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Synopsis
Increasing numbers of homeowners nationwide are defaulting on their mortgages and forfeiting their property. As a result, as much as $4 billion in residential real estate will be sold at auction this year. Buying Real Estate shows readers how to find and fianance real estate bargains from banks, S & Ls, public auctions, government agencies, and many more sources. Contains worksheets, checklists, and contact directories.
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From the Back Cover
A Step-By-Step Guide to Buying Foreclosure Bargains Safely and Sanely--at a Fraction of Their Market Value
"A terrific book that should be read by all--novice and pro alike."--Carolyn A. Weber, Vice President, Century 21 of the Northeast
"Do you want to buy a house or other real estate below market value? If so, read this book."--Robert J. Bruss, Syndicated Real Estate Columnist
Written by one of America's most experienced real estate professionals, Melissa Kollen-Rice's bestselling guide offers:
- Sources of available properties - from government agencies, public auctions, banks, and delinquent homeowners
- Innovative methods for financing foreclosures with little or no cash
- Tips on conducting an inspection, determining a property's value, and uncovering hidden costs in advance
- Proven techniques that help readers navigate the 'foreclosure jungle' and avoid costly mistakes along the way
- Strategies for buying foreclosures before an auction, at an auction, and after an auction
- Critical information that banks can't tell you about the foreclosures in their inventories
A foreclosure purchase is a great way to buy property at a below-market price, keep it as a long-term residence, rent it out to others, or fix it up and sell it for a profit. Packed with user-friendly worksheets, checklists, and contact directories, this fully updated and revised edition reflects current trends and regulations. Whether you are a novice or a professional foreclosure enthusiast, Buying Real Estate Foreclosures provides you with everything you need.
About the Author
Melissa S. Kollen-Rice is a real-estate professional with more than 20 years experience in all phases of the industry, and the director of Long Island Real Estate Training.
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- PublisherMcgraw-Hill
- Publication date1991
- ISBN 10 0070358184
- ISBN 13 9780070358188
- BindingPaperback
- Number of pages224
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Buying Real Estate Foreclosures
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ISBN 10: 0070358184
ISBN 13: 9780070358188
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Buying Real Estate Foreclosures
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