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Buying Real Estate Foreclosures (Paperback)

~ Melissa S. Kollen (Author) "A foreclosure action is the legal procedure that a lender initiates to reclaim ownership and possession of a property after the borrower fails to repay..." (more)
Key Phrases: bid specification worksheet, delinquent homeowners, foreclosing lender, Fannie Mae, Freddie Mac, The Basics of Buying Foreclosures (more...)
3.8 out of 5 stars  See all reviews (31 customer reviews)
List Price: $16.95
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BUYING REAL ESTATE FORECLOSURES 3/E BUYING REAL ESTATE FORECLOSURES 3/E 3.8 out of 5 stars (31)
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Buying Real Estate Foreclosures + The Complete Idiot's Guide to Buying Foreclosures, 2nd Edition + The Pre-Foreclosure Property Investor's Kit: How to Make Money Buying Distressed Real Estate -- Before the Public Auction

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Editorial Reviews

Review

..".want to buy a house or other real estate below market volue? If so, read this book."


Product Description

Increasing numbers of homeowners nationwide are defaulting on their mortgages and forfeiting their property. As a result, as much as $4 billion in residential real estate will be sold at auction this year. Buying Real Estate shows readers how to find and fianance real estate bargains from banks, S & Ls, public auctions, government agencies, and many more sources. Contains worksheets, checklists, and contact directories.
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Product Details

  • Paperback: 224 pages
  • Publisher: McGraw-Hill Trade (September 1, 1991)
  • Language: English
  • ISBN-10: 0070358184
  • ISBN-13: 978-0070358188
  • Product Dimensions: 9.1 x 6 x 0.6 inches
  • Shipping Weight: 11.2 ounces (View shipping rates and policies)
  • Average Customer Review: 3.8 out of 5 stars  See all reviews (31 customer reviews)
  • Amazon.com Sales Rank: #1,232,707 in Books (See Bestsellers in Books)

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More About the Author

Melissa S. Kollen-Rice
Discover books, learn about writers, read author blogs, and more.

› Visit Amazon's Melissa S. Kollen-Rice Page
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
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Inside This Book (learn more)
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First Sentence:
A foreclosure action is the legal procedure that a lender initiates to reclaim ownership and possession of a property after the borrower fails to repay the loan in accordance with the contractual terms. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
bid specification worksheet, delinquent homeowners, foreclosing lender, successful high bidder, foreclosure purchasers, opening bid amount, delinquent owners, financing foreclosures, bid summary sheet, purchasing foreclosures, unpaid mortgage balance, buying foreclosures, rental permit, specification worksheets, repaired condition, additional liens, upset price, remaining mortgage balance, outstanding mortgage balance, monthly rental income, foreclosure action, delinquent borrower, first mortgagee, traditional purchase, competitive bidding system
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Fannie Mae, Freddie Mac, The Basics of Buying Foreclosures, Standard Operating Procedure, After Contract, Bay Shore Avenue
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Customer Reviews

31 Reviews
5 star:
 (19)
4 star:
 (2)
3 star:
 (2)
2 star:    (0)
1 star:
 (8)
 
 
 
 
 
Average Customer Review
3.8 out of 5 stars (31 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

 
29 of 33 people found the following review helpful:
1.0 out of 5 stars Save your money, July 18, 2000
By A Customer
The real problem with this book is its misinformation, (i.e. being able to inspect houses before Trustee sales and being able to purchase foreclosed property at auction with a 10% down payment)...WHAT GARBAGE, everyone knows that foreclosed property is sold as is and you need all cash at the trustee sales to purchase, no financing! Otherwise it would be listed in the MLS and selling at market value. Don't believe the hype of easy money, there are always risks involved, afterall, anything that is worthwhile to have is going to take some work to get! This author is in a fantasy world and wants company. The reason I am giving this book "1" star and not a "0" is because it contains a few remnants of helpful information, but not enough to offset its faults and justify a purchase. Save your money and avoid!
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18 of 21 people found the following review helpful:
5.0 out of 5 stars Best Foreclosure Book I Have Found, July 22, 2003
By A Customer
This review is from: Buying Real Estate Foreclosures (Paperback)
This book is the best of the best. Melissa's experience and practical advice are amazing. Don't waste your money on those TV informercial people like I did. For less than $..., this book will give you everything you need and more.
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8 of 8 people found the following review helpful:
5.0 out of 5 stars Five Stars!!!!, April 24, 2006
This review is from: Buying Real Estate Foreclosures (Paperback)
This is simply the best book on foreclosures that I have found. I know a lot about real estate because I have owned my own real estate office for the last 14 years and own several properties. I love reading real estate books and this one is GREAT. The book was very well written and very well researched.

EXCELLENT
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Most Recent Customer Reviews

5.0 out of 5 stars Good book for a beginner with questions
With foreclosures, it seems, on every street of the nation, now may be a good time to start shopping for a home through a foreclosure. Read more
Published 11 months ago by Jeri Nevermind

4.0 out of 5 stars I don't know what I don't know yet.
Although I have my Florida Real Estate License (which needs to be updated), I've never bought or sold investment properties or any other type of Real Estate. Read more
Published on August 12, 2007 by Dextra L. Suggs

3.0 out of 5 stars Ok f or a place to start
Was very basic and general, but a good overall summary of the process. If your looking for more info than that I would suggest finding a more extensive book. Read more
Published on June 19, 2007 by T. Lopez

5.0 out of 5 stars Really Good Read
Excellent book! I book is full of very useful information. Everyone can can find several useful items in this book, no matter how much knowledge you have.
Published on May 3, 2007 by C. Davis

5.0 out of 5 stars Good financing chapter
This book has excellent chapters on how to finance your investments in foreclosures or bank-owned properties. Read more
Published on February 5, 2007 by Matt Bresee

5.0 out of 5 stars A Decent Read
This book was a decent read. I found other books to be better, but I was not unhappy that I bought it.
Published on January 12, 2007 by B. Jones

5.0 out of 5 stars GOOD BOOK ON FORECLOSURES
I've read a few books on foreclosures and this is one of those that would make the grade. Definitely a good quick guide on how to get them through either auction or banks. Read more
Published on November 21, 2006 by John Miano

5.0 out of 5 stars Fantastic Book
I have read many books on the subject and I think this is the best. It was very well written and has helpful information for the novice and expert.

A great buy!!
Published on July 6, 2006 by Glen Reith

5.0 out of 5 stars Really Great Book
The author is obviously very knowledgeable about foreclosures. I found that this book had a very straightforward approach to investing in foreclosures. Read more
Published on March 22, 2006 by Jon Franklin

5.0 out of 5 stars Very Enlightening
Thankfully I listened to the people that gave it 5 stars. This is not only a very well written book, it is packed with relevant information. Read more
Published on February 15, 2006 by John Miller

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