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| How to Buy Foreclosed Real Estate: For a Fraction of Its Value | 
 enlarge | Author: Theodore J. Dallow
Publisher: Adams Media Corp
Category: Book
List Price: $9.95
Buy New: $0.01
You Save: $9.94 (100%)
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Avg. Customer Rating:  (19 reviews)
Sales Rank: 1130116
Languages: English (Original Language), English (Unknown), English (Published)
Media: Paperback
Number Of Items: 1
Pages: 152
Shipping Weight (lbs): 0.5
Dimensions (in): 6.5 x 5.3 x 0.5
ISBN: 155850026X
Dewey Decimal Number: 332.6324
EAN: 9781558500266
ASIN: 155850026X
Publication Date: January 1992
Availability: Usually ships in 1-2 business days
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| Editorial Reviews:
Product Description
In recent years, the real estate industry has undergone one of the most significant upheavals in its history. The editor of the popular professional newsletter Foreclosures covers every relevant topic and warns against the most common pitfalls--all in a way that's easy for the layperson to understand.
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| Customer Reviews: Read 14 more reviews...
 Good Starting Info March 25, 2007
The current state of the real estate market and looming foreclosures promises the foreclosure market will be booming in the near future. Now is a great time to start learning about this investment opportunity, and Dallow's book is a good place to begin. Dallow discusses the foreclosure process and provides in-depth info on these important subjects, among others:
Figuring out where to find properties for sale.
Assessing closing costs.
The need for a lawyer.
Calculating a good bid.
Estimating repair costs.
This is a good read. For more information on achieving financial success, you may want to read "The 17 Principles of Creating Wealth," by Phillip Collinsworth.
 Confusing but studded with gems here and there... December 4, 2004
10 out of 11 found this review helpful
The review stating this book is confusing in places is right on the money. I'm a second year medical student and still had to draw out diagrams and read some pages several times. The author is in Real Estate, not writing. That being said, there is a good deal to be learned here. I've read several "High Energy" Real Estate books that gloss over the potential difficulties to investing, but this book HIGHLIGHTS them and steers you clear. The recommendations about "Deed In Lieu of Foreclosure" and REOs are terrific. I would recommend this book simply on the merit of a realistic outlook to Real Estate investing.
One caveat, I own no Real Estate myself and still am in the education phase of investing, so I cannot comment on real world applicability. If you are interested in other books that have more conservative view of Real Estate, try Investing In Real Estate, 4th Edition and How to Succeed and Make Money with Your First Rental House by Douglas A. Keipper. These are very good and provide many details.
Much better than more popular books October 2, 2004
8 out of 8 found this review helpful
I don't know what the negative reviewers have read to call this book vague or undetailed. It is the MOST step-by-step, complete guide to understanding the foreclosure process and buying foreclosures available. And it doesn't rely on shady, unethical methods that attempt to hoodwink distressed homeowners and fool banks in "subject to" agreements which can put the unsuspecting investing novice into very hot water. The methods in this book are straightforward, legal, and even ethical. If you are looking at buying foreclosures to buy a home to own, to get a great deal and move up in the world, or to invest, BUY THIS BOOK!!
How to Buy Foreclosed Real Estate by Darrow August 22, 2004
9 out of 9 found this review helpful
The author explains classic reasons for foreclosures.
i.e. marital discord He indicates that deeding a property
to the new owner can be simpler than going through the many
details of the foreclosure process. Tax sales provide a
perspective owner with the right to acquire a property when the
1-2 year statutory period for redemption has tolled. HUD homes
can be purchased for the title cost and recording the deed.
The author cautions us to inspect the property thoroughly and
do a title search. In addition, it is critical to isolate
critical repairs which can add significant value to a property.
The book is worth the price charged if you are patient and
willing to implement the techniques explained by the author.
Not Very Detailed January 31, 2004
6 out of 7 found this review helpful
This is very average book. It will help you a little bit but it doesn't give you all the info you need to make such a risky decision. It skims through, not giving much detail on process, nor explaining how to make a profit. The set up of the book is pretty confusing. Doesn't seem to flow, it jus jumps around & will make you confused. The one good thing about the book is that it does do a very good job on giving you the pit-falls of investing in a foreclosed property. That's the biggest asset of this book, I think!
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