|
||||||||||||||||||
|
||||||||||||||||||
|
||||||||||||||||||
Frequently Bought Together
Product Details
|
Product Description
Product Description
As the US housing market remains in crisis and foreign currencies increase in strength relative to the US dollar, foreign investment into real estate in America is reaching new highs, particularly in the sunbelt states. The opportunity to invest in these properties, either as an investment property or a vacation home, is made even more attractive in light of the record number of distressed properties (AKA foreclosures) on the market or in the pipeline due to high levels of unemployment in the US, high consumer debt, and ongoing fallout from the subprime crisis.
But what does "opportunity" really look like? What due diligence must an investor do to buy with confidence? What are the pitfalls? The legal and tax considerations? While the property and price may look good on paper, how can you ensure that your investment is a sound one? Philip McKernan and his crack team of experts teach you everything you need to know about investing in distressed properties in the United States, including sourcing distressed properties; building the right team of real estate agent, finance expert, lawyer, and accountant; understanding the tax and legal issues; and having an exit strategy.
Make sure you're getting the best deals possible and avoiding any nasty surprises. Be prepared and aware, with Fire Sale: How to Buy US Foreclosures.
Tags Customers Associate with This Product(What's this?)Click on a tag to find related items, discussions, and people.
|
What Other Items Do Customers Buy After Viewing This Item?
Customer Reviews
|
Share your thoughts with other customers:
|
||||||||||||||||||||||
|
Most helpful customer reviews
3 of 3 people found the following review helpful
5.0 out of 5 stars
If You're a Canadian New to US Foresclosures - START HERE,
By J. A. Broad "Julie Broad (http://www.revnyou.... (Vancouver) - See all my reviews (TOP 500 REVIEWER) (REAL NAME)
Amazon Verified Purchase(What's this?)
This review is from: Fire Sale: How to Buy US Foreclosures (Hardcover)
If you're an experienced real estate investor - in Canada or the US - you might find some of the book a little redundant. But if you're a new investor and especially new to US Foreclosures I think this book would be a perfect place to start your learning. The author, Philip McKernan, has tapped into two US Foreclosure investors in Florida that do a steady business of investing in about five foreclosures a month. Their expertise is pretty deep and provides a great foundation for the book.On top of that, some important things are covered for Canadians like understanding bad areas in the US versus Canada, who to recruit to your team to help you buy foreclosures, how you can finance your deals, what "sales pitches" to watch out for, insurance, taxes and so much more. It's a very comprehensive guide and while you will still need advice for your own personal situation - or you SHOULD get advice for your own personal situation - you will be very well armed with who you need and what to ask them if you read this book first. And personally, while the chapter actually had nothing to do with specifically investing in US Foreclosures, I loved the 6th section of the book on "How to Make Investing Work for You". That section is a good one for ALL investors to read!!
1 of 1 people found the following review helpful
5.0 out of 5 stars
excellent information,
By Lou (Canada) - See all my reviews
This review is from: Fire Sale: How to Buy US Foreclosures (Hardcover)
well written ,easy to understand and many practical ideas to help the reader understand property buying in the U.S
3 of 4 people found the following review helpful
2.0 out of 5 stars
Not so hot...,
By
This review is from: Fire Sale: How to Buy US Foreclosures (Hardcover)
If you are looking into actually purchasing a property south of the border this book could only be interpreted as a general guide. It is full of non-specifics and general real estate tips that apply in Canada as well, so if you understand the Canadian market this book will not further your understanding of the US market by much. It raises a few things that need to be considered, but raises more questions than it answers!
Share your thoughts with other customers: Create your own review
|
|
Listmania!
Look for similar items by category
Look for similar items by subject
Feedback
|
