 | | |
| Goldmining in Foreclosure Properties | 
 enlarge | Author: George Achenbach
Publisher: John Wiley & Sons
Category: Book
List Price: $24.95
Buy New: $0.45
You Save: $24.50 (98%)
Buy New/Used from $0.45
Avg. Customer Rating:  (13 reviews)
Sales Rank: 1132314
Languages: English (Original Language), English (Unknown), English (Published)
Media: Paperback
Edition: 4th
Number Of Items: 1
Pages: 244
Shipping Weight (lbs): 1.3
Dimensions (in): 11 x 8.5 x 0.7
ISBN: 0471329347
Dewey Decimal Number: 332.63243
EAN: 9780471329343
ASIN: 0471329347
Publication Date: March 1999
Availability: Usually ships in 1-2 business days
|
| Editorial Reviews:
Book Description
"Your 'Between Two Houses' ideas for finding deals is one of the best ideas in any real estate book I've ever read."?Sarah Lopez, Houston, Texas. "My brother and I are doing this part time and so far we've made over $100,000 apiece in a little over two years."?Edgar Cole, Hartford, Connecticut. "We made money on our first Goldmining deal to take care of all the costs on our second Goldmining home (which we are living in). Thanks."?Stan Londski, Colton, Connecticut People all across the country are raving about George Achenbach's bestselling Goldmining in Foreclosure Properties series. Isn't it time you found out why? With this expanded Fourth Edition, the expert in foreclosure properties reveals how you can use a few simple techniques to profit from distress properties, while at the same time help troubled owners save their credit rating. Combining proven strategies with twenty-five years' experience, Achenbach takes you step-by-step through the entire foreclosure process: from the first notice of default to the foreclosure sale or auction to the final disposition of the profit-making property. Everything you need to become a specialist in the field of distress properties is here, including sample forms, worksheets, checklists, and real-life examples, as well as procedures to follow, evaluation techniques, and negotiating tips. There are even suggestions on leasing homes, creating rental income, saving on taxes, and avoiding pitfalls. Additionally, a new chapter gives advice on adding a second floor after buying at auction. Whether you're a first-time buyer or a seasoned investor, this comprehensive, money-making guide will show you everything you need to succeed at any stage of the distress property cycle, including: - Procedures for locating distress properties.
- Financial analysis techniques on evaluating property and making the right offer.
- Bidding successfully at auctions.
- Effectively dealing with lenders when the property goes REO.
- How you can benefit from reselling property quickly.
- Negotiating tips for dealing with new purchasers and profitably transferring titles.
- Generating rental income, capital appreciation, and tax savings through property leasing.
|
| Customer Reviews: Read 8 more reviews...
 Not relevant -not worth your money January 11, 2006
2 out of 2 found this review helpful
Frankly put, the information and examples contained in this book were probably relevant in 1999 when the book was published, but after 2000 many of the examples and principles became irrelevant in our changing economic world. Real estate became the sexy investment of choice, new types of mortgage products became available and owners and renters alike became much more sophisticated. The author talks about buying houses for $36,000!!! Perhaps in the early 1980's, but not anymore--especially not in California which is where most of his real estate dealmaking took place.
Save your money and purchase another real estate book on pre-foreclosure prospecting, or the financials of property ownership. It will be money well spent.
Don't waste your money December 10, 2004
2 out of 5 found this review helpful
The material is out-of-date. This book only talked about a little bit about everything on foreclosure. don't waste your money.
 Foreclosure is not an easy subject, but this is a keeper... January 17, 2003
14 out of 14 found this review helpful
George Achenbach, has written other real estate books under the names Val Cabot and Lee Crown. He has been a builder of 7,000 houses and a buyer of foreclosed properties. He tells of his sucesses as well as his unsucessful ventures into the foreclosure world. His book has pictures of and descriptions of the various foreclosure cases with which he has been involved. His book is written from the prespective of somebody who actually worked foreclosures for many years. This is not the easiest area of real estate investment to work, but through deligence and perserverance the rewards can be extremely lucrative. There are other books on foreclosure, but I can't think of any that are as good. Over 50,000 copies of this book have been sold and with good reason. There are a lot of PRETENDERS in the foreclosure field with books and course that have high promises and little substance. George Auchenbach is the REAL Deal. He's done foreclosure investing for many years and has written an easy to read layman book on foreclosure.
My only criticism is that some aspects are dated. The cases in the book stretch back over the 30+ year career of the author and therefore some of the dollar amounts and the years of the transactions are old. However the principles and lessons learned from the author's experiences are timeless. This is best book on foreclosure that I've read, but I'm still looking for something better, that perfect book. If I could I would have rated it 4.5 stars. I recommend this book to anyone interested in buying foreclosure real estate.
Vague, outdated info August 25, 2002
4 out of 19 found this review helpful
This book reminds me of the joke "How to Make a Million Dollars and Never Pay Taxes". Step 1: First you get a million dollars.All the info was about that useful.
This Book is a Goldmine of Information! August 29, 2001
2 out of 10 found this review helpful
Very informative and well written, great resource for foreclosure knowledge.
|
|
|
Powered by Associate-O-Matic
| | |