One person's loss is another person's gain. This invaluable guide explains everything readers need to know about finding and financing foreclosed and soon-to-be foreclosed residential properties with the highest potential return. Completely updated, this new edition reflects recent changes in the way banks and the government dispose of foreclosed properties, covers new laws, and advises how to steer clear of scams. ? First edition sold more than 30,000 copies in a year and a half ? The national residential foreclosure rate rose to from .75% to 1.16% (of all mortgages) by the end of 2006-the biggest jump in 30 years ? Foreclosures are expected to continue to increase as interest rates rise and monthly payments on short-term variable rate and interest-only loans make homes unaffordable
A practical guide that helps you thoroughly research properties, so you know what you’re getting into before you buy or bid on a property With the housing bubble of recent years bursting and interest rates on the rise, there has been an upsurge in the number of foreclosures across the country, creating many opportunities for profit. But investing in real estate foreclosures can be a tough job, especially when a negative stigma is attached. How do you make money while preserving your morals and trust? Foreclosure Investing For Dummies shows you how to invest in foreclosures ethically without being accused of stealing homes from “little old ladies.” When you approach the process in a fair-minded way, presenting homeowners with various options and offering a reasonable price for their home, you can walk away with your integrity intact—and potentially a reasonable profit, too. This step-by-step guide helps you research property, find the best opportunities, purchase foreclosures, and avoid misleading distressed homeowners. If you’re committed to success, dedicated to mutually beneficial solutions, can treat foreclosure investing as business, and you can talk to people, this book is for you, but it doesn’t promise quick profits through minimal work. This book will provide you with invaluable information to become a successful investor, including how to: Identify opportunities and understand risks Obtain information, tools, support, and resources Locate properties prior to foreclosure Assist homeowners through the foreclosure process Acquire properties below market value prior to the auction Buy property at an auction, from lending institutions, and government agencies Repair, renovate, and sell or lease property A hands-on guide with tips and strategies for refinancing your property and maximizing your profits, this book also provides advice on how to assist homeowners, have them work with you, and avoid common mistakes. It even contains an appendix that covers foreclosure rules and regulations. It’s time to go out and make the most of foreclosure investing, and with Foreclosure Investing For Dummies by your side, your hard work and devotion will bring tons of success!
'Financial Crisis' is being written this very moment as the crisis continues to unfold. Parts 1-3 are now available bundled together. Part One: How We Got Here begins with a chapter entitled 'What the Crisis Means for You Right Now' that offers practical ideas, strategies, and advice that you can use to prepare for and respond to the changing economic environment. Part One also features chapters about the housing bubble, the credit crunch, and the ensuing financial bailouts. Part Two: Job Loss and Global Impact begins with a chapter titled 'What The Crisis Means for You Right Now' that offers practical ideas, strategies, and advice that you can use to prepare for and respond to the changing economic environment. Part Two also features chapters that explore the unemployment outlook, comparisons between the current recession and previous ones, and the ripple effect that the recession is having on economies around the world.
This is a tremendous guide for buying foreclosed homes in any market. You will learn the simple formula, developed through real-life experience, to build massive wealth through foreclosures. It is a resource for novices and pros alilke and will guide you through every step of the process including finding properties, negotiating and closing deals.
In this Penguin eSpecial, 'The Complete Idiot's Guide to the Financial Crisis' is being written this very moment as the crisis continues to unfold. Part One in this ongoing series, 'How We Got Here', is available to you now exclusively in electronic format. Part One begins with a chapter titled 'What the Crisis Means for You Right Now' that offers practical ideas, strategies and advice that you can use to prepare for and respond to the changing economic environment. Part One also features chapters about the housing bubble, the credit crunch, and the ensuing financial bailouts. The author of 'The Complete Idiot's Guide to the Financial Crisis' will continue to cover America's evolving financial and economic turmoil in the coming months, so stay tuned for future installments to the series. This ground-breaking format combines timely reporting with deeper analysis and a broader perspective than can be found in the newspaper or on the radio, TV, and internet.
