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Make Millions with Foreclosures and Short Sales; Secrets on How to Profit From a Real Estate Crisis [Paperback]

Sebastian Acosta (Author), Chris McLaughlin (Author)
4.8 out of 5 stars  See all reviews (11 customer reviews)


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Book Description

April 1, 2011
THE BEST-KEPT SECRET IN THE FORECLOSURE INDUSTRY IS NOW AVAILABLE IN THIS BOOK! Few people would have anticipated that the Subprime crisis would have shaken the U.S. economy so strongly. This crisis has led to numerous banks closing and close to one million people loosing their homes to foreclosure. The question is what can you do as an individual investor to make money in these hard times? Foreclosure investors are gobbling up properties at incredible discounts all across the nation. Many banks are practically giving away their foreclosed properties in order to stabilize their portfolios. Why shouldn t you take advantage of these great financial opportunities? This book is a step-by-step manual that teaches you how to profit from this current downturn in the real estate market. You begin by learning how to build a solid business model by putting together the right team. You will learn how to locate, negotiate with the owners and the banks and profit before these properties ever reach public auctions. Savvy real estate experts believe that the majority of the best deals are obtained at the preforeclosure stage. The key point that differentiates this book from other foreclosure investment guides is a strong focus on how to perform profitable short sales. A Short Sale is a sale of a property in which the proceeds fall short of what the owner still owes on the mortgage. This book provides you with: - The most complete and updated list of contact phone numbers of the forbearance and foreclosure departments for US banks. This will save you time and money when performing short sales/ preforeclosure deals as they are not easy phone numbers to get. -Includes graphics to explain the foreclosure timeline process -Teaches you how to write the perfect hardship letter to the bank -Tips on negotiating with banks. What exact words to use and how to handle the whole process the same way the top Short Sale companies in the country do it -Locate great properties -Build a solid team and a long lasting business model -Ethically help people in foreclosure situations and at the same time profit from it


Editorial Reviews

Review

Good job with your book, very inspiring stuff, congrats! --Davide Giardino, Economist, Societe General Economist London School of Economics I've purchased other short sales courses in the past, and even paid a 2000 usd course with some Short Sale; Guru in New York. This book has much more for information and more detail thank any of those courses. After reading Making Millions with Foreclosures and Short Sales, I was amazed by the easy-to-read, detailed information the book contained at such a low cost. The explanations and checklists, educated me on how it all works. Finally, me and my partners understand short sales and have the materials and information we need to move forward in our real estate investing career. --John Pla

Good job with your book, very inspiring stuff, congrats! --Davide Giardino, Economist, Societe General Economist London School of Economics

I've purchased other short sales courses in the past, and even paid a 2000 usd course with some Short Sale; Guru in New York. This book has much more for information and more detail thank any of those courses. After reading Making Millions with Foreclosures and Short Sales, I was amazed by the easy-to-read, detailed information the book contained at such a low cost. The explanations and checklists, educated me on how it all works. Finally, me and my partners understand short sales and have the materials and information we need to move forward in our real estate investing career. --John Pla

Good job with your book, very inspiring stuff, congrats! --Davide Giardino, Economist, Societe General Economist London School of Economics

I've purchased other short sales courses in the past, and even paid a 2000 usd course with some Short Sale; Guru in New York. This book has much more for information and more detail thank any of those courses. After reading Making Millions with Foreclosures and Short Sales, I was amazed by the easy-to-read, detailed information the book contained at such a low cost. The explanations and checklists, educated me on how it all works. Finally, me and my partners understand short sales and have the materials and information we need to move forward in our real estate investing career. --John Pla

About the Author

Sebastian Yang Acosta -Mr Acosta is a successful investor, real estate agent and entrepreneur. He personally owns and operates a large portfolio of properties in Florida, all purchased using his unique foreclosure system. -Chris McLaughlin Americas Top Real Estate Attorney wrote the preface. As the top Florida foreclosure and pre-foreclosure expert, he oversees more than 100 short sale & REO closings each month * Owner of one of Florida's largest Real Estate firms,running 4 different offices, supporting over 400 agents.

