Big Money in Real Estate Foreclosures (Paperback)

by Ted Thomas (Author) "Making profits from the purchase of distressed property is often a matter of how good you are at helping others out of trouble, understanding the..." (more)
Key Phrases: unit apartment bldg, equity purchaser, bringing the loans current, Grant Deed, New Growth Financial, Equity Purchase Agreement (more...)

Editorial Reviews

Product Description
Hundreds of people have paid Ted Thomas as much as $5,000 for the inside secrets, advice, and proven system you’ll find in this book! Big Money in Real Estate Foreclosures Now, Ted Thomas — America’s #1 expert on real estate foreclosures — shows you how to find and buy foreclosed properties, and sell them at extraordinary profits. This valuable guide delivers a proven system, one which people routinely pay $5,000 to hear about in Ted Thomas’s West Coast seminars. And it gives you the tools you need to approach any seller or enter any auction like a pro. Aided by real-life case studies and the actual contracts, reports, and ads he uses in his own transactions, Ted Thomas shows you how to:

• Find promising properties among a wide range of sources, including sheriff’s sales, IRS auctions, and bank-owned real estate (REOs)
• Understand contracts,titles, and deeds
• Negotiate with sellers and buyers to boost your profits
• Get financing and work with bankers
• Cost-effectively rehabilitate the property
• Target advertising to attract buyers
• And avoid pitfalls every step of the way!

From the Back Cover
Hundreds of people have paid Ted Thomas as much as $5,000 for the inside secrets, advice, and proven system you’ll find in this book! Big Money in Real Estate Foreclosures Now, Ted Thomas — America’s #1 expert on real estate foreclosures — shows you how to find and buy foreclosed properties, and sell them at extraordinary profits. This valuable guide delivers a proven system, one which people routinely pay $5,000 to hear about in Ted Thomas’s West Coast seminars. And it gives you the tools you need to approach any seller or enter any auction like a pro. Aided by real-life case studies and the actual contracts, reports, and ads he uses in his own transactions, Ted Thomas shows you how to:

• Find promising properties among a wide range of sources, including sheriff’s sales, IRS auctions, and bank-owned real estate (REOs)
• Understand contracts,titles, and deeds
• Negotiate with sellers and buyers to boost your profits
• Get financing and work with bankers
• Cost-effectively rehabilitate the property
• Target advertising to attract buyers
• And avoid pitfalls every step of the way!

See all Editorial Reviews

Product Details

• Paperback: 288 pages
• Publisher: Wiley (January 17, 1992)
• Language: English
• ISBN-10: 047154860X
• ISBN-13: 978-0471548607
• Product Dimensions: 10 x 7 x 0.8 inches
• Shipping Weight: 1.1 pounds (View shipping rates and policies)
• Average Customer Review: 3.8 out of 5 stars See all reviews (4 customer reviews)
• Amazon.com Sales Rank: #793,928 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

8 of 8 people found the following review helpful:

4.0 out of 5 stars I agree with [previous reviewer], September 22, 2002

By	Diggidy Dog 99 "Paul" (California, United States) - See all my reviews

... I have been studying Real Estate for about a year and I was always a little confused by all the different information concerning foreclosures , REOs, etc., and this book is helping to clear it all up. It's probably due to the way the author takes you through the different scenerios with actual examples. To teach it this clearly he obviously knows what he's doing. At [money] in the bookstore it's a bit pricey, but at the discounted Amazon price, I think it's a must have! ...

51 of 72 people found the following review helpful:

1.0 out of 5 stars Come on now..., January 7, 2000

By	J. Leary "jleary" (Northern Virginia) - See all my reviews (REAL NAME)

I read through this book in the store and did find it to have some good info, but the other review in here goes way overboard. It seems like this person is talking about the bible and not this book. The review states this book is "a must-read", "an invaluable learning tool, as well as a must-keep guide for future reference", "an inspiring (yet mindful of pitfalls) strategy-packed book", and "leaves you wondering why he revealed all his secrets. "

Listen, if this is the author or some friend of theirs making this review, please don't insult our intelligence by making such a blatantly false review. This book may have some merit, but it's not the best thing since sliced bread.

8 of 12 people found the following review helpful:

5.0 out of 5 stars A must read for all real estate investors, October 10, 2001

By	sarah huang (san jose. ca) - See all my reviews

This is the best book that i found so far. It is easy to read and easy to understand. Unlike other books, this one walks you through the process of buying a foreclosed property with actual cases, documents, guidelines and helpful tips for avoiding mistakes. It is like having an expert there with you. Don't take my words for it. Read it and find out how good it is.