In real estate, it's a buyer's market—and here is the buyer's bible . . . Buying a home is the single most important financial move in most people's lives. This book covers a variety of topics including inspecting, evaluating, negotiating, financing, contracts, and legal issues. It also breaks down the roles of the key players and what these professionals, agents, brokers, and inspectors are responsible for—and when to go it alone. The thorough advice, covering everything from buying houses at auctions to what neighborhood to live in, will provide reassurance for every soon–to–be homeowner. • A necessary tool for those who plan to buy homes and even current homeowners in order to keep up with an ever changing market • Will be published in time for spring, when most people start looking into buying new homes • Covers a broad range of buying options and homeowner's needs
Value investing concentrates on business tangibles and common sense. This guide explains these strategies in clear, jargon-free terms, and gives advice on- the importance of knowing the four major parts of a company's annual report and how to read them, how to listen for insights into the company plans and performance during the CEO's discussion with analysts, and major strategic investment policies that drive value investing and how to select the one right for your goals. From an expert financial writer Red-hot investment strategy in this troubled financial climate Billionaire gurus like Warren Buffet advocate value investing
It pays to be in the know about mortgages. An expanded and revised version of The Pocket Idiot's Guide to Mortgages, this essential volume covers everything homebuyers and re-financers need to know. Coverage includes an overview of the application process, overcoming qualification hurdles, finding the right type of loan, when and how to refinance to save money, and much more. * Contains the forms readers need as they move through the mortgage process, including a sample application, pre-qualification forms, re-finance worksheets, and mortgage payment and amortization tables * Expanded, larger-format edition * Features all the new, creative mortgage programs that have become popular
In response to unprecedented environmental degradation, activists and popular movements have risen up to fight the crisis of climate change and the ongoing devastation of the earth. The environmental movement has undeniably influenced even its adversaries, as the language of sustainability can be found in corporate mission statements, government policy, and national security agendas. However, the price of success has been compromise, prompting soul-searching and questioning of the politics of environmentalism. Is it a revolutionary movement that opposes the current system? Or is it reformist, changing the system by working within it? In Birth of a New Earth, Adrian Parr argues that this is a false choice, calling for a shift from an opposition between revolution and incremental change to a renewed collective imagination. Parr insists that environmental destruction is at its core a problem of democratization and decolonization. It requires reckoning with militarism, market fundamentalism, and global inequality and mobilizing an alternative political vision capable of freeing the collective imagination in order to replace an apocalyptic mindset frozen by the spectacle of violence. Birth of a New Earth locates the emancipatory work of environmental politics in solidarities that can bring together different constituencies, fusing opposing political strategies and paradigms by working both inside and outside the prevailing system. She discusses experiments in food sovereignty, collaborative natural-resource management, and public-interest design initiatives that test new models of economic democratization. Ultimately, Parr proclaims, environmental politics is the refusal to surrender life to the violence of global capitalism, corporate governance, and militarism. This defiance can serve as the source for the birth of a new earth.
Start making money today—with the ultimate guide for first-time investors No matter what the market does, real estate stilloffers plenty of money-making opportunities. In this new edition of The Beginner's Guide to Real Estate Investing, Gary W. Eldred presents the toolsand knowledge new investors need to get started profitably. Packed with smart money-making strategies and real-life stories from successful investors, this edition also covers the latest information on financing, foreclosures, cash flow, and much more. You'll not only master the basics of investing, but also discover specialized techniques that the pros rely on to grow their long-term wealth. Concise yet comprehensive, this practical guide shows you how to: Find great deals on properties with big potential Get started with low- or no-down payment financing Utilize creative financing options and otherpeople's money Buy low-cost foreclosures and REOs Make value-adding improvements to any property Craft winning offers and negotiate like a pro Manage rental properties hassle-free Flip investment properties for fast profit In addition, Eldred shows you how to tailor your investment strategy to make money almost anywhere, in any type of market. With proven techniques, timeless principles, and totally up-to-date information, The Beginner's Guide to Real Estate Investing, Second Edition is the perfect place to start building a prosperous future—today.
