Foreclosure Myths

By Ralph R. Roberts and Chip Cummings

Book Overview

Learn the whole truth about foreclosures and discover some real bargains with the myth-busting information in Foreclosure Myths: 77 Secrets to Saving Thousands on Distressed Properties . Find out the truth about seventy-seven persistent myths that prevent would-be homeowners and real estate investors from taking advantage of tremendous profit potential. Understand how to find, evaluate, and buy foreclosure properties at a discount, including how you can use other people's money to finance your investments through firsthand stories from top industry professionals and handy resources like government foreclosure guidelines.

• Format: Paperback
• Language: English
• ISBN: 0470289589
• ISBN13: 9780470289587
• Release Date: August 2008
• Publisher: John Wiley & Sons
• Length: 197 Pages
• Weight: 0.64 lbs.
• Dimensions: 0.6" x 6.0" x 9.0"

Customer Reviews

A simple primer on the field of foreclosures

Organized by every step of the process of the system, selecting property, financing property, securing it and then selling it, many myths are dispelled in a Myth/Fact Format. This book is a quick read with high yield facts that help the reader make a good and informed decision. The sections are highlighted by tips and showstoppers throughout the book. Not purporting itself as an 'end all' resource, this book gives a overview of what steps are necessary along the way. You will still need to consult with the key players in your efforts to make your own successful purchase/sale. The book is a quick read with a lot of important information that gives a lot of great guidance.

Fun, easy read!

I just happened to come across this book while looking for something else, and was pleasanty surprised! I like the format the authors use to lay out the issues with investing in foreclosures, and the formulas provided to use. The book does not go into great detail about the process, so not exactly for advanced investors, but is a good read for anyone just starting out.

Good timely information

Due to the current state of the economy, I purchased this while looking at several foreclosures in my neighborhood. Great find! I really like the way the book is laid out with the "myths" that explain the concepts. I am not a beginner, but this book would good for anyone just starting out in the world of foreclosures, or mid-level investors. Easy to read, and a lot of good insights.

Chip Cummings is a Real Estate Top Gun

Put this book on the top of your list. If you think you know about foreclosures as I did, think again. Chip's book Foreclosure Myths: 77 Secrets to Saving Thousands on Distressed Properties is filled with very useful information that I have not seen elseware. Do not go into real estate investing without reading this book first. Useful, up-to-date and authoritative.