The make money on foreclosures answer book : practical answers to more than 125 questions on investing in foreclosure property

Foreclosed properties can offer you a great investment opportunity. The Make Money on Foreclosures Answer Book reveals insider tips, strategies, and insights that are critical for anyone with the desire to purchase foreclosure properties and make money from them. This book offers straightforward, easy-to-follow information about: --Finding foreclosure properties --How to fund foreclosed properties --How to determine your costs --How to buy (pre-foreclosures, auctions, bank, government) --What to do after you have bought a foreclosed property --Legal issues to consider --Tax issues The Make Money on Foreclosures Answer Book is a quick, authoritative reference for consumers who want immediate answers to their most pressing questions. Written in an easy-to-read Q&A format, The Make Money on Foreclosures Answer Book addresses common questions about making money on foreclosed property. Foreclosed properties can offer you a great investment opportunity. The Make Money on Foreclosures Answer Book offers you insider tips, strategies, and insights that are critical for anyone with the desire to purchase foreclosure properties and make money off of them. The Make Money on Foreclosures Answer Book is an authoritative reference for you, providing sound advice and immediate answers to your most pressing questions. Written by an attorney and successful real estate investor, The Make Money on Foreclosures Answer Book answers your most important questions including: How much cash do I need to buy a foreclosure property? Can someone stop a foreclosure once the process starts? What happens to the former owner after a foreclosure? Who are the various parties in a foreclosure? How do I estimate the value of real estate? Is it essential that I have a real estate agent? How do I prepare a pre-foreclosure offer? What are the sources of financing for my purchase? Book jacket Foreclosed properties can offer you a great investment opportunity. The Make Money on Foreclosures Answer Book reveals insider tips, strategies, and insights that are critical for anyone with the desire to purchase foreclosure properties and make money from them. This book offers straightforward, easy-to-follow information about:Finding foreclosure propertiesHow to fund foreclosed propertiesHow to determine your costsHow to buy (pre-foreclosures, auctions, bank, government)What to do after you have bought a foreclosed propertyLegal issues to considerTax issuesThe Make Money on Foreclosures Answer Book is a quick, authoritative reference for consumers who want immediate answers to their most pressing questions. Written in an easy-to-read Q&A format, The Make Money on Foreclosures Answer Book addresses common questions about making money on foreclosed property. Title Page 2 Copyright Page 3 Contents 4 Foreword 6 Chapter 1: Foreclosure Basics 8 Chapter 2: Deciding to Invest in Foreclosures 34 Chapter 3: Establish Your Goals 44 Chapter 4: Finding Appropriate Properties 54 Chapter 5: Understanding the Parties and Their Motivations 70 Chapter 6: Ready, Set, Buy! 86 Chapter 7: Financing Your Purchase 106 Chapter 8: What You Should Know About Taxes 120 Chapter 9: Bankruptcy and Foreclosure 134 Chapter 10: The Former Owner 140 Conclusion 150 Glossary 152 Appendix A: Sample Business Plans 160 Appendix B: HUD Good Neighbor Next Door 166 Appendix C: State-Specific Information 174 Appendix D: Understanding the Real Estate Contract 234 Appendix E: Spreadsheets You Can Use 242 Index 252 About the Author 256 Back Cover 258