How to Buy Foreclosed Real Estate: For a Fraction of Its Value

The current state of the real estate market and looming foreclosures promises the foreclosure market will be booming in the near future. Now is a great time to start learning about this investment opportunity, and Dallow's book is a good place to begin. Dallow discusses the foreclosure process and provides in-depth info on these important subjects, among others: Figuring out where to find properties for sale. Assessing closing costs. The need for a lawyer. Calculating a good bid. Estimating repair costs. This is a good read. For more information on achieving financial success, you may want to read "The 17 Principles of Creating Wealth," by Phillip Collinsworth.

I don't know what the negative reviewers have read to call this book vague or undetailed. It is the MOST step-by-step, complete guide to understanding the foreclosure process and buying foreclosures available. And it doesn't rely on shady, unethical methods that attempt to hoodwink distressed homeowners and fool banks in "subject to" agreements which can put the unsuspecting investing novice into very hot water. The methods in this book are straightforward, legal, and even ethical. If you are looking at buying foreclosures to buy a home to own, to get a great deal and move up in the world, or to invest, BUY THIS BOOK!!

The author explains classic reasons for foreclosures. i.e. marital discord He indicates that deeding a property to the new owner can be simpler than going through the many details of the foreclosure process. Tax sales provide a perspective owner with the right to acquire a property when the 1-2 year statutory period for redemption has tolled. HUD homes can be purchased for the title cost and recording the deed. The author cautions us to inspect the property thoroughly and do a title search. In addition, it is critical to isolate critical repairs which can add significant value to a property. The book is worth the price charged if you are patient and willing to implement the techniques explained by the author.

this book like a lot of other books on foreclosure guides you through a step by step proccess from start to finish, however in this book the author does not get to full of himself he just gives you the steps in easy to understand language without embellishing on all their personal deals. thisbook is about you.

I worked in a Real Estate law firm for almost 3 years doing evictions and foreclosures, I would recomend this book to anyone who is facing foreclosure or is intersted in buying a foreclosed property. While it doesn't get into specifics for each state, it gives you answers that most home-owners and home-buyers need to know.