Foreclosure Investing for Dummies
First time home buyers, second time home buyers, investors whoever you are, our Denver real estate market in many sectors is prime for making a good deal. Many savvy buyers/investors realize this and are making their purchases now.
Investing in Foreclosures is not for everyone. There are many aspects that need to be considered, researched and understood. If you are thinking about purchasing a distressed property, there's a new book that might help you understand the process. Written by Ralph Roberts it's called: Foreclosure Investing For Dummies.
The book is written in plain English and talks about the different foreclosure purchase strategies.
- Banking on Bankruptcies
- Knowing When to Purchase
- Negotiating Short Sales
- Knowing the Lien Holder pecking order
- Tracking down property tax sales
- Bidding for properties at a foreclosure sale
Working with foreclosures is not for the weak of heart. Armed with knowledge of the process, a solid strategy and some investment capital, a wise investor can make a good living by specializing in this market.
The Dummy book is a valuable resource for those who wish to learn or merely brush up on their skills. I highly recommend it!
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Peter Vekselman is a Real Estate Broker and Investment Coach. He have successfully coached his previous clients nationwide.If you want to learn exactly how these hard times can create your real estate fortune, join Peter Vekselman as one of his private one-on-one coaching client. You can get a free phone consultation directly with Peter, just visit http://www.coachingbypeter.com/?a_aid=ron
Posted by: Peter Vekselman | July 02, 2009 at 04:46 AM
It makes sense investing in real estate during depression since prices are falling but you should be very attentive to know when the prices hit the bottom, you might miss the ride.. You can park the properties and sell it later for a good price and remember “millionaires are made during economy depression!”.
Posted by: Real Estate Investing Resource | May 12, 2009 at 12:25 PM
That's a nice book. Thanks.
Posted by: Don Sabatini | May 01, 2009 at 10:42 PM
I recently came across your blog and have been reading along. I thought I would leave my first comment. I don't know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.
Sarah
http://grillsblog.com
Posted by: Sarah | April 06, 2009 at 04:13 AM
The dummies series is getting interesting they making dummy guides for sub niches.
Posted by: John Power | September 27, 2007 at 11:39 PM
Do they make a book like that for people like me? Maybe a dummies for dummies or something?
Posted by: Teresa Boardman | September 07, 2007 at 07:58 AM
That book looks great, I can't wait to check it out! Thanks for sharing!
Posted by: Albuquerque realtor | August 31, 2007 at 09:48 PM
Kristal, Thank You
Ralph R. Roberts GRI CRS
The Ambassador of Enthusiasm
"Official Spokesperson of Guthy-Renker Home"
Author of Walk Like a Giant, Sell Like a Madman
Author of 52 Weeks of Sales Success
Author of Flipping Houses FOR DUMMIES
Author of Foreclosure Investing FOR DUMMIES
Author of Advanced Selling FOR DUMMIES
Author of Protect Yourself from Real Estate and Mortgage Fraud
67775 Van Dyke
Washington Mi 48095
Office: 586-751-0000
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Posted by: RALPH R ROBERTS | August 31, 2007 at 07:29 PM