Download Buying Foreclosed Properties: Secrets to Success & Pitfalls of R.E.O.S AudioBook Free
E.H. Sinclair does the surprising in this publication: he points out the pitfalls to avoid in R.E.O. (foreclosed Real Estate Owned by lenders) making an investment, and also shows strategies that the infomercial hucksters use while exploiting the work of the customers of expensive get rich in real real estate materials to find properties to flip. Sinclair shows how to work smart instead of spending so much time: the chapters include important tips how to beat the chances against being successful in purchasing standard bank owned foreclosures. Partial list of the material:
- Reasons to buy distressed properties
- Structuring favorable conditions
- Causes of foreclosures
- Timing the purchase
- During the publication process
- Buying the loan
- The trustee's sales
- After the trustee's sales (REO);
- Finding REOs
- Realtors specializing in REOs
- Computerized record services
- REO Internet resources
Free seminars offered to the general public that also assure to provide the funds for guests to get foreclosures are exploiting customers to do something as canvassers, allowing those lecture promoters to utilize the techniques discussed in the audiobook to take over the deals found by their canvassers and encouraging to allow them to share in the profits - if so when the purchased property is in fact rehabilitated and sold, of which time the promoters' exaggerated fees will leave very little for the attendee who made the initial connection with the property. For the time being, the attendee is made to consider how much anticipated revenue has been made, purely reinforced by the puffed-up estimate of a quick sales at the expected high sales price. Former attendees or stars then appear in a commercial talking about how exactly easy it was and exactly how much they made on the first deal. The information in this audiobook tells how to go around the seminar hucksters, find your own REOs, negotiate with the finance institutions, and complete deals.
