Baltimore HUD Homes

The Complete Guide to Locating, Negotiating, and Buying Real Estate Foreclosures

This book is a comprehensive guide to using foreclosures for real estate investing. It is written for the novice, someone with no previous experience dealing with foreclosures (including a complete glossary of terms at the end of the book). The authors describe foreclosures in full detail, outlining the benefits, ways to avoid pitfalls, and many avenues to locating property. The books explains why sellers are motivated to unload property, and how you as the investor, can take advantage of that situation. It describes the foreclosure timeline, and indicates where you can invest at each step. It takes you through every aspect of the process, including the preparation for your investment, evaluating the property, ensuring funds for the purchase, and maintaining the property once you have acquired it. It also helps the investor to make the most of the property, in terms of profit, once it has been acquired.