Close cookie details

This site uses cookies. Learn more about cookies.

OverDrive would like to use cookies to store information on your computer to improve your user experience at our Website. One of the cookies we use is critical for certain aspects of the site to operate and has already been set. You may delete and block all cookies from this site, but this could affect certain features or services of the site. To find out more about the cookies we use and how to delete them, click here to see our Privacy Policy.

If you do not wish to continue, please click here to exit this site.

Hide notification

  Main Nav

Make Money in Short-Sale Foreclosures

Cover of Make Money in Short-Sale Foreclosures

Make Money in Short-Sale Foreclosures

How to Bypass Owners and Buy Directly from Lenders
Borrow Borrow

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
  • 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
  • Available formats-
    • Kindle Book
    • PDF eBook
    Subjects-
    Languages:-
    Copies-
    • Available:
      12
    • Library copies:
      12
    Levels-
    • ATOS:
    • Lexile:
    • Interest Level:
    • Text Difficulty:

    Recommended for you


    About the Author-
    • Chantel Howell Carey, a member of Zonta International, has handled millions in real estate sales and management as a broker, consultant, and trustee.
    Table of Contents-
    • Preface.

      Introduction.

      1. Make Money in Short-Sale Foreclosures.
      The two strategies to make money in foreclosures are quick cash and long-term wealth building.

      2. What Is a Foreclosure?
      A foreclosure is a lender taking a property from a borrower to recover their loan asset.

      3. What Is a Short-Sale Foreclosure?
      A short-sale foreclosure is a lender selling a property for less than the loan amount.

      4. How to Find Short-Sale Foreclosures.
      You can find short-sale foreclosure opportunities anywhere foreclosures are happening.

      5. Dealing with Owners in Financial Distress.
      There are two time periods to work with owners in financial distress.

      6. When to Buy Short-Sale Foreclosures.
      Buy short-sale foreclosures before, during, or after the foreclosure sale.

      7. No Equity? No Problem!
      You can create equity in the property even if the property owner has no equity.

      8. How to Bypass the Owner.
      Contact the property owner before you make contact with the real estate lender.

      9. How to Write a Short-Sale Offer.
      There are no ands, ifs, or buts when you write a short-sale offer.

      10. Buying from the Lender before the Foreclosure Sale.
      The bottom line is the bottom line when you are buying from real estate lenders before the foreclosure sale.

      11. Understanding Short-Sales from the Lender's Point of View.
      By understanding short-sales from the lender's point of view you will be able to communicate more effectively with the lender's short-sale decision maker.

      12. How to Have Your Short-Sale Offer Accepted by the Lender.
      Find the person in charge of short-sales for the lender and negotiate directly with that person and no one else.

      13. FHA, VA, and Private Mortgage Insurance Short-Sales.
      You can make a short-sale deal with the Federal Housing Administration, the Department of Veterans Affairs, and private mortgage insurance companies.

      14. Buying the Mortgage in Foreclosure at a Short-Sale Price.
      Buy the mortgage in foreclosure from the lender before the foreclosure sale.

      15. Buying at the Foreclosure Sale.
      Bring cash when you are buying on the courthouse steps.

      16. Buying from the Lender after the Foreclosure Sale.
      Real estate lenders want to make real estate loans. They do not want to own real estate.

      17. Bankruptcy and Other Problems.
      You must be aware of an owner filing bankruptcy.

      18. Escrow, Closing, and Title Insurance.
      Never buy property without title insurance.

      19. Flipping Your Short-Sales.
      Flip your short-sale foreclosures for a quick profit.

      Conclusion.

      Appendix A: Deeds Chart.

      Appendix B: Loans Chart.

      Appendix C: Contracts and Paperwork.

      Glossary.

      Index.

    Title Information+
    • Publisher
      Wiley
    • Kindle Book
      Release date:
    • PDF eBook
      Release date:
    Digital Rights Information+
    • Copyright Protection (DRM) required by the Publisher may be applied to this title to limit or prohibit printing or copying. File sharing or redistribution is prohibited. Your rights to access this material expire at the end of the lending period. Please see Important Notice about Copyrighted Materials for terms applicable to this content.

    Status bar:

    You've reached your checkout limit.

    Visit your Checkouts page to manage your titles.

    You already have this title checked out.

    Want to go to your Checkouts?

    Recommendation Limit Reached.

    You've reached the maximum number of titles you can recommend at this time. You can recommend up to 3 titles every 7 day(s).

    Sign in to recommend this title.

    Recommend your library consider adding this title to the Digital Collection.

    Enhanced Details

    Limited availability

    Availability can change throughout the month based on the library's budget.

    is available for days.

    Once playback starts, you have hours to view the title.

    Permissions

    The OverDrive Read format of this eBook has professional narration that plays while you read in your browser. Learn more here.

    Holds

    Total holds:


    Restricted

    Some format options have been disabled. You may see additional download options outside of this network.

    You've reached your library's checkout limit for digital titles.

    To make room for more checkouts, you may be able to return titles from your Checkouts page.

    Excessive Checkout Limit Reached.

    There have been too many titles checked out and returned by your account within a short period of time.

    Try again in several days. If you are still not able to check out titles after 7 days, please contact Support.

    You have already checked out this title. To access it, return to your Checkouts page.

    This title is not available for your card type. If you think this is an error contact support.

    An unexpected error has occurred.

    If this problem persists, please contact support.

    NOTE: Barnes and Noble® may change this list of devices at any time.

    Buy it now
    and help our library WIN!
    Make Money in Short-Sale Foreclosures
    Make Money in Short-Sale Foreclosures
    How to Bypass Owners and Buy Directly from Lenders
    Chantal Howell Carey
    Choose a retail partner below to buy this title for yourself.
    A portion of this purchase goes to support your library.

    There are no copies of this issue left to borrow. Please try to borrow this title again when a new issue is released.

    Barnes & Noble Sign In |   Sign In

    You will be prompted to sign into your library account on the next page.

    If this is your first time selecting “Send to NOOK,” you will then be taken to a Barnes & Noble page to sign into (or create) your NOOK account. You should only have to sign into your NOOK account once to link it to your library account. After this one-time step, periodicals will be automatically sent to your NOOK account when you select "Send to NOOK."

    The first time you select “Send to NOOK,” you will be taken to a Barnes & Noble page to sign into (or create) your NOOK account. You should only have to sign into your NOOK account once to link it to your library account. After this one-time step, periodicals will be automatically sent to your NOOK account when you select "Send to NOOK."

    You can read periodicals on any NOOK tablet or in the free NOOK reading app for iOS, Android or Windows 8.

    Accept to ContinueCancel