The All-New Real Estate Foreclosure, Short-Selling, Underwater, Property Auction, Positive Cash Flow Book : Your Ultimate Guide to Making Money in a Crashing Market

by Chantal Howell Carey; Bill Carey

• ISBN13: 9780470529232
• ISBN10: 0470529237
• Format: eBook
• Copyright: 2009-07-01
• Publisher: Wiley

Summary

The All-New Real Estate Foreclosure Short Selling Underwater Property Auction Cash Flow BookYour Ultimate Guide to Making Money in a Crashing MarketChantal Howell Carey & Bill CareyPraise for How to Sell Your Home Without a Broker"On a scale of 1 to 10, this book is a 10." -Robert BrussJump into the real estate game-and win big!Home values are crashing and foreclosures are way up. You might think this is a terrible time to get into the real estate market-but you'd be wrong! A crashing real estate market offers plenty of opportunity to profit, if you know how to change your strategy and adjust to the new market reality.In The All-New Real Estate Foreclosure, Short-Selling, Underwater, Property Auction, Positive Cash Flow Book, top real estate investors and authors Chantal and Bill Carey show you how to get in safely and get out profitably. They present four new strategies for taking advantage of today's high foreclosure rate and explain how to invest for the long-term as the market resets to more realistic levels. Novice investors will find plenty of strategies for profiting without risking all they have, and old hands will find new, unconventional techniques that will help them continue to profit even if the market continues to struggle.Inside, you'll learn how to:Combine short-term and long-term investing strategies for cash flow today and tomorrowBuy mortgages in foreclosure at rock-bottom short-sale pricesAvoid dealing with lenders by using the seller as your bankerUtilize the right type of real estate auction for your investment needsMaximize your cash flow for big profits now and in the futurePrepare yourself to profit from rising prices and near-term inflationWhether you're a first-timer or an experienced real estate pro, this is the ultimate guide to getting into the real estate market safely and cheaply-and getting out rich!Chantal Howell Carey, a member of Zonta International, has handled hundreds of millions of dollars in real estate sales and management as a broker, consultant, investor, and trustee.

Table of Contents

Preface

Introduction

The Real Estate Market has Crashed

Prices of all 20 major metropolitan areas are spiraling downward

Make Money Investing in a Crashing Real Estate Market

Use a quick cash and a long term wealth building strategy

Foreclosures, Foreclosures, and Foreclosures

One in every 464 households nationally will receive a foreclosure notice

The New Foreclosure Tactics

Stop buying at the white elephant sales (the courthouse steps)

Inside the Loss Mitigation Department

The twelve factors a lender will consider before accepting your short-sale offer

Your Short-Sale Offer

There are no oral agreements in real estate

Presenting Your Short-Sale Offer and Closing the Transaction

Present your short-sale offer and close the transaction

Buying the Mortgage in Foreclosure

Buy the mortgage in foreclosure at a short-sale price

Sellers are the New Bankers

In a crashing real estate market sellers are the new bankers

Win Going In

You must buy for the right price and with the right terms

No Doubt Getting Out

You must sell with the right terms and for the right price

Auctioning Your Property for Top Dollar

Auctioning is the best way to sell your property in a crashing market

Types of Auctions

There is a type of real estate auction to fit your investment needs

The Who, When, and How of Auctioning

Retail buyers are your target market for buying at your auction

Buy Low and Sell Lower

Make money even when the market is going down

Cash-and-Cash-Flow is King

In a crashing real estate market cash-and-cash-flow is king

The Future of the Real Estate Market

Inflation is in the pipeline. God bless inflation!

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