Product Description

Discover Hard-to-Find Foreclosures at Rock Bottom Prices!

Foreclosures are the ultimate bargain, and there's never been a better time for you to cash in on the booming foreclosure market. Imagine the thrill of buying a house, vacation home or investment property for as little as half price-some are discounted even more!

Until now, foreclosures were difficult to find and even harder to buy. Most of the great deals were hidden, purchased early in the pre-foreclosure stage by in-the-know professional investors before they ever made it to a public foreclosure list.

Not any more. Real estate experts Danielle Babb and Bill Nazur have leveled the playing field by making this once-privileged information available to you. Armed with their significant knowledge of the foreclosure market and notable expertise in using revolutionary internet tools recently made available to the general public, you'll have everything you need to find and buy your dream property.

You'll learn how to:

• Spot foreclosures before other investors
• Find amazing deals in the pre-foreclosure stage
• Identify great properties using powerful but easy-to-use internet tools
• Negotiate with sellers and win auctions with exclusive strategies
• Estimate market value and secure funding

The insider information these foreclosure specialists divulge on how to find, value, negotiate and win is your key to the inner circle and will put you on the inside track to saving big money.

Product Details

• Amazon Sales Rank: #223265 in Books
• Published on: 2007-06-22
• Number of items: 1
• Binding: Paperback
• 320 pages

About the Author
Danielle Babb is an investor and specialist on using technology in real estate. She gained recognition as an IT leader in real estate at several Fortune 500 real estate companies.

Bill Nazur is a mortgage broker with more than 20 years of experience at lenders such as Bank of America and Washington Mutual. He finances more than 200 clients every year.

Customer Reviews

dont waste your money
The book is poorly organized and does not offer any useable information. Very light on detail.

Besides these very real problems, are you really thinking about taking advice from a so called "real estate professional"? These are the very same people that advised you to take out an adjustabe rate mortgage. The same people who created the bubble and lined their own pockets at your expense.

Don't waste your money on this book.

Unless you are an out of work "real estate professoinal" - then by all means, this book is for you.

RealtyTrac Recommened in Book Could be a Ripoff
After reading the book, I came away with a little bit better understanding of the foreclosure process but it did little for me in practical application. They have a big push at the end of the book for the website RealtyTrac.com which they claim is the best on the web yet they say they have no vested interest in this site. Being skeptical by nature I did a review of the RealtyTrac.com website and found most everyone was moderately to severly displeased with the site. Here is one link which actually seems to think the site has illegal implications. http://www.oregonherald.com/n/special-eports/real_estate/realtytrac.htm This does not give me great confidence in these authors if their highly recommended website for finding foreclosures is so disliked. Do your own search on Realtytrac and see. I admit I never subscribed to the site because of was afraid of wasting my money.

Mixed Review for Finding Foreclosures
Overall this book is quite helpful in explaining the foreclosure process, with tips on how to find foreclosures and how to be prepared in order to act quickly when pursuing foreclosure property. There's a helpful glossary of terms, great links to useful sites, and a balanced look at the upside and possible downsides of this type of investing.

What's lacking, in my opinion, is a clear explanation of the economics of buying foreclosures. In this regard, I feel like the book is a little too inside, even for this licensed real estate agent. The authors seem to assume that everyone understands the basics of aggressively leveraging equity in order to invest. One chapter about this would make all the difference.

My biggest gripe is the poor editing. The book is riddled with typos and sometimes poor composition. It feels very much like a first draft, and this fact, for me, eroded a little bit from the authors' sizable credibility. Lack of attention to detail makes it feel like the authors are only out to make a quick buck.

If you're interested in finding and investing in foreclosure properties, this book is a great primer. Just be prepared to do your homework, learn from your mistakes, and ask lots of questions. Also, be sure you have a good understanding of actual financing and risk. It's still a good buy.