Publisher's Synopsis
MAKE MONEY IN SHORT–SALE FORECLOSURES
Foreclosures are the most profitable way to invest in real estate. But most real estate books on foreclosures don′t tell you how to invest in short–sale foreclosures properties with even more profit potential than regular foreclosures. A short–sale foreclosure is a lender accepting a loan payoff for less than the amount owed. This comprehensive new guide from renowned real estate authors Chantal and Bill Carey covers all the ins and outs of short–sale foreclosure investing, from finding properties to negotiating with lenders, to closing the deal and making a bundle. Inside you′ll find all the information you need to succeed:
- Finding great short–sale foreclosure deals
- Dealing with owners in financial distress
- When to buy short–sale foreclosures
- Creating equity in foreclosure properties
- Writing successful short–sale offers
- FHA, VA, and private mortgage insurance short–sales
- Purchasing short–sale properties at auction
- Understanding escrow, closing, and title insurance
- Flipping short–sale properties
