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How to Buy Bank-Owned Properties for Pennies on the Dollar: A Guide To REO Investing In Today's Market
Hoofdkenmerken
Auteur: Jeff Adams
Titel: How to Buy Bank-Owned Properties for Pennies on the Dollar: A Guide To REO Investing In Today's Market
Uitgever: Wiley Professional Development (P&T)
ISBN: 9781118133538
ISBN boekversie: 9781118018347
Editie: 1
Prijs: € 21.57
Verschijningsdatum: 13-10-2011
Inhoudelijke kenmerken
Categorie: General
Taal: English
Imprint: John Wiley \u0026 Sons P\u0026T
Technische kenmerken
Verschijningsvorm: E-book
 

Inhoudsopgave:

\u003cb\u003eBuy bank-owned properties at fire-sale prices!\u003c/b\u003e \u003cp\u003eBanks 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.\u003c/p\u003e \u003cp\u003eIn 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\u0026#8212;the bank\u0026#8212;and get the foreclosure price without the hassles and complexity of a short sale or pre-foreclosure.\u003c/p\u003e \u003cp\u003eThis 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.\u003c/p\u003e \u003cul\u003e \u003cli\u003eProvides detailed, step-based guidance on buying REO properties\u003c/li\u003e \u003cli\u003eWritten by a super-successful REO investor with fifteen years of experience\u003c/li\u003e \u003c/ul\u003e
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