Foreclosure Investing For Dummies, 2nd Edition book cover

Foreclosure Investing For Dummies, 2nd Edition

Published: April 18, 2022

Overview

A practical guide that helps you thoroughly research properties, so you know what you’re getting into before you buy or bid on a property 

With the housing bubble of recent years bursting and interest rates on the rise, there has been an upsurge in the number of foreclosures across the country, creating many opportunities for profit. But investing in real estate foreclosures can be a tough job, especially when a negative stigma is attached. How do you make money while preserving your morals and trust? Foreclosure Investing For Dummies shows you how to invest in foreclosures ethically without being accused of stealing homes from “little old ladies.” When you approach the process in a fair-minded way, presenting homeowners with various options and offering a reasonable price for their home, you can walk away with your integrity intact—and potentially a reasonable profit, too.  

This step-by-step guide helps you research property, find the best opportunities, purchase foreclosures, and avoid misleading distressed homeowners. If you’re committed to success, dedicated to mutually beneficial solutions, can treat foreclosure investing as business, and you can talk to people, this book is for you, but it doesn’t promise quick profits through minimal work. This book will provide you with invaluable information to become a successful investor, including how to: 

  • Identify opportunities and understand risks 
  • Obtain information, tools, support, and resources 
  • Locate properties prior to foreclosure 
  • Assist homeowners through the foreclosure process 
  • Acquire properties below market value prior to the auction 
  • Buy property at an auction, from lending institutions, and government agencies 
  • Repair, renovate, and sell or lease property 
 
 

A hands-on guide with tips and strategies for refinancing your property and maximizing your profits, this book also provides advice on how to assist homeowners, have them work with you, and avoid common mistakes. It even contains an appendix that covers foreclosure rules and regulations. It’s time to go out and make the most of foreclosure investing, and with Foreclosure Investing For Dummies by your side, your hard work and devotion will bring tons of success! 

A practical guide that helps you thoroughly research properties, so you know what you’re getting into before you buy or bid on a property 

With the housing bubble of recent years bursting and interest rates on the rise, there has been an upsurge in the number of foreclosures across the country, creating many opportunities for profit. But investing in real estate foreclosures can be a tough job, especially when a negative stigma is attached. How do you make money while preserving your morals and trust? Foreclosure Investing For Dummies shows you how to invest in foreclosures ethically without being accused of stealing homes from “little old ladies.” When you approach the process in a fair-minded way, presenting homeowners with various options and offering a reasonable price for their home, you can walk away with your integrity intact—and potentially a reasonable profit, too.  

This step-by-step guide helps you research property, find the best opportunities, purchase foreclosures, and avoid misleading distressed homeowners. If you’re committed to success, dedicated to mutually beneficial solutions, can treat foreclosure investing as business, and you can talk to people, this book is for you, but it doesn’t

promise quick profits through minimal work. This book will provide you with invaluable information to become a successful investor, including how to: 

  • Identify opportunities and understand risks 
  • Obtain information, tools, support, and resources 
  • Locate properties prior to foreclosure 
  • Assist homeowners through the foreclosure process 
  • Acquire properties below market value prior to the auction 
  • Buy property at an auction, from lending institutions, and government agencies 
  • Repair, renovate, and sell or lease property 
 
 

A hands-on guide with tips and strategies for refinancing your property and maximizing your profits, this book also provides advice on how to assist homeowners, have them work with you, and avoid common mistakes. It even contains an appendix that covers foreclosure rules and regulations. It’s time to go out and make the most of foreclosure investing, and with Foreclosure Investing For Dummies by your side, your hard work and devotion will bring tons of success! 

Foreclosure Investing For Dummies Cheat Sheet

Foreclosure investing is complicated and risky. I’ve seen individual investors lose tens of thousands of dollars at a single auction simply because they had no idea what they were doing. You’re smart to study up on the process before putting any money on the line. This Cheat Sheet will get you up to speed in a hurry on foreclosure investing and help you steer clear of some of the major pitfalls. However, I strongly encourage you to study up on the foreclosure process in the location (state and county) where you choose to invest, and hire an attorney with foreclosure experience to cover your back, at least for your first few investment properties.