{"product_id":"short-sale-pre-foreclosure-investing-how-to-buy-no-equity-properties-directly-from-the-bank-at-huge-discounts-paperback-softback-9780470290309","title":"Short-Sale Pre-Foreclosure Investing; How to Buy \"No-Equity\" Properties Directly from the Bank -- at Huge Discounts (Paperback \/ softback) 9780470290309","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eShort-Sale Pre-Foreclosure Investing\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eHow to Buy \"No-Equity\" Properties Directly from the Bank -- at Huge Discounts\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eDwan Bent-Twyford (Author), Sharon Restrepo (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780470290309, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback \/ softback, published 18 July 2008\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e240 pages, Charts: 40 B\u0026amp;W, 0 Color; Photos: 6 B\u0026amp;W, 0 Color\u003cbr\u003e22.9 x 15.4 x 1.8 cm, 0.304 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eLearn all about short-sales, the hottest topic in today’s real estate investing market, with \u003ci\u003eShort-Sale Pre-Foreclosure Investing: How to Buy \"No-Equity\" Properties Directly from the Bank -- at Huge Discounts\u003c\/i\u003e. Understand how to buy properties at big discounts, creating windfall profits. Using this guide, you can access information about a topic that 90% of real estate agents and investors know nothing about. Discover how to make huge profits from the banks’ misfortune, how to help homeowners in foreclosure while helping yourself, and how to stay on the cutting edge of the down market.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eDownloadable Forms ix\u003c\/p\u003e \u003cp\u003eAcknowledgments xi\u003c\/p\u003e \u003cp\u003eIntroduction xiii\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Get Motivated, Set Goals, Get Started 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA Short-Sale Case Study—with a $200,000 Profit 2\u003c\/p\u003e \u003cp\u003eGetting Motivated 6\u003c\/p\u003e \u003cp\u003eSetting Goals 7\u003c\/p\u003e \u003cp\u003eAccomplishing Your Goals 9\u003c\/p\u003e \u003cp\u003eThis Is a Business, Not a Hobby 10\u003c\/p\u003e \u003cp\u003eDealing with Naysayers 10\u003c\/p\u003e \u003cp\u003ePersonal Appearance 12\u003c\/p\u003e \u003cp\u003eSetting Up Your Office 13\u003c\/p\u003e \u003cp\u003eStructuring Your Business 14\u003c\/p\u003e \u003cp\u003eReady to Do Business 16\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 What Is a Short-Sale? An Executive Summary of How to Negotiate with the Bank and the Homeowner 19\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhy Do I Need to Do a Short-Sale? 20\u003c\/p\u003e \u003cp\u003eWhy Do Banks Accept Short-Sales? 21\u003c\/p\u003e \u003cp\u003eHow Much Do You Offer the Bank? 23\u003c\/p\u003e \u003cp\u003eSuccessful Short-Sales Start with the Homeowner 33\u003c\/p\u003e \u003cp\u003eFinancial Agreement with the Homeowners 33\u003c\/p\u003e \u003cp\u003eHow Much Should You Pay the Homeowner to Move? 35\u003c\/p\u003e \u003cp\u003eSetting the Move-Out Date 36\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Expert Strategies for Finding Distressed Properties and Foreclosures 39\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBuying Bank-Owned Properties for Pennies on the Dollar 39\u003c\/p\u003e \u003cp\u003eNewspaper Ads 43\u003c\/p\u003e \u003cp\u003e“I Buy Houses for Cash\" Street Signs 44\u003c\/p\u003e \u003cp\u003eNetworking 44\u003c\/p\u003e \u003cp\u003ePostcards 45\u003c\/p\u003e \u003cp\u003eMagnetic Vehicle Signs 45\u003c\/p\u003e \u003cp\u003eBail Bondsmen 46\u003c\/p\u003e \u003cp\u003ePawnshops 46\u003c\/p\u003e \u003cp\u003eMore Deal-Finding Favorites 49\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 How to Approach the Homeowners and Create a Win-Win Solution 51\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUnderstanding Why Homeowners Want to Work with You 52\u003c\/p\u003e \u003cp\u003eBuilding Courage to Knock on Doors 53\u003c\/p\u003e \u003cp\u003eFriendly Negotiations with the Homeowners—What to Say and What You Need from Them 54\u003c\/p\u003e \u003cp\u003eEstablishing Rapport