First time home buyers, second time home buyers, investors whoever you are, our Denver real estate market in many sectors is prime for making a good deal. Many savvy buyers/investors realize this and are making their purchases now.
Investing in Foreclosures is not for everyone. There are many aspects that need to be considered, researched and understood. If you are thinking about purchasing a distressed property, there’s a new book that might help you understand the process. Written by Ralph Roberts it’s called: Foreclosure Investing For Dummies.
The book is written in plain English and talks about the different foreclosure purchase strategies.
- Banking on Bankruptcies
- Knowing When to Purchase
- Negotiating Short Sales
- Knowing the Lien Holder pecking order
- Tracking down property tax sales
- Bidding for properties at a foreclosure sale
Working with foreclosures is not for the weak of heart. Armed with knowledge of the process, a solid strategy and some investment capital, a wise investor can make a good living by specializing in this market.
The Dummy book is a valuable resource for those who wish to learn or merely brush up on their skills. I highly recommend it!
About the Author
Kristal Kraft
Kristal has been helping buyers and sellers in Colorado since 1984. She enjoys sharing her knowledge of the Metro Denver Real Estate market via blogging and in person while driving around the beautiful Rocky Mountain town of Denver! For fun, Kristal enjoys shooting things with a Canon. Visit Denver Photo Blog
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Kristal Kraft
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Kristal, Thank You
Ralph R. Roberts GRI CRS
The Ambassador of Enthusiasm
“Official Spokesperson of Guthy-Renker Home”
Author of Walk Like a Giant, Sell Like a Madman
Author of 52 Weeks of Sales Success
Author of Flipping Houses FOR DUMMIES
Author of Foreclosure Investing FOR DUMMIES
Author of Advanced Selling FOR DUMMIES
Author of Protect Yourself from Real Estate and Mortgage Fraud
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RalphRoberts@RalphRoberts.com
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That book looks great, I can’t wait to check it out! Thanks for sharing!
Do they make a book like that for people like me? Maybe a dummies for dummies or something?
The dummies series is getting interesting they making dummy guides for sub niches.
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[...] first we focused on looking at REO properties (foreclosed or distressed). Their reasoning came from the idea these homes were priced below market. Well, that is not [...]