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Boost your profits in any market!
Foreclosures are soaring, and that's a sad fact of our currenteconomy. But it's also a great opportunity for real estateinvestors who want to get into the market while the getting isgood. In fact, all these foreclosures may signal the coming of thebest buyer's market in decades. Cashing In on Pre-Foreclosures andShort Sales shows you exactly how to take advantage of the currentmarket to earn great money right now.
But it's not just about making money after someone loses theirhome. Through short sales, you can actually help owners in distressget out of unaffordable mortgages and into new homes more in linewith their finances. Pre-foreclosures and short sales are greatways to make money and help struggling homeowners.
Inside, real estate specialist Chip Cummings gives you all thetools you need to get started, including tips from insiders, sampleforms and letters, handy checklists, and a wealth of otherresources. With step-by-step guidance and practical, real-worldtools, this is the only guide you need to learn how to:
Develop an effective foreclosure investing strategy
Navigate state foreclosure laws and regulations
Use creative financing solutions
Build your investing "dream team"
Locate and evaluate great properties
Conduct thorough property inspections
Negotiate to win with owners and lenders
Avoid frauds and investment schemes
Fix up and rent out a new property
Stage, market, and sell properties for maximum profit
Avoid the amateur mistakes that could cost you thousands
And much more!
CHIP CUMMINGS is a real estate investor, licensed mortgage lender, certified trainer for the National Association of Mortgage Brokers, and past president of the Michigan Mortgage Brokers Association. He is also the co-author, with Ralph Roberts, of the Wiley titles Mortgage Myths and Foreclosure Myths.