Foreclosure Fortunes [ePub]

by Jack Miller

How to make a fortune with the upcoming wave of foreclosures. Discusses the economics and fundamentals of how various foreclosure auctions work and the mechanics of how to protect your cash investment.

For the past year or so, especially in the wake of the 9/11 bombing, America has witnessed an combination of events that have brought about one of the greatest foreclosure markets in the past twenty five years. For almost the entire decade of the 80s and 90s, Americans at virtually all income levels have participated in an economic boom of unprecedented proportions. More people have had good jobs than ever before; many of them at the highest income levels in history.

We have all been living in larger and more expensive homes, buying more luxurious cars, wearing more fashionable designer clothing, been able to indulge ourselves with more expensive hobbies and recreational activities. As we faced brighter economic futures fueled by lower costs of energy, taxes and interest, we had fewer qualms about taking on more debt. The result is that both consumer and commercial debt loads rose at unprecedented levels and kept on rising with each new purchase.

Table of Contents:

WHY FORECLOSURE SALE OPPORTUNITIES ARE ON THE RISE
EASY FINANCING FOR MARGINAL CREDIT RISKS
LOW RATES MAKE HIGHER PRICED HOUSES ACCESSIBLE
WEAK BORROWERS GOT DOWN PAYMENT ASSISTANCE
RISING UNEMPLOYMENT HIT ALL INCOME LEVELS
LENDERS ARE VOLUNTARILY WRITING DOWN LOANS
JUNIOR LIEN LEAVE EQUITY ON THE TABLE AT SALES
SOURCES OF FUNDING FOR BUY/SELL OPERATIONS
TOO MUCH CASH + TOO FEW BORROWERS = LOW RETURNS
THOSE FLEEING THE STOCK MARKET WANT HIGHER YIELDS
PENSION FUNDS AND IRAS NEED TO RECOVER LOSSES
INVESTORS ARE TURNING TO REAL ESTATE
FANTASTIC OPPORTUNITIES FOR REAL ESTATE OPERATORS
PENSION PLANS AND IRA TRUSTS CAN PROVIDE LOANS
LONG TERM INVESTORS AREN'T BEING LEFT BEHIND
UPGRADES CAN ADD 20% TO NET WORTH PER YEAR
PREPARING FOR FORECLOSURE SALES
PRE-SALE ACTIVITIES
WORKING WITH TITLE COMPANIES TO CHECK OUT LIENS
CHECKING OUT HOUSES AND ESTIMATING PROFITS
PLAN YOUR WORK, THEN WORK YOUR PLAN
QUICK SALE STRATEGIES FOR "TURNING" HOUSES
CREDIT APPROVAL IS THE KEY TO QUICK SALE PROFITS

04.07.2017

Download

FormatSourceLink
EPUBZippyShare
PDFRapidShare
TXTUploadCare
PDFFile-Upload
FB2FileStack
Back to Top