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Summary

With the housing bubble of the past few years bursting and interest rates on the rise, there has been an upsurge in the number of foreclosures across the country, creating many opportunities for profit. But investing in real estate foreclosure[s?] can be a tough job, especially when a negative stigma is attached. How do you make money while preserving your morals and trust?Foreclosure Investing For Dummies shows you how to invest in foreclosures ethically without being accused of stealing homes from "little old ladies." This step-by-step guide helps you thoroughly research property, find the best opportunities, purchase foreclosures, and avoid misleading distressed homeowners. This book doesn't promise quick profits through minimal work, but it will provide you with invaluable information to become a successful investor, including: Identifying opportunities and understanding risks Obtaining information, tools, support, and resources Locating properties prior to foreclosure Assisting homeowners through the foreclosure process Acquiring properties below market value prior to the auction Buying property at an auction, from lending institutions, and government agencies Repairing, renovating, and selling or leasing propertyThis book provides tips and strategies for refinancing your property and maximizing your profits. It also gives you advice on how to assist homeowners, have them work with you, and common mistakes you should avoid. It's time to go out and make the most of foreclosure investing, and with Foreclosure Investing For Dummies by your side, your hard work and devotion will bring tons of success!

Introduction
Prepping Yourself for Foreclosure Success
Wrapping Your Brain around Foreclosure Investing
Getting Up to Speed on the Foreclosure Process
Picking Your Point of Entry in the Foreclosure Process
Laying the Groundwork for Maximized Profit and Minimized Risk
Building a Powerful Foreclosure Investment Team
Filling Your Foreclosure Tank with Financial Fuel
Networking Your Way to Foreclosure Success
Creating Win-Win Situations in Pre-Foreclosure (Prior to Auction)
Discovering Homeowners Facing Foreclosure
Building a Property Dossier
Contacting the Homeowners and Lenders
Analyzing the Deal and Presenting Your Offer
Finding and Buying Foreclosure and Bankruptcy Properties
Bidding for Properties at a Foreclosure Sale
Buying Repos: Bank Foreclosures and REO Properties
Finding and Buying Government Repos
Banking on Bankruptcies
Sampling Some Other Foreclosure Strategies
Cashing Out Your Profit . . . after the Sale
Assisting the Previous Homeowners Out the Door
Repairing and Renovating Your Investment Property
Cashing Out: Selling or Leasing Your Property
Checking Out Other Cash-Out Strategies
The Part of Tens
Ten Common Beginner Blunders
Ten Ways to Maximize Future Leads by Acting with Integrity
Ten Tips for Avoiding Common Foreclosure Minefields
Appendix: Foreclosure Rules and Regulations for the 50 States
Index
Table of Contents provided by Publisher. All Rights Reserved.

Supplemental Materials

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