Introduction 1Part 1: Prepping Yourself for Foreclosure Success 7Chapter 1: Wrapping Your Brain around Foreclosure Investing 9Chapter 2: Getting Up to Speed on the Foreclosure Process 29Chapter 3: Picking Your Point of Entry in the Foreclosure Process 41Part 2: Laying the Groundwork for Maximized Profit and Minimized Risk 57Chapter 4: Building a Powerful Foreclosure Investment Team 59Chapter 5: Filling Your Foreclosure Tank with Financial Fuel 77Chapter 6: Networking Your Way to Foreclosure Success 95Part 3: Creating Win-Win Situations in Pre-Foreclosure (Before Auction) 107Chapter 7: Discovering Homeowners Facing Foreclosure 109Chapter 8: Performing Your Due Diligence 125Chapter 9: Contacting the Homeowners and Lenders 145Chapter 10: Analyzing the Deal and Presenting Your Offer 173Part 4: Finding and Buying Foreclosure and Bankruptcy Properties 187Chapter 11: Bidding for Properties at a Foreclosure Sale 189Chapter 12: Buying Repos: Bank Foreclosures and REO Properties 207Chapter 13: Finding and Buying Government Repos 225Chapter 14: Banking on Bankruptcies 241Chapter 15: Sampling Some Other Foreclosure Strategies 255Part 5: Cashing Out Your Profit After the Sale 277Chapter 16: Assisting the Previous Homeowners Out the Door 279Chapter 17: Repairing and Renovating Your Investment Property 291Chapter 18: Cashing Out: Selling or Leasing Your Property 305Chapter 19: Checking Out Other Cash-Out Strategies 319Part 6: The Part of Tens 329Chapter 20: Ten Common Beginner Blunders 331Chapter 21: Ten Ways to Maximize Future Leads by Acting with Integrity 337Chapter 22: Ten Tips for Avoiding Common Foreclosure Minefields 345Appendix: Foreclosure Rules and Regulations for the 50 States 353Index 367
Ralph R. Roberts has been investing in foreclosed properties for over 30 years. He knows every step of the process, from scouting properties to cashing out after the sale, from helping distressed homeowners keep their homes to buying those homes when the owners can no longer afford them. He also has assisted homeowners who have been taken advantage of by unscrupulous investors.