The All-New Real Estate Foreclosure, Short-Selling, Underwater, Property Auction, Positive Cash Flow Book: Your Ultimate Guide to Making Money in a Crashing Market

Preface vii

Introduction xi

PART ONE

1. The Real Estate Market Has Crashed 3

Prices of all 20 major metropolitan areas are spiraling downward.

2. Make Money Investing in a Crashed Real Estate Market 19

Use a quick cash and a long term wealth building strategy.

3. Foreclosures, Foreclosures, and Foreclosures 33

One in every 464 households nationally will receive a foreclosure notice.

4. The New Foreclosure Tactics 51

Stop buying at the white elephant sales (the courthouse steps).

5. Inside the Loss Mitigation Department 67

The twelve factors a lender will consider before accepting your short-sale offer.

6. Your Short-Sale Offer 83

There are no oral agreements in real estate.

7. Presenting Your Short-Sale Offer and Closing the Transaction 95

Present your short-sale offer and close the transaction.

8. Buying the Mortgage in Foreclosure 109

Buy the mortgage in foreclosure at a short-sale price.

PART TWO

9. Sellers Are the New Bankers 125

In a crashing real estate market sellers are the new bankers.

10. Win Going In 139

You must buy for the right price and with the right terms.

11. No Doubt Getting Out 153

You must sell with the right terms and for the right price.

12. Auctioning Your Property for Top Dollar 169

Auctioning is the best way to sell your property in a crashing market.

13. Types of Auctions 185

There is a type of real estate auction to fit your investment needs.

14. The Who,When, and How of Your Auction 201

Retail buyers are your target market for buying at your auction.

15. Buy Low and Sell Lower 217

Make money even when the market is going down.

16. Cash and Cash Flow Is King 229

In a crashing real estate market cash-and-cash-flow is king.

17. The Future of the Real Estate Market 245

Inflation is in the pipeline. God bless inflation!

Index 257