Product Description

The ultimate foreclosure kit is here! Learn how to buy government instruments for a fixed and safe return of 16 percent or more. It's practically like investing without losing. Also learn how to buy properties below market value through tax foreclosures.

Product Details

• Amazon Sales Rank: #652047 in Books
• Published on: 2007-01-01
• Released on: 2007-01-08
• Binding: Paperback
• 112 pages

Review
Learn how to make a steady 16 percent or more on government instruments. Easy-to-read and a must have for the real estate library. --Library Weekly

Superb book that covers foreclosures in one week. --J. Ogoc, book reviewer

About the Author
Don Sausa is a real estate investor and has been investing in tax instruments as well as foreclosures throughout the United States.

Customer Reviews

Invaluable
One of the best books I've read on tax liens and tax deeds/government foreclosures. You don't buy this for bank foreclosures but for government foreclosures (which is often more common in some areas). I used this in time for Arizona auctions (occuring in late Jan and Feb) and so far the checklists and strategies hasn't done me any wrong. The maximum returns in Arizona is roughly 16% but you bid down to win. I was able to secure an average 13% on the tax lien instruments.

Some of the helpful things I liked were as follows:

(1) Online web resources that gave updates on upcoming tax auctions
(2) Tax lien calendar in the book that shows approx month each state holds their auctions.
(3) Easy to read and understand without any technical or law jargon.

Very effective.
The foreclosures covered in this book relates to tax deeds. Basically you could own properties for one tenth the price. The things I liked about this book were mainly that...

PROS:
a.) It's written by an investor. According to his bio page, he actually invests in tax liens and foreclosures. It's not a person who writes for a living and cares about proper grammar structures, but actually someone that has experience in what he's talking about.

b.) The book is for the average Joe. Some of the foreclosure books I've read took 3-4 chapters in before you learn anything. Some books don't even tell you how to do it, they just tell you how wonderful it is to be rich and being able to invest.

CONS:
a.) I think the web site for the book could be better designed. Not really a fan of white text on black background. But heck, it's free and you don't have to pay anything extra to get updates.

TABLE OF CONTENTS:
Day 1: Know The Types of Auctions
Day 2: Before You Start (Learn how to finance your investments, even from strangers online...)
Day 3: Where To Find Tax Auctions
Day 4: Research Before The Auction
Day 5: Bidding Types And Strategies
Day 6: Flipping Tax Deeds With Ease
Day 7: Conclusion

Good, but newer version is out
I would recommend this but there is a newer version of the Ultimate Foreclosure Kit, which is the Complete Guide to Real Estate Tax Liens and Foreclosure Deeds: Learn in 7 Days-Investing Without Losing Series by the same author. You should search by the ISBN number (0978834682) to find it. Found that out the hard way. I suggest getting only one of the books rather than both.