ISBN: 9780071412384    Publisher: McGraw-Hill Education - Europe Year of publishing: 2003     Format:  Paperback No of Pages: 224        Language: English

This is a step-by-step guide to buying foreclosure bargains safely and sanely - at a fraction of their market value. 'A terrific book that should be read by all - novice and pro alike' - Carolyn A. Weber, Vice President, Century 21 of the Northeast. 'Do you want to buy a house or other real estate below market value? If so, read this book' - Robert J.Bruss, "Syndicated Real Estate" Columnist.Written by one of America's most experienced real estate professionals, Melissa Kollen-Rice's bestselling guide offers: sources of available properties - from government agencies, public auctions, banks, and delinquent homeowners; innovative methods for financing foreclosures with little or no cash; tips on conducting an inspection, determining a property's value, and uncovering hidden costs in advance; proven techniques that help readers navigate the 'foreclosure jungle' and avoid costly mistakes along the way; strategies for buying foreclosures before an auction, at an auction, and after an auction.Critical information that banks can't tell you about the foreclosures in their inventories.
A foreclosure purchase is a great way to buy property at a below-market price, keep it as a long-term residence, rent it out to others, or fix it up and sell it for a profit. Packed with user-friendly worksheets, checklists, and contact directories, this fully updated and revised edition reflects current trends and regulations. Whether you are a novice or a professional foreclosure enthusiast, "Buying Real Estate Foreclosures" provides you with everything you need.
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Melissa S. Kollen-Rice is a real-estate professional with more than 20 years experience in all phases of the industry, and the director of Long Island Real Estate Training.
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