"... want to buy a house or other real estate below market value? If so, read this book."--Robert J. Bruss, syndicated real estate columnist Home foreclosures are at a ten-year high, and this new edition of Melissa Kollen-Rice's bestselling guide fills readers in on everything they need to know to find and finance real estate bargains from banks, S&Ls, public auctions, government agencies, and other sources. Packed with worksheets, checklists, and contact directories, Buying Real Estate Foreclosures is the resource for novices and pros alike. This fully revised and updated edition
Step 1. Arrange your financing. Step 2. Develop your network of support. Step 3. Review your foreclosure information daily until the procedure, and the success you will have becomes a part of you. Step 4. Send away for the lists of upcoming foreclosure sales. Step 5. Select the property that is right for you. Do a trial run. Step 6. Don’t give up!
Simple to understand walkthrough of the process. Melissa takes the time to introduce the reader to the fundamentals. The book provides an array of templates, outlines risks, and offers recommendations.