Customer Reviews

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

5 star:		(15)
4 star:		(2)
3 star:		(0)
2 star:		(1)
1 star:		(11)

 

 

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.

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.

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.

This great book by Wade Cook shows you how to make a fortune in foreclosures while saving the homeowners credit. Are you preying on misfortune or a helping hand? This book is the only foreclosure book that I have read that talks about helping people, not just profitting from them.Great book Wade.

Before reading and then applying the concepts in this great little book by Wade Cook, I too thought that the guy was a charlatan.

After following the great advice in this book, I was able to buy my first property. And it was easy! Now I am sold, sold, sold.

Also recommend Real Estate Money Machine, Real Estate for Real People and 101 Ways to Buy Real Estate with No Money Down all by Wade Cook.

This book is a lot like Suze Orman's 9 Steps pocket sized book - it covers a lot of information that you will not find anywhere else and actually works.

I'm sure that Wade could have written a huge book with generic advice like the other foreclosure authors do. Or fill it with a lot of fluff like the other authors. But then, Wade would have been just like the other authors and this book would lose i t's originality and value.

I followed Wade's advice and took advantage of the current economic downfall while helping other people save their credit.

Talk about WIN-WIN!

What a huge waste of money. Yes, it is a quick read. With short sentences. With little, if any, value. My husband and I are looking to get into the foreclosure market and this very expensive 100 page paperback book did nothing to enlighten us to the steps necessary to get started.
The book is so basic as to be useless. If you were to look at the table of contents, as I did, you would assume that there is a large amount to be learned...not so. The book is so generic and so simple that it really tells you absolutely nothing. I would very much like my money back...what a waste of time and energy reading this book.
Now, if you are looking for suggestions, Flipping Properties has been an interesting read, as well as 106 Mortgage Secrets All Homebuyers Must Learn (more for the homeowner than the investor, but still good info). These actually have information, not generic sentences that lead you nowhere...or to another book. Do not waste your time...

This is not just another foreclosure book written by a nobody. These are Wade Cook's innovative techniques that he personally used to amass a huge fortune.Highy recommended. Easy reading. But most importantly, it works.

This book is very poorly written. The author gives extremely vague descriptions of the foreclosure process. The "method" that he presents is little more than "hand waving" generalities, and buzzwords. He uses jargon freely without defining it, and compounds the confusion with grammatical and spelling errors.

The author proposes one solution to relieve the reader's confusion - buy more books and tapes! Every third page of this tract contains a plug for the author's seminar series and other books for his diverse areas of expertise.

This book is a "must miss" for anybody looking for serious information about real estate.

This is a small but very good book on how to work the foreclosure business. Don't judge this book but it's size. Who Moved My Cheese by Spencer Johnson is also a small book, not much bigger than this excellent book by Wade and has been a best seller and changed peoples lives for the last four years or so.

Wade cut his teeth in the real estate business. I like the fact that WADE IS OFFERING a system that has been tested and is based on his own experience. This is NOT a me too generic real estate book written by someone who has never done the business but is only a writer.

I am also glad to hear that Wade Cook is back after a sabattical. Looking forward to his next book coming out this spring.