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The complete idiot's guide to buying foreclosures

Author: Bobbi Dempsey; Todd Beitler
Publisher: New York, N.Y., U.S.A. : Alpha, ©2008.
Edition/Format:   Print book : English : 2nd edView all editions and formats
Summary:
Find the sound investments among the foreclosures. Covering both bank-owned and government-owned properties, this book focuses on helping buyers distinguish between good foreclosure investments and those plagued with liens and other pitfalls. Readers will learn about the benefits of buying foreclosures; foreclosure timeline and process; the different types of foreclosures; finding pre- foreclosed properties;  Read more...
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Document Type: Book
All Authors / Contributors: Bobbi Dempsey; Todd Beitler
ISBN: 9781592577217 1592577210
OCLC Number: 191672561
Notes: Includes index.
Description: xxii, 360 pages : illustrations ; 24 cm
Responsibility: Bobbi Dempsey and Todd Beitler.

Abstract:

Find the sound investments among the foreclosures. Covering both bank-owned and government-owned properties, this book focuses on helping buyers distinguish between good foreclosure investments and those plagued with liens and other pitfalls. Readers will learn about the benefits of buying foreclosures; foreclosure timeline and process; the different types of foreclosures; finding pre- foreclosed properties; important pre-purchase pitfalls; buying at an auction; and more. The national residential foreclosure rate rose to from 1 to 1.23% (of all mortgages) by the end of 2003?the biggest jump in 30 years Foreclosures are expected to increase as interest rates rise and monthly payments on short-term variable rate and interest-only loans begin to follow.

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