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The Pre-Foreclosure Property Investor's Kit: How to Make Money Buying Distressed Real Estate -- Before the Public Auction | 
 enlarge | Author: Thomas Lucier
Publisher: Wiley
Category: Book
List Price: $24.95
Buy Used: $4.52
You Save: $20.43 (82%)
New (41) Used (84) from $4.52
Rating:  213 reviews
Media: Paperback
Edition: 1
Pages: 272
Number Of Items: 1
Shipping Weight (lbs): 1
Dimensions (in): 9 x 7.4 x 0.7
ISBN: 0471692794
Dewey Decimal Number: 332.6324
EAN: 9780471692799
Publication Date: December 27, 2004
Availability: Usually ships in 1-2 business days
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| • | ISBN13: 9780471692799 | | • | Condition: New | | • | Notes: BUY WITH CONFIDENCE, Over one million books sold! 98% Positive feedback. Compare our books, prices and service to the competition. 100% Satisfaction Guaranteed |
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Product Description
Pre-foreclosure real estate is one of the hottest investment opportunities on the market. The Pre-Foreclosure Property Investor?s Kit offers step-by-step instruction and no-nonsense advice on how to find great deals, estimate fair market value, negotiate with sellers, sell your property on your own, and win big in real estate. You?ll learn how to get the best deals on foreclosure properties before they go to auction and utilize simple ready-made worksheets, checklists, forms, and agreements that make getting started easy. Even people of modest means can get into pre-foreclosure investing—all it takes is a little hard work, persistence, and the tools you?ll find in this handy guide.
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| Customer Reviews:
Showing reviews 1-5 of 213
 oh please I wish this were true... July 12, 2010
Pamela
There's only one major problem with kind of investing...if the house could be sold for more than the lien it would be sold. One might say it's a good investment to buy it and wait for the market to go up. Well that didn't work either...Because of books like this, plus Robert Allen, and Carlton Sheets, I'll be in bankruptcy court soon. But hey it was an adventure. I got a great book out of my ups and downs in real estate investing in Akron Ohio. HOUSES OF CARDS recently won and IPPY award. If you want to follow the advise in this book I think you should read mine first! It shows a more realistic view. I own 12 single family homes, have a half a million in debt and it took me eight years!
Pamela Frost
Houses of Cards
 The best I've read to date June 29, 2010
Boeinguy
Before reading this book, I had read "The 250 Questions Everyone Should Ask About Buying Foreclosures" by Lita Epstein, "Cashing in on Pre-foreclosures and Short Sales" by Chip Cummings and "Guide to Making Hugh Profits Investing in Pre-foreclosures without Selling Your Soul" by Alexis McGee. All these books together contributed to my overall understanding of this subject. I thought this book was the best of all of them.
I gave four stars because it left me confused in a couple of places. He mentions the vacancy exclusion clause in insurance policies (comes into play after you bought the property and you're fixing it up and it's on the market). Apparently, this clause means an insurer is not liable for any losses that occur to a property that's been vacant more than 30 days. Nice to know, but he doesn't say if we should just ignore that or if we make other arrangements with the insurer. To be fair, almost every book leaves me a little confused somewhere. That's why I bought four books. At least one book should fill in where another book was weak.
I was also confused about the financial transaction involved taking over the house. His sample letters to property owners makes it sound like he's buying the house when really all that's involved is taking over their payments and paying the bank what is owed (plus settling liens, etc). On the subject of letters, I read another review that said his letters to property owners were rough or a little strong (my words); something to that effect. I agree. The sample letters in the Chip Cummings book were much nicer and comforting.
I found his writing style refreshing; down to earth and he speaks his mind. He pulls no punches about those that will try to take advantage of you. He tells a few stories about his experiences which I enjoyed reading.
This book should be one of several you read before venturing out on your own. As a matter of fact, I recommend you buy the same four books to get the 'big' picture.
 General intro April 27, 2010
A 47 year old man
Thought the book is agood general introduction, I would recommend a more hands on approach, written many years ago (so ignore the house prices which were wayyy lower back then)a classic by Bill Greene >>> Distress Property How to Buy It in California (don't let the California in the title scare you offf, basic principles apply anywhere; he just includes addresses of state govt agencies in CA)
One of the Top Books on Pre-foreclosures! March 28, 2009
Alfredo Diaz
1 out of 1 found this review helpful
This book is the perfect start to a career in real estate investments. The author goes into much detail on all the ways of making profits with pre-foreclosures. I highly recommend this to all.
 Great November 24, 2008
Wendy K. Williams
0 out of 1 found this review helpful
I think this is a great purchase... Just got it and I like the way the lessons are so far
Showing reviews 1-5 of 213
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