The Pre-Foreclosure Property Investor's Kit: How to Make Money Buying Distressed Real Estate -- Before the Public Auction

ISBN-13: 9780471692799 / Angielski / Miękka / 2004 / 258 str.

Thomas J. Lucier

Opis

Pre-foreclosure real estate is one of the hottest investment opportunities on the market. The Pre-Foreclosure Property Investor's Kit offers step-by-step instruction and no-nonsense advice on how to find great deals, estimate fair market value, negotiate with sellers, sell your property on your own, and win big in real estate. You?ll learn how to get the best deals on foreclosure properties before they go to auction and utilize simple ready-made worksheets, checklists, forms, and agreements that make getting started easy. Even people of modest means can get into pre-foreclosure investing--all it takes is a little hard work, persistence, and the tools you?ll find in this handy guide.

Spis treści

Dedication.

PART I: GETTING STARTED AS A PROFITABLE PRE–FORECLOSURE INVESTOR.

Chapter 1: How You Can Make $60,000 a Year Investing in Pre–Foreclosure Properties Part–Time.

Chapter 2: Why Most Foreclosure Investment Strategies Being Taught Today Are Too Risky, Too Expensive, and Not Worth Doing.

Chapter 3: What Every Pre–Foreclosure Investor Needs to Know about Their State s Foreclosure Statute.

Chapter 4: Everything You Need to Know about Existing Loans on Pre–Foreclosure Properties.

Chapter 5: How to Finance the Purchase of a Pre–Foreclosure Property.

Chapter 6: How to Get Started Right Now as a Profitable Pre–Foreclosure Property Investor.

PART II: MY 14–STEP PROCESS FOR INVESTING IN PRE–FORECLOSURE PROPERTIES.

Chapter 7: How to Find Property Owners with Loans That Are in Default and Facing Foreclosure.

Chapter 8: How to Contact Property Owners in Foreclosure.

Chapter 9: How to Get the Lowdown on Loans in Default from Foreclosing Lenders.

Chapter 10: How to Perform Due Diligence on Pre–Foreclosure Properties.

Chapter 11: How to Thoroughly Inspect a Pre–Foreclosure Property.

Chapter 12: How to Accurately Estimate the Current Market Value of a Pre–Foreclosure Property.

Chapter 13: How to Negotiate with Property Owners in Foreclosure.

Chapter 14: How to Get Subordinate Lienholders to Discount Their Liens by 50 Percent or More.

Chapter 15: How to Negotiate with Foreclosing Lenders and Their Attorneys and Trustees.

Chapter 16: How to Do a Short Payoff Sale on Properties with Little or No Equity.

Chapter 17: How to Prepare Your Purchase Agreements.

Chapter 18: How to Close on the Purchase of a Pre–Foreclosure Property.

Chapter 19: How to Fix Up Pre–Foreclosures for Maximum Curb Appeal and Resale Value.

Chapter 20: How to Package, Market, and Resell Pre–Foreclosures for Maximum Profit.

Resources: Pre–Foreclosure Property Investor Resources Online.

About the Author.

Index.

O autorze

THOMAS J. LUCIER has been a real estate investor since 1980. An active member of both the National Association of Real Estate Editors and the Real Estate Educators Association, he is a widely published real estate expert whose advice has appeared in such publications as the Wall Street Journal and Commercial Investment Real Estate magazine

Blurb

"This is the best of the many how–to–profit–from–foreclosure books. It is well written, ultra–complete, and packed with more details than readers will need. The worksheets are invaluable to simplify what can otherwise be a complicated business. On my scale of 1 to 10, this outstanding new book rates an off–the–chart 12."
Robert J. Bruss, nationally syndicated columnist

A practical toolkit for making money on pre–foreclosure properties

One of the most lucrative avenues for investors today is pre–foreclosure real estate; investors who are organized, informed, and persistent can make a bundle. But if you start investing without the proper knowledge and tools, you could lose your shirt. With step–by–step instructions and practical, no–nonsense advice, The Pre–Foreclosure Property Investor′s Kit shows readers how to make even more money by finding foreclosure properties before they go to auction beating the competition to the punch. Plus, this comprehensive resource is full of ready–to–use worksheets, letters, checklists, forms, and agreements that make getting started easy.

You′ll learn:

• How to make as much as $60,000 per year investing part–time
• Why NOW is a great time to get started in pre–foreclosure investing
• How to use foreclosure notices to find local properties
• How to use direct mail to contact property owners in default
• How to estimate the current market value of properties
• Everything you need to know about your state′s foreclosure statutes

Most people think that investing in real estate requires a giant bank account and a perfect credit score. But with pre–foreclosure investing, even people of average means can get into the game all it takes is a little hard work, persistence, and the helpful tools you′ll find in The Pre–Foreclosure Property Investor′s Kit.