Product Details

  • Paperback: 144 pages
  • Publisher: Venture Realty of North Florida; 1st edition (April 1, 2011)
  • Language: English
  • ISBN-10: 0615198287
  • ISBN-13: 978-0615198286
  • Product Dimensions: 10.8 x 8.3 x 0.5 inches
  • Shipping Weight: 11.2 ounces
  • Average Customer Review: 4.8 out of 5 stars  See all reviews (11 customer reviews)
  • Amazon Best Sellers Rank: #775,688 in Books (See Top 100 in Books)

More About the Author

Sebastian Acosta (1976-20__) grew up in California, London UK and Bogota. Currently resides in Miami, FL. Highly respected speaker, investor and business book author in the real estate arena. Has been working in Real Estate since a youngster with his grandfather, father and his uncles who are all developers. Works with Venture Realty NFL. His first book was Karma in Business (2003). His second book is Make Millions with Foreclosures and Short Sales (2008). This last book has been a huge hit ever since it hit the market due to the current real estate crisis. Studied Finances, Government and International Relationships in Externado University of Colombia. Fluent in spanish, english, portuguese and french.
Enjoys art, watersports, boating, hiking, dancing, writing & reading. He is also involved in many charity organizations with special dedication to saving the marine life and also educating children in poor countries around the globe. He has also helped out hundreds of homeowners in distress in the US to help them avoid foreclosure.

 

Customer Reviews

11 Reviews
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Average Customer Review
4.8 out of 5 stars (11 customer reviews)
 
 
 
 
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12 of 14 people found the following review helpful:
5.0 out of 5 stars Making Money, April 13, 2008
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This review is from: Make Millions with Foreclosures and Short Sales; Secrets on How to Profit From a Real Estate Crisis (Paperback)
As a small real estate investor I didn't believe that I would have the resources that would allow me to profit in a large manner in this type of real estate market. This book really changed my conception of how much money I could make during this real estate crisis. The information in this book was easy to understand and allowed me to begin immediately to search for homes in the pre-foreclosure stage. I would highly recommend this book for people who are looking to enter the real estate field and also for the seasoned investor.
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11 of 13 people found the following review helpful:
5.0 out of 5 stars Excellent Short Sales Technique Book AAA++++, July 22, 2008
This review is from: Make Millions with Foreclosures and Short Sales; Secrets on How to Profit From a Real Estate Crisis (Paperback)
A simple easy to read book. Even the starting real estate investor can take advantage of this manual. I am in the field of Real Estate for many years and was always afraid to get into short sales because I had heard it was a lot of work. A short period of time after reading this book me and my husband are already finalizing our first Short Sale deal with our neighbours property and will be making a very good return by laying down a very small ammount of capital.

I have to be sincere here, I was a bit confused with the title and thought it would just be another "how to get rich book", nevertheless I was wrong, the author really gives you very good tips. I really loved how he makes a huge emphasis on caring about other people and how this is the secret to success in the foreclosure business.

Something else I was very impressed with, was the section about how to lower the price of the property by ethically influencing the appraisal or BPO (Broker Opinion Value). Awesome book! Probably the best out there that is in the field of short sales and preforeclosure investing. AAA++
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7 of 8 people found the following review helpful:
5.0 out of 5 stars Only real estate investing book up to date for what is happening now, July 23, 2008
This review is from: Make Millions with Foreclosures and Short Sales; Secrets on How to Profit From a Real Estate Crisis (Paperback)
What I found very interesting about this book is that it is up to date as to what the lender requirements are for short sales. It explains what to do step by step to be able to have a positive outcome with the financial institutions.

The worksheets and all the tips throughout the book are very well thought out and explained.

This book shows investors how to take advantage of one of the most profitable investment opportunities out there. It seems like many people have decided to not pay attention to short sales because they think it could be to much work but this book illustrates in a very precise way exactly how to make money with a very small ammount of effort and no headaches.
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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
foreclosure investing, foreclosure property, realtor fees, foreclosure properties, facing foreclosure
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Fair Market Value
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
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