Short-sale pre-foreclosure investing: how to buy ‘no-equity’ properties directly from the bank -- at huge discounts

INDICE: Chapter 1. Get Motivated, Set Goals, Get Started. A Short Sale CaseStudywith a $200,000 Profit. Getting Motivated. Setting Goals. Accomplishing Your Goals. This Is A Business.Not A Hobby. Dealing With Naysayers. Personal Appearance. Setting Up Your Office. Structuring Your Business. Ready To Do Business. Chapter 2. What Is A Short Sale? An Executive Summary of How to Negotiate With the Bank and the Homeowner. Why Do I Need To Short Sale? Why Do Banks Short Sale? How Much Do You Offer The Bank? Successful Short Sales Start With The Homeowner. Financial Agreement With The Homeowners. Setting The Move Out Date. Chapter 3. Expert Strategies for FINDING Distressed Properties and Foreclosures. Buying Bank-Owned Properties For Pennies On The Dollar. Newspaper Ads. I Buy Houses For Cash Street Signs. Networking. Post Cards. Magnetic Vehicle Signs. Bail Bondsmen. Pawn Shops. More Deal Finding Favorites. Chapter 4. How To Approach The Homeowners And Create A Win-Win Solution. Understanding Why Homeowners Want To Work With You. Building Courage To Knock On Doors. Friendly Negotiations With The Homeowners What To Say And What You Need >From Them. Establishing Rapport Over The Phone. Door Knock Like A Pro. Helping The Homeowners Understand Their Options. Deed In Lieu of Foreclosure. Chapter 13 Bankruptcy. Chapter 5. Preparing Your First Offer Authorization To Release Information. Going To Contract. Hardship Letter. Pictures. Investor Cover Letter. Comps That Justify Your Offer. Net Sheet. Estimated List And Cost Of Repairs. Chapter 6. How To Approach The Bank. How To Get The Bank Interested In Talking To You. What The Bank Wants From An Investor. How To Get Through To A Stonewalling Lender. Presenting Your Short Sale Offer To The Bank. Additional Information The Bank May Require. Hardship Package. Listing Agreement. My Offer Is Submitted, Now What? Chapter 7. Negotiating With A Second Or Third Mortgage Holder. Your Conversation With The Second Lender. Chapter 8. Key Elements Of The Legal Process You Must Understand. Understanding Ownership Vs. Debt. Foreclosure Process. Trustee Sale. Deed Of Trust States And Mortgage States. Types Of Liens. Types Of Mortgages And Loans. Chapter 9. When The Bank Says Yes. How Does The Homeowner Buy More Time? Chapter 10. Three Profit-Taking Strategies: Wholesaling, Rehabbing, And Renting. The Wholesale Path. The Rehab Path. Selling The Home. The Rental Path. Chapter 11. Setting The Closing Date And Making Sure The Closing Goes Smoothly. A Successful Closing. What If My Homeowners Change Their Minds? What If My Buyers Change Their Minds? Closing With The Assignment Of Contract. Double Or Simultaneous Closings. Are Double Closings Illegal? Chapter 12. First Year Expectations. How You Can Become Rich Without Going To College. What We Did To Get Here. What You Can Expect In Your First Year. Thinking Like A Millionaire.

• ISBN: 978-0-470-29030-9
• Editorial: John Wiley & Sons
• Encuadernacion: Rústica
• Páginas: 240
• Fecha Publicación: 01/07/2008
• Nº Volúmenes: 1
• Idioma: Inglés