How to Buy Bank-Owned Properties for Pennies on the Dollar

A Guide To REO Investing In Today's Market

De: Jeff Adams

Narrado por: Dennis Holland

Buy bank-owned properties at fire-sale prices! Banks and lending institutions own more than one million foreclosed properties, more are in the foreclosure pipeline. Banks desperately want to get these properties off their balance sheets, but there aren't enough buyers. The result is a soft real estate market with prices investors and homeowners may not see again in their lifetime.

In recent years many bargain-hunting investors and homebuyers made the mistake of trying to get foreclosure prices via short sales and pre-foreclosure - before the bank reclaimed the property. They've been burned by endless delays and uncertainty of the messy foreclosure process. With bank-owned properties, that's over. You deal directly with a motivated seller - the bank - and get the foreclosure price without the hassles and complexity of a short sale or pre-foreclosure. This book shows you how to negotiate the best possible terms with the real estate owned (or REO) department of a bank or lender, including step-by-step instructions and no-nonsense advice on finding great deals, estimating fair market value, and closing the deal. You don't need a ton of cash, because REO investing at fire-sale prices is affordable for almost any investor or homebuyer.

Provides detailed, step-based guidance on buying REO properties. Written by a super-successful REO investor with 15 years of experience.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2011 Jeff Adams (P)2012 Audible, Inc.

Excellent

Great book is inspirational and educational.
Very useful for beginners .
Lots of very useful information

Out Dated

The information seemed outdated and not that informative. Hard listening and hard to stay with the information.

Not the best. Annoying narration.

As a property investor with two properties under my belt and always looking to learn and invest more, I found this book only okay. I picked up a couple tips but most of this information is common sense. The narration was terrible. There are lots of website references and this books for at cites the references in the text rather than at the end and the narrator literally reads the websites letter by letter. It makes the audible a little tough to get through. This one isn’t on my must read/listen too list for investors. If I had the hard copy it would be in the donate back pile. Win some, lose some.

No useful information

There is sooo much repetition im this book. The authors story gets repeated so many times along with other people he mentions. He brags about how much he made and how much the others made. What he does not do is give you actual steps with resources. Doesn't mention anything technical about about forms or who to go to for the forms or how to know which ones you need. It was a real waste of time, I know this book is outdated, but I was hoping to get at least one important piece of information. Seems like he wrote the book to say that he wrote a book.