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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: $4.72
as of 7/31/2010 05:32 CDT details
You Save: $15.23 (76%)
New (20) Used (22) from $4.72
Seller: b5b
Rating:  9 reviews
Sales Rank: 63272
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
A Great Resource! February 6, 2006
P Oldham (Aldie, Virginia)
22 out of 23 found this review helpful
Thoroughly researched and easy-to-understand, this educational reference guide is a great resource for anyone who's interested in foreclosures -- or residential real estate, in general. I especially liked the section on cautions for potential investors. Novice-level and experienced investors will appreciate all the helpful tips and advice. This book is packed with information. Highly recommended!
Very complete and educational January 24, 2006
Kirk (NY)
27 out of 30 found this review helpful
I found this book to be full of good information. It contains everything from the absolute basics to a more advanced explanation of different types of deals that can be done on foreclosures. It has a great definition of the foreclosure process and everything you need to know.
Not sure what the last reviewer's problem is with the references cited. In specific regards to Matt Bowman, I have used what this guy has taught for years. It has helped me pick up multiple properties with no money down and not having to get a mortgage. What he teaches works. The book includes a lot of information from him on lease options and "subject to" deals, which are creative deals that can be done with no money down and not having to qualify for a mortgage, so even someone with bad credit can do them! I have also seen Jackie Lange's (another author quoted) materials and have seen her do business for years. She is very knowledgable and actually pratices what she preaches.
There are many good authors quoted in this book with very good information. I especially liked Mr. Bowman's description of a creative "subject to" real estate deal and how it should work near the end of the book. The authors of this book (and even one of the authors quoted-Jackie Lange) even took the time to write a section of what to watch out for from internet "gurus" who claim to teach real estate investing. Some of these people are just salespeople without real experience as investors. The book provides good tips on what to look for, and I'm sure the investors quoted were probably researched beforehand to make sure they were not the "liars and con artists".
Overall, the book is a great resource for anyone wanting to learn about investing in foreclosures, or even just for general real estate investing knowledge. It is written for a complete beginner, but expands into more advanced details. Very complete and an easy read. I highly recommend it.
READ ME FIRST - A comical and resourceful guide November 12, 2006
Andrea Jackson
13 out of 17 found this review helpful
This is a comical and resourceful guide to foreclosures, offering an easy to read handbook on how to invest in govt or bank foreclosed properties. Other titles that helped me about foreclosures -- Investing With out Losing: The Beginner's Guide to Real Estate Tax Lien and Tax Deed Auctions
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.
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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