How to Buy Foreclosed Real Estate

How to Buy Foreclosed Real Estate

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As foreclosures increase, so do the odds of finding the home of your dreams! You can ride out the storm in the housing market and find great real estate at amazing values. Whether you're looking for a new home or an investment property, this step-by-step guide will show you how to find, buy, and finance foreclosed property. This new edition includes information on: The current state of the housing market and the opportunities it offers; How to find foreclosed property on the Internet; Short selling and other techniques for buying foreclosed real estate. You'll also learn how to: Research properties; Get the best financing; Manage investment properties; Limit repair and remodeling costs. Real estate experts Don Ayer and Dick Pas have revised Theodore J. Dallow's classic text and added invaluable new material in the process, making this the only guide you'll ever need to buying foreclosed property.Short Sales The heart of a short sale is convincing the lender to accept less than the lender is owed on the loan. ... buyer and actually walk away from a seemingly impossible situation with money and without the credit blemish and pain of a completed foreclosure. ... With a little background knowledge, it is possible to learn how short sales make things in the marketplace both better and worse than theyanbsp;...

Title:How to Buy Foreclosed Real Estate
Author:Theodore J Dallow, Don Ayer
Publisher:Adams Media - 2008-03-01


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