Making money in short-sale foreclosures

Making money in short-sale foreclosures

by Chantal Howell Carey, Chantal Howell-Carey, Bill Carey

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MAKE MONEY IN SHORT-SALE FORECLOSURES Foreclosures are the most profitable way to invest in real estate. But most real estate books on foreclosures don't tell you how to invest in short-sale foreclosures--properties with even more profit potential than regular foreclosures. A short-sale foreclosure is a lender accepting a loan payoff for less than the amount owed. This comprehensive new guide from renowned real estate authors Chantal and Bill Carey covers all the ins and outs of short-sale foreclosure investing, from finding properties to negotiating with lenders, to closing the deal and making a bundle. Inside you'll find all the information you need to succeed: Finding great short-sale foreclosure deals Dealing with owners in financial distress When to buy short-sale foreclosures Creating equity in foreclosure properties Writing successful short-sale offers FHA, VA, and private mortgage insurance short-sales Purchasing short-sale properties at auction Understanding escrow, closing, and title insurance Flipping short-sale properties

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