Whether you're looking to buy foreclosed property as an investment-or as your dream home, The 250 Questions Everyone Should Ask About Buying Foreclosures provides you with the essential questions and answers including how to:\ \ Decide if a foreclosure purchase is right for you\ Learn the foreclosure rules particular to your state\ Find thousands of property listings before anyone else\ Place the perfect bid at auctions\ Buy properties during various stages of the foreclosure process\ Get an...
Whether you're looking to buy foreclosed property as an investment-or as your dream home, The 250 Questions Everyone Should Ask About Buying Foreclosures provides you with the essential questions and answers including how to:Decide if a foreclosure purchase is right for youLearn the foreclosure rules particular to your stateFind thousands of property listings before anyone elsePlace the perfect bid at auctions Buy properties during various stages of the foreclosure processGet an initial investment together This one-of-a-kind guide will explain everything you need to know to get in on-and profit from-this lucrative real estate opportunity. Lita Epstein, MBA, excels at translating complex financial topics critical to people's everyday life. She has more than a dozen books on the market, including The 250 Questions You Need to Ask to Avoid Foreclosure, Streetwise(r) Crash Course MBA, Streetwise(r) Retirement Planning, and Alpha Teach Yourself Retirement Planning in 24 Hours. She was the content director for the financial services Web site MostChoice.com and managed the site Investing for Women. She also wrote TipWorld's Mutual Fund Tip of the Day in addition to columns about mutual fund trends for numerous websites. She lives in Poinciana, FL.
Introduction vReviewing Mortgage Basics 1Understanding Foreclosure Basics 13Looking at Liens 27Buying a Property During the Lis Pendens Phase 41Buying a Pre-Foreclosure 46Buying a Property Using a Short-Payoff Sale 57Buying a Property During a Foreclosure Sale 70After a Foreclosure Sale 82Bankruptcies and the Foreclosure Process 86Escrow and Closing 90Funding a Foreclosure Purchase 96Discovering State-by-State Foreclosure and Homestead Exemption Rules 102Fixing Up and Flipping Your Foreclosure Purchase 156Index of Questions 165Index 179