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| Goldmining in Foreclosure Properties | 
 enlarge | Author: George Achenbach
Publisher: John Wiley & Sons
Category: Book
List Price: $24.95
Buy New: $0.46
You Save: $24.49 (98%)
Buy New/Used from $0.46
Avg. Customer Rating:  (13 reviews)
Sales Rank: 958598
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
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| Customer Reviews:
 Useful, solid, no-hype information. This book is worth it. November 27, 2000
45 out of 45 found this review helpful
No one book is perfect. Read as much as you can before putting your money at risk, but do NOT exclude this book. It is the best of at least 10 that I've read recently. This is an author who's really done it, over and over. He gives details of his own examples in buying and selling, carrying paper, renting and rehabing. He's creative and honest. This is a hands-on, non-theoretical approach. There's absolutely no hype and he spends zero time trying to convince you how great he is (or how much you need to buy this or that seminar/tape/etc.) This book is straight forward, good information about finding and buying distressed properties, then rehabing or renting or selling or creative deal-making with them for profit. Some of the information seems slightly dated and many of his examples were deals probably not so recent. The book has some typos and reversed photos (of the condo where the house discussion is and vica-versa). Nonetheless, I never felt a lack of relevance in the material. Its not perfect, but its very good.
 Some good ideas but not enough questions answered September 30, 1999
33 out of 35 found this review helpful
While the writer has some good ideas on putting together a process on buying foreclosures, he does not answer many of the crucial questions someone new to the field has. 1) How clean is the title when delivered by a foreclosing bank? 2) How to conduct a reliable appraisal. (he spends 1-2 pages on the in the whole book)Good ideas but there have got to be better books that answer the important questions.
YOU'LL LEARN SOMETHING BUT NOT ENOUGH TO START June 2, 1999
23 out of 26 found this review helpful
CERTAIN SECTIONS COULD HAVE BEEN WRITTEN MORE CLEARLY. THE SERIES OF EVENTS LEADING TO A FORECLOSURE WAS DIFFICULT TO FOLLOW.AFTER READING THE BOOK, I STILL DIDN'T GET A CLEAR IDEA HOW CLEAN THE TITLE WILL BE AT EACH STAGES OF THE FORECLOSURE PROCESS. THE BOOK MENTIONED THAT CERTAIN STATES USE DEEDS WHILE OTHERS USE MORTGAGES. BUT IT DIDN'T TELL YOU WHAT YOUR STATE FALLS INTO THUS WHICH PROCEDURE TO FOLLOW NEXT. IF YOU FOLLOW HIS METHODS FOR SEARCHING OUT THE PROPERTIES, YOU'LL PROBABLY HAVE TO DO THIS ON A FULL TIME BASES. AT CERTAIN STEPS, I'LL RATHER PAY FOR CERTAIN SERVICES TO SIMPLIFY THINGS. THE BOOK DOES HAVE MANY USEFUL TECHNIQUES ESPECIALLY ON PERSON TO PERSON CONTACT AND NEGOTIATION SKILLS.
Must Read for Anyone Serious About Real Estate Investment May 29, 1999
9 out of 9 found this review helpful
No one book can teach you everything you need to know about buying foreclosures and real estate investment, but this book covers the basics in a straight forward manner. I read the third edition which is somewhat dated, but the examples are usefull is showing how many ways there are to structure a deal. As someone who actively buys foreclosed properties, I recommend this book.
 An Excellent Start in REAL ESTATE January 27, 1999
2 out of 4 found this review helpful
His step by step guide leads the first time forclosure buyer easily through the process. Even with some dated information in the book, the process was still simplified using the stated advice. A STRONG REFERENCE POINT FOR ANY ONE IN OR BEGINING FORCLOSURES.
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