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Foreclosures Archives

Short Sale Rush

Short Sale Rush – A How-to Guide for Nonperforming Assets, is a controversial book about the biggest Ponzi scheme in U.S. Housing. It was written by an expert, Marian Anthony, a former mortgage executive and founder of a nonprofit mortgage hotline. Anthony suggests that qualified buyers can take possession of abandoned homes, following the provisions in Section 702 of Barack Obama’s Helping Families Save Their Homes Act. Using a Bona Fide lease agreement (paying fair market rents), buyers can contribute rent capital to the bank that holds the paper. This works as a recovery mechanism for banks and default borrowers. Most important, it helps protect homeowners from further losses of home and community values. Many homes are intentional

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Price: $ 13.16

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The Pre-Foreclosure Property Investor’s Kit: How to Make Money Buying Distressed Real Estate — Before the Public Auction

  • ISBN13: 9780471692799
  • Condition: New
  • Notes: BUY WITH CONFIDENCE, Over one million books sold! 98% Positive feedback. Compare our books, prices and service to the competition. 100% Satisfaction Guaranteed

Pre-foreclosure real estate is one of the hottest investment opportunities on the market.

The Pre-Foreclosure Property Investor?s Kit offers step-by-step instruction and no-nonsense advice on how to find great deals, estimate fair market value, negotiate with sellers, sell your property on your own, and win big in real estate. You?ll learn how to get the best deals on foreclosure properties before they go to auction and utilize simple ready-made worksheets, checklists, forms, and agreements that make getting started easy. Even people of modest means can get into pre-foreclosure investing—all it takes is a little hard work, persistence, and the tools you’ll find in this handy guide.

Rating: (out of 213 reviews)

List Price: $ 24.95

Price: $ 7.99

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Laws, Lists, Leads, Lis Pendens…What is all this and why do I need to know about it?

Every state has a set of its own unique laws governing foreclosures and it’s  your responsibility to know what they are.

Interested in Foreclosures? Here are a couple of sources that will allow you

to track them in their various stages, in the various states. Check out all of these resources,familiarize

yourself with the laws in your state and  bookmark the page to return to as needed.

If you’re new to Foreclosures and you’re wondering what all the fuss is about,

I’ve listed the 3 Stages of Foreclosure Listing for you here.

he 3 Stages of Foreclosure Listings
Foreclosures are a process of up to three different stages (Pre-Foreclosures, Auctions, Bank Owned/REO) which timeline varies state by state.

You can read your State Foreclosure Laws Here
United States Foreclosure Law from Foreclosurelaw.org


Stage 1: Pre-Foreclosures
(Also known as: Notice of Defaults and Lis Pendens.)

You contact the current property owner to buy their house before they lose it to foreclosure auction.

Stage 2: Auctions
(Also known as: Trustee Sale Auctions, Sheriff Sales, and Courthouse Sales.)

You can either contact the current owner to buy their house before they lose it to foreclosure auction –

or you can buy the house at the foreclosure auction sale.


Stage 3: Bank Owned/REO
(
Also known as: Foreclosures Bank Owned, Bank Foreclosures, Foreclosed Homes, HUD Foreclosures, and

Government Foreclosures.) You contact the foreclosing lender to buy the house from that lender after it has

been foreclosed.

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