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Cover image for The all-new real estate foreclosure, short-selling, underwater, property auction, positive cash flow book : your ultimate guide to making money in a crashing market
Title:
The all-new real estate foreclosure, short-selling, underwater, property auction, positive cash flow book : your ultimate guide to making money in a crashing market
Personal Author:
Publication Information:
Hoboken, NJ. : Wiley 2009
Physical Description:
xiii, 264 p. ; 24 cm.
ISBN:
9780470455869
General Note:
Includes index.
Added Author:

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30000010212214 HD1382.5 H69 2009 Open Access Book Book
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Summary

Summary

Praise for How to Sell Your Home Without a Broker "On a scale of 1 to 10, this book is a 10." --Robert Bruss

Jump into the real estate game--and win big!

Home values are crashing and foreclosures are way up. You might think this is a terrible time to get into the real estate market--but you'd be wrong! A crashing real estate market offers plenty of opportunity to profit, if you know how to change your strategy and adjust to the new market reality.

In The All-New Real Estate Foreclosure, Short-Selling, Underwater, Property Auction, Positive Cash Flow Book, top real estate investors and authors Chantal and Bill Carey show you how to get in safely and get out profitably. They present four new strategies for taking advantage of today's high foreclosure rate and explain how to invest for the long-term as the market resets to more realistic levels. Novice investors will find plenty of strategies for profiting without risking all they have, and old hands will find new, unconventional techniques that will help them continue to profit even if the market continues to struggle.

Inside, you'll learn how to:

Combine short-term and long-term investing strategies for cash flow today and tomorrow Buy mortgages in foreclosure at rock-bottom short-sale prices Avoid dealing with lenders by using the seller as your banker Utilize the right type of real estate auction for your investment needs Maximize your cash flow for big profits now and in the future Prepare yourself to profit from rising prices and near-term inflation

Whether you're a first-timer or an experienced real estate pro, this is the ultimate guide to getting into the real estate market safely and cheaply--and getting out rich!


Author Notes

CHANTAL HOWELL CAREY, a member of Zonta International, has handled hundreds of millions of dollars in real estate sales and management as a broker, consultant, investor, and trustee.

BILL CAREY, also a member of Zonta International, is a former director of the San Diego Association of REALTORS® and the California Association of REALTORS®. The Careys are also the authors of Make Money in Abandoned Properties, Make Money in Short-Sale Foreclosures, and Make Money in Real Estate Tax Liens, all from Wiley.


Table of Contents

Preface
Introduction
Part 1
Chapter 1 The Real Estate Market has Crashed
Prices of all 20 major metropolitan areas are spiraling downward
Chapter 2 Make Money Investing in a Crashing Real Estate Market
Use a quick cash and a long term wealth building strategy
Chapter 3 Foreclosures, Foreclosures, and Foreclosures
One in every 464 households nationally will receive a foreclosure notice
Chapter 4 The New Foreclosure Tactics
Stop buying at the white elephant sales (the courthouse steps)
Chapter 5 Inside the Loss Mitigation Department
The twelve factors a lender will consider before accepting your short-sale offer
Chapter 6 Your Short-Sale Offer
There are no oral agreements in real estate
Chapter 7 Presenting Your Short-Sale Offer and Closing the Transaction
Present your short-sale offer and close the transaction
Chapter 8 Buying the Mortgage in Foreclosure
Buy the mortgage in foreclosure at a short-sale price
Part 2
Chapter 9 Sellers are the New Bankers
In a crashing real estate market sellers are the new bankers
Chapter 10 Win Going In
You must buy for the right price and with the right terms
Chapter 11 No Doubt Getting Out
You must sell with the right terms and for the right price
Chapter 12 Auctioning Your Property for Top Dollar
Auctioning is the best way to sell your property in a crashing market
Chapter 13 Types of Auctions
There is a type of real estate auction to fit your investment needs
Chapter 14 The Who, When, and How of Auctioning
Retail buyers are your target market for buying at your auction
Chapter 15 Buy Low and Sell Lower
Make money even when the market is going down
Chapter 16 Cash-and-Cash-Flow is King
In a crashing real estate market cash-and-cash-flow is king
Chapter 17 The Future of the Real Estate Market
Inflation is in the pipeline. God bless inflation!
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