Cashing in on Pre-foreclosures and Short Sales. Investing in real estate can be daunting, confusing, overwhelming and outright
intimidating to first timers; especially as it relates to pre-foreclosures and short sales. However, in his book about the same, Author Chip Cummings provides investors with an inside look and exact guide on how to maneuver the sometimes murky waters of foreclosures.
It's as you've heard...pre-foreclosures and short sales are great ways to make money, even by current homeowners struggling with a still sluggish, but improving economy.
However, a good foundation is needed - there are some basics to become familiar
with...and Chip Cummings hands them to you in this book.
Distinguishing the difference between good and bad deals and how to find them; and evaluating and obtain foreclosure properties are two major tools he discusses.
Plus, he outlines how to properly and profitably negotiate transactions, and the power of short sales and other strategies.
Cummings' information can give even first-time buyers the competence and confidence to pursue a profitable deal.
The book utilizes advice and quotes from professionals in the real estate industry, an appendix that includes state and national foreclosure guidelines, contacts, websites, sample forms, checklists, and all the necessary tools to find, evaluate, secure and profit from foreclosure properties. It's a veritable goldmine of information.
Understanding when, what, where, how and why to buy is key to avoiding critical and costly mistakes; which is why I recommend this book.
Cummings teaches a better understanding of:
Image of Foreclosure House courtesy of Stuart Miles at FreeDigitalPhotos.net