Make Money in Short-Sale Foreclosures: How to Bypass Owners and Buy Directly from Lenders

Description

MAKE MONEY IN SHORT-SALE FORECLOSURESForeclosures are the most profitable way to invest in real estate. But most real estate books on foreclosures don't tell you how to invest in short-sale foreclosures--properties with even more profit potential than regular foreclosures. A short-sale foreclosure is a lender accepting a loan payoff for less than the amount owed. This comprehensive new guide from renowned real estate authors Chantal and Bill Carey covers all the ins and outs of short-sale foreclosure investing, from finding properties to negotiating with lenders, to closing the deal and making a bundle. Inside you'll find all the information you need to succeed:* Finding great short-sale foreclosure deals* Dealing with owners in financial distress* When to buy short-sale foreclosures* Creating equity in foreclosure properties* Writing successful short-sale offers* FHA, VA, and private mortgage insurance short-sales* Purchasing short-sale properties at auction* Understanding escrow, closing, and title insurance* Flipping short-sale properties