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How to Buy Bank-Owned Properties for Pennies on the Dollar: A Guide to Reo...
by Adams, Jeff | HC | VeryGood
US $7.05
Approximately£5.21
Condition:
“May have limited writing in cover pages. Pages are unmarked. ~ ThriftBooks: Read More, Spend ”... Read moreAbout condition
Very Good
A book that has been read and does not look new, but is in excellent condition. No obvious damage to the book cover, with the dust jacket (if applicable) included for hard covers. No missing or damaged pages, no creases or tears, no underlining or highlighting of text, and no writing in the margins. Some identifying marks on the inside cover, but this is minimal. Very little wear and tear. See the seller’s listing for full details and description of any imperfections.
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Estimated between Wed, 11 Jun and Sat, 14 Jun to 94104
Located in: Aurora, Illinois, United States
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eBay item number:194312845068
Item specifics
- Condition
- Very Good
- Seller notes
- Binding
- Hardcover
- Weight
- 1 lbs
- Product Group
- Book
- IsTextBook
- No
- ISBN
- 1118018346
About this product
Product Identifiers
Publisher
Wiley & Sons, Incorporated, John
ISBN-10
1118018346
ISBN-13
9781118018347
eBay Product ID (ePID)
109204099
Product Key Features
Book Title
How to Buy Bank-Owned Properties for Pennies on the Dollar : A Guide to REO Investing in Today's Market
Number of Pages
256 Pages
Language
English
Topic
Real Estate / General, Investments & Securities / Real Estate
Publication Year
2011
Illustrator
Yes
Genre
Business & Economics
Format
Hardcover
Dimensions
Item Height
1 in
Item Weight
16 Oz
Item Length
9.1 in
Item Width
6.1 in
Additional Product Features
Intended Audience
Trade
LCCN
2011-017546
Dewey Edition
23
Dewey Decimal
332.63/24
Table Of Content
Part I The Investing Opportunity That Won't Come Again in Your Lifetime 1 Chapter 1 The Perfect Nightmare for Bankers--A Dream Come True for Investors 3 Chapter 2 Why REO Investing Saves Time, Hassle, and Money Compared with Traditional Preforeclosure and Short Sale Investing 15 Chapter 3 How to Overcome Your Fear, Set Goals, and Get Started 27 Chapter 4 Overview of the REO Deal 43 Part II REO Deals, Step by Step 51 Chapter 5 Where to Get the Money 53 Chapter 6 How to Research Your Market, Create an Investing Plan, and Develop an Exit Strategy 69 Chapter 7 How to Get Ready for Your First Deal and Build Credibility 81 Chapter 8 Where to Find the Best REOs in Your Market 99 Chapter 9 The Importance of REO Agents: Finding the Best and Getting Them on Your Side 119 Chapter 10 Buying REO Properties at Auction 129 Chapter 11 The Right Way to Evaluate Deals and Price a Property 141 Chapter 12 How to Make an Offer and Negotiate with Banks 159 Chapter 13 Getting the Paperwork Right 175 Chapter 14 How to Avoid the Most Common Mistakes Investors Make 189 Part III Exit Strategies 199 Chapter 15 Wholesale Your Property to Another Investor 201 Chapter 16 Fixing Up and Selling the Property at Retail 209 Chapter 17 Buying and Holding: Renting the Property for a Positive Monthly Cash Flow 217 Addendum: Understanding Buying Formulas 225 Glossary 233 About the Author 243 Bonus Offer Just for You! 244 Index 248
Synopsis
Buy bank-owned properties at fire-sale prices! Banks and lending institutions today own more than one million foreclosed properties, more are in the foreclosure pipeline. Banks desperately want to get these properties off their balance sheets, but there aren't enough buyers. The result is a soft real estate market with prices investors and homeowners may not see again in their lifetime. In recent years many bargain-hunting investors and homebuyers made the mistake of trying to get foreclosure prices via short sales and pre-foreclosure-- before the bank reclaimed the property. They've been burned by endless delays and uncertainty of the messy foreclosure process. With bank-owned properties, that's over. You deal directly with a motivated seller--the bank--and get the foreclosure price without the hassles and complexity of a short sale or pre-foreclosure. This book shows you how to negotiate the best possible terms with the real estate owned (or REO) department of a bank or lender, including step-by-step instructions and no-nonsense advice on finding great deals, estimating fair market value, and closing the deal. You don't need a ton of cash, because REO investing at fire-sale prices is affordable for almost any investor or homebuyer. Provides detailed, step-based guidance on buying REO properties Written by a super-successful REO investor with fifteen years of experience, Secure the Best Deals on Bank-Owned Properties in Todays Market! "This is the most powerful, persuasive, and practical book on buying bank-owned properties you will ever read. It is loaded with strategies for anybody who wants to get started buying foreclosures." David Lindahl, author, Multi-Family Millions and The Six-Figure Second Income "Over the past eighteen months, Ive purchased over sixty foreclosures using the methods and techniques that Jeff Adams reveals in this book. If youre wanting to get in on the ground floor of the biggest wealth-building opportunity in your lifetime, get this book, read it cover to cover, and take action." Chris McLaughlin, Keller Williams Realty "Jeff Adams is truly a master investor and his strategies work in todays real estate market. He is changing the lives of investors all across America." Dave Seymour, star of A&Es Flipped and founder of City Light Homes "Jeff Adams is a master at buying bank-owned, REO properties. In this book, he has laid out step-by-step how he makes tens of thousands of dollars per property. With more REO properties on the market than there have ever been, now is the time to learn the insider secrets Jeff reveals in his new book." Larry Goins, author of Getting Started in Real Estate Day Trading SPECIAL BONUS Jeff Adams Foreclosure Academy Scholarship worth up to $3,000 DETAILS INSIDE, Buy bank-owned properties at fire-sale prices Banks and lending institutions today own more than one million foreclosed properties, more are in the foreclosure pipeline. Banks desperately want to get these properties off their balance sheets, but there aren't enough buyers. The result is a soft real estate market with prices investors and homeowners may not see again in their lifetime. In recent years many bargain-hunting investors and homebuyers made the mistake of trying to get foreclosure prices via short sales and pre-foreclosure-- before the bank reclaimed the property. They've been burned by endless delays and uncertainty of the messy foreclosure process. With bank-owned properties, that's over. You deal directly with a motivated seller--the bank--and get the foreclosure price without the hassles and complexity of a short sale or pre-foreclosure. This book shows you how to negotiate the best possible terms with the real estate owned (or REO) department of a bank or lender, including step-by-step instructions and no-nonsense advice on finding great deals, estimating fair market value, and closing the deal. You don't need a ton of cash, because REO investing at fire-sale prices is affordable for almost any investor or homebuyer. Provides detailed, step-based guidance on buying REO properties Written by a super-successful REO investor with fifteen years of experience, Buy bank-owned properties at fire-sale prices! Banks and lending institutions today own more than one million foreclosed properties, more are in the foreclosure pipeline. Banks desperately want to get these properties off their balance sheets, but there arent enough buyers.
LC Classification Number
HD1382.5.A336 2011
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- 24 Sep, 2022
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Verified purchase: YesCondition: Pre-ownedSold by: thrift.books
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