How to Pick Up Foreclosures: A Step-By-Step Guide for Getting Super Discounted Property Before the Auction [Paperback]

Wade B. Cook (Author)

Book Description

Publication Date: August 1, 1997

In How To Pick Up Foreclosures, America's premier rags to riches educator takes you throough every step of purchasing foreclosures. He tells you what has worked for him and explains how you can create your own real estate system.

--This text refers to an alternate Paperback edition.

Product Details

• Paperback: 119 pages
• Publisher: Lighthouse Publishing Group; 2nd edition (August 1, 1997)
• Language: English
• ISBN-10: 0910019665
• ISBN-13: 978-0910019668
• Product Dimensions: 9 x 6.1 x 0.3 inches
• Shipping Weight: 8.8 ounces (View shipping rates and policies)
• Average Customer Review: 3.3 out of 5 stars  See all reviews (29 customer reviews)
• Amazon Best Sellers Rank: #1,803,802 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

64 of 65 people found the following review helpful:

5.0 out of 5 stars Pick up foreclosures..before the announcement., April 7, 2002

By A Customer

This review is from: How to Pick Up Foreclosures: A Step-By-Step Guide for Getting Super Discounted Property Before the Auction (Paperback)

I have been using Mr. Cooks Wall Street strategies for several years wth great success and decided to try my luck in real estate.I bought Real Estate Money MACHINE and How To Pick Up Foreclosures. From Mr. Cooks stock market strategies, I discovered the power of playing stock splits and strategy#1 is before the announcement.I have found that getting in foreclosures before the announcement is powerful. Buying right is everything in real estate.I highly recommend this book. Two other books worth reading are Flipping Properties and the 16% Solution.While I have done very well in the stock market, as Wade suggests, the stock market is too risky. Take some of your profits and invest it in real estate via rental properties (money machine concepts) discounted mortgages and tax liens. Another great book by Wade.

67 of 70 people found the following review helpful:

5.0 out of 5 stars A good book undeserving of crackpot reviews, April 8, 2002

By A Customer

This review is from: How to Pick Up Foreclosures: A Step-By-Step Guide for Getting Super Discounted Property Before the Auction (Paperback)

Don't let the size of this book fool you, it is jam packed with usefull information from somene who can speak from experience, Wade Cook.This book belongs in the library of any serious real estate investor.

51 of 53 people found the following review helpful:

4.0 out of 5 stars General basics on foreclosure, September 19, 2002

By 

creativedawn (Bullhead City, AZ United States) - See all my reviews

Amazon Verified Purchase

This review is from: How to Pick Up Foreclosures: A Step-By-Step Guide for Getting Super Discounted Property Before the Auction (Paperback)

This book was an easy quick read about the basics of foreclosures. As an overview it's worth reading but if you are looking for a lot of details this book doesn't have them. This book did have some helpful forms & checklists to use when calling homeowners in foreclosure.

In Northern California all the foreclosure information is available from the title company including a copy of the original mortgage for the homeowners, property details, liens & recent comparable sales. Any real estate agent can get this information for free from the title company.

I wish this book had covered more details on the auction process as well as how to deal with the lenders for properties in foreclosure. He only briefly mentions the "due on sale" clause that some lenders have in their loan contracts and this is a big aspect of taking over the property from someone. The book is worth reading for a good overview of what's involved but further reading is needed to learn the step by step process.