellow lighter can be quite helpfull. Well worth the price when you consider the large sums of money that can be involved.
 Very Insightful March 9, 2007
A. Carraway
4 out of 7 found this review helpful
This is a very informative book. It doesn't mess around with a lot of fluff. I highly recomend it!
Provides solid information worthy of the Complete Idiot Guide series January 22, 2007
Matt Bresee (OH, USA)
I've always enjoyed the Complete Idiot Guide series. Why? Because it delivers the message down to earth. It takes highly complexed legal matters and shows you step by step on how to invest in foreclosures. If you want to make money in foreclosures or have wanted to invest in them, you need to read this book.
Matt
Illustrator for the Ultimate Foreclosure Kit (ISBN 0978834658)
Showing reviews 1-5 of 9
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