Synopsis
Find the sound investments among the foreclosures. Covering both bank-owned and government-owned properties, this book focuses on helping buyers distinguish between good foreclosure investments and those plagued with liens and other pitfalls. Readers will learn about the benefits of buying foreclosures; foreclosure timeline and process; the different types of foreclosures; finding pre- foreclosed properties; important pre-purchase pitfalls; buying at an auction; and more.
? The national residential foreclosure rate rose to from 1 to 1.23% (of all mortgages) by the end of 2003?the biggest jump in 30 years
? Foreclosures are expected to increase as interest rates rise and monthly payments on short-term variable rate and interest-only loans begin to follow (Realty Times)
About the Authors
Todd Beitler, a recognized foreclosure expert, guest lecturer, and industry consultant, is the founder of The Real Estate Library who pioneered the widely distributed magazines The New York Foreclosure Report and The Florida Foreclosure Report.
Bobbi Dempsey has written several books, including The Pocket IdiotÂ’s Guide to Home Inspections, and for numerous major magazines, including Family Circle, Good Housekeeping, Parents, Child, Pregnancy, and more.
Todd Beitler, a recognized foreclosure expert, guest lecturer, and industry consultant, is the founder of The Real Estate Library who pioneered the widely distributed magazines The New York Foreclosure Report and The Florida Foreclosure Report.
Bobbi Dempsey has written several books, including The Pocket Idiot?s Guide to Home Inspections, and for numerous major magazines, including Family Circle, Good Housekeeping, Parents, Child, Pregnancy, and more.
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