Download How to Buy Bank-Owned Properties for Pennies on the Dollar: A Guide to REO Investing in Today's Market AudioBook Free
Buy bank-owned properties at fire-sale prices! Finance institutions and lending corporations today own several million foreclosed properties, more are in the foreclosure pipeline. Finance institutions desperately need to get these properties off their balance bed linens, but there aren't enough buyers. The result is a gentle market with prices investors and homeowners may not see again in their life span. Lately many bargain-hunting investors and homebuyers made the blunder of looking to get foreclosure prices via short sales and pre-foreclosure - prior to the bank reclaimed the property. They've been burnt by unlimited delays and doubt of the untidy foreclosure process. With bank-owned properties, that's over. You offer immediately with a stimulated sellerthe bankand obtain the foreclosure price minus the hassles and intricacy of a brief sale or pre-foreclosure. This booklet demonstrates how to negotiate the best possible terms with the true estate had (or REO) department of a loan company or lender, including step-by-step instructions and no-nonsense advice on finding great deals, estimating reasonable market value, and shutting the offer. You don't desire a ton of cash, because REO making an investment at fire-sale prices is affordable for every investor or homebuyer. Provides complete, step-based guidance on buying REO properties. Compiled by a super-successful REO investor with fifteen years of experience.
