Customer Reviews

Short-Sale Pre-Foreclosure Investing: How to Buy "No-Equity" Properties Directly from the Bank -- at Huge Discounts

5 star:		(34)
4 star:		(3)
3 star:		(1)
2 star:		(0)
1 star:		(3)

 

 

The book does a "decent" job discussing the "big picture" of short sales to someone that has little knowledge of the subject. However, someone looking for an investment strategy in short sales with exact steps layed out to follow and duplicate would be disappointed in this read. A lot is left for the reader to figure out on their own. For example, with respect to marketing for potential sellers, the idea of mailing postcards is discussed, which is good, however, there is little instruction/advice on how to put together an effective mailing list or what the postcard should even say. Also, there is little "real life" information regarding the exit strategies of short sales. The book discusses using an "assignment" as an exit strategy, however, most if not all lenders will not approve purchase contracts that have an assignable clause included. Therefore, this exit strategy is not effective. The book briefly discusses "subject to" transactions and fails to mention that when taking title to property "subject to" an existing mortgage staying in place, this is a direct violation of the "due on sale" clause, in which the original lender now has the right to call the loan due in full. In my opinion, this is another example of how the book lacks certain information that a reader should be told.

This book is a must read for anyone in this business or for anyone wanting to get in this lucrative business. With the market the way it is today, the timing of this release couldn't be better. Their book guides you step by step to empower you to make your deals. I would highly recommended this book for both the experienced and especially for all beginners. I wish I could have read it when I first started. It would have saved me a lot of grief and money.

I love this book and the fact that Dwan and Sharon were so kind to include forms that I could download and uses in my business. More bang for my buck. I have their Short Sale and Wholesale programs and closed my first real estate deal using their system. Simply put, IT WORKS!!! I've seen many other programs and none of them come close to explaining the "how to's" in a step by step manner as they do. I highly recommend their books and programs.

All the information was very straight forward. It didn't exactly reveal any new tips but if you don't have any experience with short sales it is excellent information for the money.

This book covered the subject short sales in rather general terms. In my view, it is at an introductory level. If you have accomplished several short sales (10+) then the material covered here will offer limited value.

- My business partner and I took a short sale seminar from Dwan and Sharon a little over 5 years ago that literally changed our lives. We have closed hundreds of deals and made millions of dollars. Trust me, they know what they are talking about and have the right information you need. This is a must read if you are serious about becoming financially independant. Gary Prescott, Tampa, Fl.

This book has opened my eyes to assist the disparate homeowner, who is stuck in debts and can't see a way out.
By identifying the owner's situation and making it clear to him or her of their situation, you now have a step by step solution to assist and at the same time be rewarded. Following these steps will will save the owner from the anticipated bankruptcy and lower FICA scores. The owner can faster get up and get back to life. Makes me feel really good.

Both ladies are well respected in the REI industry and the content of their latest book is awesome. I'm glad I bought it!

Short-Sale Pre-Foreclosure Investing: How to Buy "No-Equity" Properties Directly from the Bank -- at Huge Discounts
When I first met Dwan 3 things came to mind about her: She is Strong, knows what she needs to do and she is very Humble. The same goes for when I met Sharon. What they teach is what is best first and foremost for the homeowner. Yes, you may be investing for a living, but if you place the homeowner first before the dollar sign you will be blessed for it. Upon purchasing their book we received a free live class and so much more. The book is easy to read and straight forward.I believe all the knowledge put in this book will help me continue to go forward and achieve my goals. Thanks Dwan & Sharon for taking your time to write this book for us.

I was impressed by the direct, straight talk in Dwan's recent book. This is a timely instruction manual for anyone interested in investing in real estate in today's market. She is specific as she walks you through your education and gives many easy to understand examples for doing a short sale. An excellent reference book.

I also loved the integrity that comes through in this book! L Simons