Make Money in Short-Sale Foreclosures: How to Bypass Owners and Buy Directly from Lenders
Everyone knows real estate investing is a great moneymaking opportunity. But many investors don't know that short-sale foreclosures are an even better way to get into the real estate game. Rather than getting stuck with non-performing mortgages, lenders are making deals with investors to substantially discount these loans below the amount of the loan itself! Buying properties at this discounted price can be highly lucrative and extremely affordable. And the opportunities will continue to grow! The market for short-sale foreclosure properties is expected to double over the next few years, so now is the time to get into the game.Make Money in Short-Sale Foreclosures shows novice investors how to find and purchase these bargains for the biggest possible profit. Renowned real estate authors Chantal and Bill Carey show you how to find these great deals, negotiate for the best price and terms, and employ a moneymaking strategy focused on either long- or short-term profits. This handy guide provides all the strategies savvy investors like you need and reveals all the inside secrets of short-sale investing.Most foreclosure books will show you how to buy the equity of an owner in foreclosure. But when an owner has no equity to buy, most books will tell you to walk away from these little- or no-equity deals. Make Money in Short-Sale Foreclosures is one of the very few real estate books available that offers comprehensive coverage of short-sale foreclosure investing—including how to create equity with these low- or no-equity deals. From buying properties directly from lenders to winning at foreclosure auctions, this handy guide reveals all the inside secrets you need to know to take advantage of these unbeatable moneymaking opportunities.