Product Description
Discover Hard-to-Find Foreclosures at Rock Bottom Prices! Foreclosures are the ultimate bargain, and there’s never been a better time for you to cash in on the booming foreclosure market. Imagine the thrill of buying a house, vacation home or investment property for as little as half price-some are discounted even more! Until now, foreclosures were difficult to find and even harder to buy. Most of the great deals were hidden, purchased early i… More >>
Finding Foreclosures: An Insider’s Guide to Cashing in on This Hidden Market
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Overall this book is quite helpful in explaining the foreclosure process, with tips on how to find foreclosures and how to be prepared in order to act quickly when pursuing foreclosure property. There’s a helpful glossary of terms, great links to useful sites, and a balanced look at the upside and possible downsides of this type of investing.
What’s lacking, in my opinion, is a clear explanation of the economics of buying foreclosures. In this regard, I feel like the book is a little too inside, even for this licensed real estate agent. The authors seem to assume that everyone understands the basics of aggressively leveraging equity in order to invest. One chapter about this would make all the difference.
My biggest gripe is the poor editing. The book is riddled with typos and sometimes poor composition. It feels very much like a first draft, and this fact, for me, eroded a little bit from the authors’ sizable credibility. Lack of attention to detail makes it feel like the authors are only out to make a quick buck.
If you’re interested in finding and investing in foreclosure properties, this book is a great primer. Just be prepared to do your homework, learn from your mistakes, and ask lots of questions. Also, be sure you have a good understanding of actual financing and risk. It’s still a good buy.
Rating: 3 / 5
After reading the book, I came away with a little bit better understanding of the foreclosure process but it did little for me in practical application. They have a big push at the end of the book for the website RealtyTrac.com which they claim is the best on the web yet they say they have no vested interest in this site. Being skeptical by nature I did a review of the RealtyTrac.com website and found most everyone was moderately to severly displeased with the site. Here is one link which actually seems to think the site has illegal implications. http://www.oregonherald.com/n/special-eports/real_estate/realtytrac.htm This does not give me great confidence in these authors if their highly recommended website for finding foreclosures is so disliked. Do your own search on Realtytrac and see. I admit I never subscribed to the site because of was afraid of wasting my money.
Rating: 3 / 5
Book was very informative on current housing market in Southern California and all over the United States. Enjoyable to read, book was set up as reference guide, data was easy to refer to. Finding Foreclosures is a wealth of knowledge that will educate and enable you to take advantage of real estate investments. Before you start your search, I highly recommend reading Finding Foreclosures: An Insiders Guide to Cashing in on This Hidden Market.
Rating: 5 / 5
If you want to find out how foreclosures REALLY work, then this is the book you should have. There are plenty of resources out there, but this is the most comprehensive and straight forward. If you are a novice, then I would certainly recommend that you don’t take a single step prior to reading this book. If you are a seasoned investor, then this book can still show you what you may have been doing wrong.
Authors Babb and Nazur obviously have insider knowledge to the foreclosure market. If you’re serious about investing and making real money, then spend the time to read this book.
Rating: 5 / 5
Finding Foreclosures, written by “insiders” Babb and Nazur, is a must if you’re interested in making money in the current market of foreclosures. I knew very little about foreclosures before I picked up this book but now feel well informed about the foreclosure process, how to find properties while in the pre-foreclosure stage, negotiate the deal, and use the Internet to my advantage. The book is easy to read with helpful boxes, “Finding the Facts” and “Authors Notes,” to provide examples and zero in on useful information. Get in the know and buy this book today!
Rating: 5 / 5