Think you might be interested in taking advantage of the opportunities in the real estate market? Savvy real estate investors are accumulating fortunes buying foreclosed homes at bank foreclosures, pre-foreclosures, and foreclosure auctions. Recent trends reflect that one in every 45 homes receives a foreclosure filing; the increasing rates of unemployment only make the problem more widespread. A host of challenges in closing a deal on distressed properties exist, and armed with the right knowledge and tactics, you can find success in buying low-cost real estate foreclosures. What do you need to know before you get started? How does the foreclosure process work? What is your role as an investor, what is the borrower going through, and what is the lender's role? The revised Second Edition of The Complete Guide To Locating, Negotiating, and Buying Real Estate Foreclosures: What Smart Investors Need to Know Explained Simply will teach you everything you need to know to locate and purchase real estate bargains and answer these questions. Whether you are a first-time homeowner or an experienced property investor, this is a tremendous guide for buying pre-foreclosed homes in any market. You will learn the simple formula (developed from real-life experience) t hat can build wealth through real estate foreclosures. Learn how to: negotiate with homeowners in distress, prepare contracts and paperwork, determine the true market value of the property, flip the property, locate one-of-a-kind properties, negotiate with sellers, conduct research, estimate repair costs, obtain REO, use online resources, look up owner's contact information, communicate with property owners, write ads, receive pre-foreclosure information, and more. Financing is the key in purchasing properties, and you will learn creative financing techniques.

This book will guide you through every step of the process including finding properties, negotiating, and closing on your first deal. This book gives you the proven strategies, innovative ideas, and case studies from experts to help you get more with less time and effort.