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Cashing in on Pre-foreclosures and Short Sales: A Real Estate Investor's Guide to Making a Fortune Even in a Down Market |  | Author: Chip Cummings
Publisher: Wiley
Category: Book
List Price: $24.95
Buy New: $13.70
as of 9/8/2010 21:57 CDT details
You Save: $11.25 (45%)
New (24) Used (10) from $13.70
Seller: Real Estate Book Store
Rating:  15 reviews
Sales Rank: 86326
Media: Paperback
Pages: 320
Number Of Items: 1
Shipping Weight (lbs): 1.3
Dimensions (in): 9 x 7.5 x 0.9
ISBN: 0470419814
Dewey Decimal Number: 332.6324
EAN: 9780470419816
ASIN: 0470419814
Publication Date: February 9, 2009
Availability: Usually ships in 1-2 business days
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Product Description
Cashing in on Pre-foreclosures and Short Sales shows investors exactly how to take advantage of what many are calling the best upcoming investment real estate market we have experienced in decades! Chip distinguishes the difference between good deals and bad deals, reveals just how easy it is to find, evaluate, and obtain foreclosure properties, tells how to negotiate a profitable transaction, and unveils the power of using short sales and other strategies to create a win-win situation for the investor, the seller, and the bank. Even first-time buyers looking to score a bargain on purchasing their own home will be armed with all the tools they need to confidently evaluate and pursue a profitable deal - and save thousands in the process. Cashing In on Pre-foreclosures and Short Sales incorporates quotes and advice from top industry professionals, as well as a healthy appendix packed with state and national foreclosure guidelines, including valuable contacts and websites, sample forms, checklists, and all the necessary tools you need to find, evaluate, secure and profit from foreclosure properties.
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| Customer Reviews:
Showing reviews 1-5 of 15
good advise? July 12, 2010
Pamela
0 out of 2 found this review helpful
This is a timely book with a lot of solid information. But approach all investing with caution. Because of books like this, plus Robert Allen, and Carlton Sheets, I'll be in bankruptcy court soon. But hey it was an adventure. I got a great book out of my ups and downs in real estate investing in Akron Ohio. HOUSES OF CARDS recently won and IPPY award. If you want to follow the advise in this book I think you should read mine first! It shows a more realistic view. I own 12 single family homes (many of them were foreclosures), have a half a million in debt and it took me eight years!
Pamela Frost
Houses of Cards
Extremely Informative June 1, 2010
C. Knight
1 out of 1 found this review helpful
This book was loaded with great and educational information I was very impressed at at ease of how it read, I cant complain about anything in this book, as a new investor it answered many questions that I couldn't find the answers to unless I devoted a lot of time and energy to researching it. I reviewed many books and none of them held my attention like this one. It is a Great Book and Valuable Tool.
Impressive approach - not what I expected March 9, 2010
K. Johanson (Tempe, AZ)
2 out of 2 found this review helpful
Originally when I found this book, I expected the "get rich quick" type of stuff. I was pleasantly surprised.
The author has a lot of practical experience in foreclosure and short sale investing, which come through in the examples, forms and checklists that he uses. The approach with sellers and industry players is straight up and impressive from the standpoint that he never tries to take advantage of the situation - but rather looking to assist people and solve problems. Too many other books I have found go the other route, and try to kick people to the curb.
There is quite a bit of practical material included, and I was also impressed that he made them available via a download from his website. The forms I got were in Microsoft Word format, so I was able to easily modify them for my use. A real bonus there.
If you want some good advice when dealing with these types of properties, without the hype and fluff - then this is a good read. Yes, it does take work - but he has laid out the steps quite well.
Excellent practical guide December 12, 2009
Carla Samson (Cincinnati, OH)
1 out of 1 found this review helpful
I was impressed with the amount of "real world" practical information contained in this book. While I have purchased a couple of properties in the past, I had never really investigated the world of REO's and foreclosures. This book made it easy. Well not really easy, as real estate investing takes a lot of research and investigative know-how, but it laid it all out.
This is not a "get rich quick" overnight type of book, but rather one for new every-day investors looking to secure good deals out there. I found the forms and checklists provided by Mr. Cummings to be well prepared, complete and easy to download from his website. I even changed a couple to make them more applicable to my local area. They saved me a LOT of time.
All in all, I was very impressed by this book, and will use it regularly for my real estate deals. Definitely recommended.
Solid advice August 17, 2009
Mariusz Skonieczny (ClassicValueInvestors . com)
5 out of 5 found this review helpful
I think that with the economy in crisis, there are more opportunities to profit than ever before. The number of foreclosures in the market is higher than ever before. The author educates readers on the differences between foreclosures, pre-foreclosures, and short sales, and how to use them to profit from them. I really appreciate that the author tells readers the techniques shown in this book take work because other books or infomercials promise riches with little or no work. It's not going to happen. Get realistic. There are risks involved in real estate investing. The best thing a person can do to minimize them is by getting educated on the subject.
In addition the forms, letters, and worksheets alone are worth more than this book. They can be downloaded from the author's website in Microsoft Word format. Some of them include marketing letters to real estate agents, letters to homeowners, foreclosure tracking worksheets, and borrower authorization forms.
- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market
Showing reviews 1-5 of 15
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