Goldmining in Foreclosure Properties (eBook)

George Achenbach (Autor)

eBook Download: PDF

2004 | 5. Auflage
272 Seiten
John Wiley & Sons (Verlag)
978-0-471-48140-9 (ISBN)

Infos

Start Building Wealth Today by Investing in Distressed
Properties!

Combining proven strategies with nearly thirty years' experience in
real estate, author George Achenbach takes you step by step through
the entire foreclosure process-from the first notice of default to
the foreclosure sale or auction to the final disposition of the
property. Everything you need to know to purchase and profit from
distress properties is here, including sample forms, worksheets,
checklists, and real-life examples, as well as procedures to
follow, evaluation techniques, and negotiating tips. There are even
suggestions on leasing homes, creating rental income, saving on
taxes, and avoiding pitfalls. Additionally, a new chapter covers
the pros and cons of bankruptcy and highlights the latest proposed
changes in the law such as the homestead exemptions and needs-based
rules.

Goldmining in Foreclosure Properties shows investors and first-time
buyers how to take advantage of one of the most profitable
investment opportunities in the world with expert guidance
on:

* Procedures for locating distressed properties

* Financial analysis techniques for evaluating property and making
the right offer

* Bidding successfully at auctions

* Effectively dealing with lenders when the property goes REO

* How you can benefit from reselling property quickly

* Negotiating tips for dealing with new purchasers and profitably
transferring titles

* Generating rental income, capital appreciation, and tax savings
through property leasing

Autor

GEORGE ACHENBACH is President of a private venture capital and income property investment company. As a graduate engineer, he started ten businesses and built more than 7,000 homes and apartments, as well as many commercial and industrial projects. He has spent almost thirty years buying and selling properties using the techniques presented in this bestselling book.

Inhalt

Introduction.

1.Your Place in the Distress Property Cycle.

2. Where's the Gold?

3. Some Commonly Asked Questions.

4. The Rules and the Players.

5. Overall Strategies and Procedures.

6. Between Two Houses.

7. Stage I: Before Legal Action Begins.

8. Stage II: After Legal Action Begins.

9. Negotiating with Troubled Owners.

10. Negotiating with Lenders.

11. Inspecting the Property.

12. Closing the Deal with Troubled Owners.

13. Stage III: Auction Time.

14. Stage IV: REOs and Repos.

15. Selling for Maximum Profits.

16. Upgrading with Major Improvements.

17. Being a Real Estate Investor.

18. The Time of Your Life.

19. Dealing with Bankruptcy Cases.

Glossary of Real Estate Terms.

Appendix: Selections from the California Civil Codes.

Index.

Produkt-Details

• Erscheint lt. Verlag: 10.5.2004
• Sprache: englisch
• Themenwelt: Sachbuch/Ratgeber ► Beruf / Finanzen / Recht / Wirtschaft ► Geld / Bank / Börse
• Themenwelt: Recht / Steuern ► Wirtschaftsrecht
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Rechnungswesen / Bilanzen
• Themenwelt: Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Immobilienwirtschaft
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
• Schlagworte: Business & Management • Immobilien u. Grundbesitz • Property & Real Estate • Wirtschaft u. Management
• ISBN-10: 0-471-48140-8 / 0471481408
• ISBN-13: 978-0-471-48140-9 / 9780471481409