Cashing in on Pre-foreclosures and Short Sales: A Real Estate Investor's Guide to Making a Fortune Even in a Down Market
Boost your profits in any market!Foreclosures are soaring, and that's a sad fact of our current economy. But it's also a great opportunity for real estate investors who want to get into the market while the getting is good. In fact, all these foreclosures may signal the coming of the best buyer's market in decades. Cashing In on Pre-Foreclosures and Short Sales shows you exactly how to take advantage of the current market to earn great money right now.But it's not just about making money after someone loses their home. Through short sales, you can actually help owners in distress get out of unaffordable mortgages and into new homes more in line with their finances. Pre-foreclosures and short sales are great ways to make money and help struggling homeowners.Inside, real estate specialist Chip Cummings gives you all the tools you need to get started, including tips from insiders, sample forms and letters, handy checklists, and a wealth of other resources. With step-by-step guidance and practical, real-world tools, this is the only guide you need to learn how to:Understand all the steps in the foreclosure processDevelop an effective foreclosure investing strategyNavigate state foreclosure laws and regulationsUse creative financing solutionsBuild your investing "dream team"Locate and evaluate great propertiesConduct thorough property inspectionsNegotiate to win with owners and lendersAvoid frauds and investment schemesFix up and rent out a new propertyStage, market, and sell properties for maximum profitAvoid the amateur mistakes that could cost you thousandsAnd much more!