How to Buy Real Estate at Foreclosure Auctions

Real estate foreclosures are rising to record levels and thetime to buy is NOW. Anyone can buy foreclosed real estate and make money at it- but only if you know how, and that is what this book shows you. Written in a straightforward manner, with a conversational andfriendly tone, the author is right there with you-every step of the way. Through 21information-packed chapters, you are taken, step by step, on a comprehensive andmethodical journey in which every aspect of the process is covered in clear, practicaldetail. From dispelling myths about foreclosures to the moment of selling the rehabbedproperty, you will learn the value of assembling your team and doing your researchfirst, as well as the more pragmatic information required about the actual bidding,finances, taxes, paperwork involved, and the ins and outs of the renovation process. Thebook is illustrated with numerous examples of documents the reader will encounter duringthe foreclosure process. As an added bonus, reference listscontaining foreclosure types, redemption rights, tax lien status, foreclosure timelinesand procedures, and listings of real estate investment groups for all fifty states havebeen included. Plus: sample sheriff sale rules from selected counties and a completeproperty inspection and repair checklist. From beginning to end,this book is a valuable source of information for the first time foreclosure buyer,whether your plans are to flip, rent, or reside in the property.