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The Pre-Foreclosure Property Investor's Kit: How to Make Money Buying Distressed Real Estate -- Before the Public Auction Paperback – December 13, 2004
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More About the Author
In other words, I don't mince words, pull punches or holdback. I write what I mean, mean what I write, and standby what I've written. My unique writing style provides readers with a refreshing respite from the dry, dull, boring pap that's being published by most bloggers today.
And now on behalf of America's beleaguered real estate consumers, I've become their NAR Watchdog©! I'm totally focused on exposing the National Association of Realtors® [NAR], for the anti-real estate consumer trade association that it has always been!
The NAR continually misrepresents the qualifications of Realtors®, by falsely claiming that they're all highly-trained, well-experienced, and trustworthy professionals. And in their deceitful ads, the NAR tries to infer that Realtors® are somehow in the same league as brain surgeons, rocket scientists, and nuclear physicists. Nothing could be further from the truth, when you consider that the average Realtor® is a high school graduate at best.
But when it comes to buying and selling real estate, far too many real estate consumers today are uneducated, unsophisticated and unsuspecting. And that's exactly where my soon-to-be-published real estate consumer protection handbook, How To Avoid Being SCREWED By Predatory REALTORS® comes in. My user-friendly book contains up-to-date information, step-by-step instructions and No-Bullspit advice on exactly how real estate consumers can avoid being victimized by Predatory Realtors®!
When it comes to Realtors®, real estate consumers should, "Assume nothing, verify everything and be prepared for anything."--Thomas J. Lucier
Top Customer Reviews
The difference is important because distressed properties suggest run down stuff. When actually, a lot of preforeclosures are great houses and for one reason or another the owner no longer chose to pay for it.
Overall a good guide. Also on another note, I only buy books BY investors not marketing gurus or writers. Lucier is a REAL investor, with personal experience. Those are the type of authors you want to read from. Here are other books by REAL investors:
Profit by Investing in Real Estate Tax Liens: Earn Safe, Secured, and Fixed Returns Every Time by Loftis
Complete Guide to Real Estate Tax Liens and Foreclosure Deeds: Learn in 7 Days-Investing Without Losing Series by Sausa
FLIP: How to Find, Fix, and Sell Houses for Profit by Villani
The author suggests that you get to the properties before they reach foreclosure by doing your homework and locating the properties early. A letter writing campaign is his preferred method of contacting the foreclosees (is that a word???) and will follow up with subsequent letters should he not hear back from the homeowner.
In addition to step by step instructions for locating properties and acquiring them, Lucier gives a treasure trove of information which you can use along the way to help make your job easier. He includes literally hundreds of websites and even provides his email address to provide help to those who need it.
The book covers all the bases, however, it didn't leave me motivated. The author mentions all of the pitfalls and hard work required in this business and clearly doesn't try to mislead the reader into thinking it will be easy money. I appreciate the honesty, but must admit I won't be pursuing pre-foreclosures at this time. However, I haven't ruled it out for the future, and should I choose to do so, the book will serve as a great instructional manual in my quest.
Having invested in these properties, and being a real estate sales agent with investors looking for such properties, the search processes Thomas Luccier suggests to find these properties are good. I have been using them and a few others for several years now. His foreclosure letters are powerful...perhaps too intimidating. The spreadsheets are great, I have actually replaced a couple of mine with his!
Overall, I find the book usefull more so for a new investor, but valuable nonetheless even for experienced investors like myself. I'm sure I'll refer to it again in the future.
Most Recent Customer Reviews
I'd give more stars but I guess since this is a pretty old publication, the author's email address, his web site, and many links are no longer accurate. Kind of disappointing. Read morePublished 8 days ago by Marty
Great information in this book about foreclosure properties and the business of buying foreclosure. Very informative, I would definitely recommend to people that are going through... Read morePublished 8 months ago by Grand Finesse
One of the best books written on the subject. He knows what he is talking about. I wish he would expand on other Real Estate opportunities as well.Published 13 months ago by Alexander A.