over the Phone 57\u003c\/p\u003e \u003cp\u003eKnock on Doors Like a Pro 57\u003c\/p\u003e \u003cp\u003eHelping Homeowners Understand Their Options 59\u003c\/p\u003e \u003cp\u003eDeed in Lieu of Foreclosure 64\u003c\/p\u003e \u003cp\u003eChapter 13 Bankruptcy 65\u003c\/p\u003e \u003cp\u003eFinal Thoughts 65\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Preparing Your First Offer 69\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAuthorization to Release Information 75\u003c\/p\u003e \u003cp\u003eGoing to Contract 79\u003c\/p\u003e \u003cp\u003eHardship Letter 88\u003c\/p\u003e \u003cp\u003ePictures 98\u003c\/p\u003e \u003cp\u003eInvestor Cover Letter 99\u003c\/p\u003e \u003cp\u003eComps That Justify Your Offer 101\u003c\/p\u003e \u003cp\u003eNet Sheet 105\u003c\/p\u003e \u003cp\u003eEstimated List and Cost of Repairs 107\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 How to Approach the Bank 113\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHow to Get the Bank Interested in Talking to You 114\u003c\/p\u003e \u003cp\u003eWhat the Bank Wants from an Investor 114\u003c\/p\u003e \u003cp\u003eHow to Get Through to a Stonewalling Lender 115\u003c\/p\u003e \u003cp\u003ePresenting Your Short-Sale Offer to the Bank 115\u003c\/p\u003e \u003cp\u003eThe Asset Manager’s Role 119\u003c\/p\u003e \u003cp\u003eWorking with the Portfolio Representative Directly 121\u003c\/p\u003e \u003cp\u003eGetting Your Short-Sale Assigned to a Loss Mitigation Rep 121\u003c\/p\u003e \u003cp\u003eAdditional Information the Bank May Require 122\u003c\/p\u003e \u003cp\u003eMy Offer Is Submitted—Now What? 127\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Negotiating with a Second or Third Mortgage Holder 131\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eYour Conversation with the Second Lender 136\u003c\/p\u003e \u003cp\u003eVariations on a Theme 139\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Key Elements of the Legal Process You Must Understand 145\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUnderstanding Ownership versus Debt 146\u003c\/p\u003e \u003cp\u003eForeclosure Process 149\u003c\/p\u003e \u003cp\u003eTypes of Liens 152\u003c\/p\u003e \u003cp\u003eTypes of Mortgages and Loans 155\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 When the Bank Says Yes 159\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHow Do I Buy More Time? 162\u003c\/p\u003e \u003cp\u003eHow Does the Homeowner Buy More Time? 163\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Three Profit-Making Exit Strategies: Wholesaling, Rehabbing, and Renting 169\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Wholesale Path 170\u003c\/p\u003e \u003cp\u003eThe Rehab Path 173\u003c\/p\u003e \u003cp\u003eSelling the Home 180\u003c\/p\u003e \u003cp\u003eThe Rental Path 180\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Setting the Closing Date and Making Sure the Closing Goes Smoothly 183\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA Successful Closing 185\u003c\/p\u003e \u003cp\u003eWhat If My Homeowners Change Their Minds? 186\u003c\/p\u003e \u003cp\u003eWhat If My Buyers Change Their Minds? 189\u003c\/p\u003e \u003cp\u003eClosing with the Assignment of Contract 191\u003c\/p\u003e \u003cp\u003eDouble or Simultaneous Closings 196\u003c\/p\u003e \u003cp\u003eAre Double Closings Illegal? 198\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 First-Year Expectations 201\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHow You Can Become Rich without Going to College 204\u003c\/p\u003e \u003cp\u003eWhat We Did to Get Here 205\u003c\/p\u003e \u003cp\u003eWhat You Can Expect in Your First Year 207\u003c\/p\u003e \u003cp\u003eThinking Like a Millionaire 208\u003c\/p\u003e \u003cp\u003eIndex 209\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52276161741080,"sku":"9780470290309","price":17.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9780470290309.jpg?v=1781364636","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/short-sale-pre-foreclosure-investing-how-to-buy-no-equity-properties-directly-from-the-bank-at-huge-discounts-paperback-softback-9780470290309","provider":"Freshly Printed Books","version":"1.0","type":"link"}