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In recent years many bargain-hunting investors and homebuyers made the mistake of trying to get foreclosure prices via short sales and pre-foreclosure - before the bank reclaimed the property. They've been burned by endless delays and uncertainty of the messy foreclosure process. With bank-owned properties, that's over. You deal directly with a motivated sellerthe bankand get the foreclosure price without the hassles and complexity of a short sale or pre-foreclosure. This book shows you how to negotiate the best possible terms with the real estate owned (or REO) department of a bank or lender, including step-by-step instructions and no-nonsense advice on finding great deals, estimating fair market value, and closing the deal. You don't need a ton of cash, because REO investing at fire-sale prices is affordable for almost any investor or homebuyer.
Provides detailed, step-based guidance on buying REO properties. Written by a super-successful REO investor with fifteen years of experience.
Customer ReviewsMost Helpful
By tarek on 09-04-12
it's good and read it
What was the most interesting aspect of this story? The least interesting?
I Like the book and the good about it that the author not asking to sign up in any services. The book simple go over the foreclosure techniques and how you could deal with the lender. But still I need more details. Also, the book gives good internet references to start your own search
4 of 4 people found this review helpful