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Publisher's Summary

Buy bank-owned properties at fire-sale prices! Banks and lending institutions today own more than one million foreclosed properties, more are in the foreclosure pipeline. Banks desperately want to get these properties off their balance sheets, but there aren't enough buyers. The result is a soft real estate market with prices investors and homeowners may not see again in their lifetime.

In recent years many bargain-hunting investors and homebuyers made the mistake of trying to get foreclosure prices via short sales and pre-foreclosure - before the bank reclaimed the property. They've been burned by endless delays and uncertainty of the messy foreclosure process. With bank-owned properties, that's over. You deal directly with a motivated sellerthe bankand get the foreclosure price without the hassles and complexity of a short sale or pre-foreclosure. This book shows you how to negotiate the best possible terms with the real estate owned (or REO) department of a bank or lender, including step-by-step instructions and no-nonsense advice on finding great deals, estimating fair market value, and closing the deal. You don't need a ton of cash, because REO investing at fire-sale prices is affordable for almost any investor or homebuyer.

Provides detailed, step-based guidance on buying REO properties. Written by a super-successful REO investor with fifteen years of experience.

©2012 Jeff Adams (P)2012 Audible, Inc.

What members say

Average Customer Ratings

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  • Story
  • tarek
  • Bronx, NY, United States
  • 09-04-12

it's good and read it

What was the most interesting aspect of this story? The least interesting?

I Like the book and the good about it that the author not asking to sign up in any services. The book simple go over the foreclosure techniques and how you could deal with the lender. But still I need more details. Also, the book gives good internet references to start your own search

4 of 4 people found this review helpful

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All In One

I absolutely loved it! I've learned months maybe even years of knowledge about real estate in just weeks.

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REO Investing How To Handbook

What did you love best about How to Buy Bank-Owned Properties for Pennies on the Dollar: A Guide to REO Investing in Today's Market?

Detailed instructions on what to do and not to do in this market. I loved how it kept my attention from start to finish and helped me define what it is about this market that I'm looking for.

What was one of the most memorable moments of How to Buy Bank-Owned Properties for Pennies on the Dollar: A Guide to REO Investing in Today's Market?

Candid examples of what went wrong for him and what will get me overlooked in the market by other professionals.

What does Dennis Holland bring to the story that you wouldn’t experience if you just read the book?

Dennis Holland made the book come to life. The author seems to be speaking right to me in the way he reads. Like a mentor sharing tricks of the trade with a friend.

Was there a moment in the book that particularly moved you?

The author was so open and honest with information. He's not asking you to do anything, only guides the reader to understand the different aspects of REO investing and helped me to understand what it is that I am looking for in the market. Exactly how to start with dos and don'ts. So full of information that I'm buying the book for a reference.

Any additional comments?

For anyone even thinking of looking at REO investing.

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Some Value in the Book

Would you recommend this book to a friend? Why or why not?

Yes, if you have ever attempted to buy a bank owned property it can be lengthy and a difficult process. This book has some great suggestions that I believe will allow for purchasing bank owned properties with relative ease.

Could you see How to Buy Bank-Owned Properties for Pennies on the Dollar: A Guide to REO Investing in Today's Market being made into a movie or a TV series? Who should the stars be?

Yes it could be made into a TV series.

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Very informative!

I loved this book. It provided step by step details not like other books that just give general information. If you want to become an REO investor this book is a must read.

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No regrets

This one's a keeper. This. is a wholesale book that delivers nicely, it also has some non wholesaling bonuses, so don't think twice about this one

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Skip this book

This book wasn’t for you, but who do you think might enjoy it more?

The title does not accurately reflect the contents of the book. The book contains some useful information but is often very vague.

1 of 2 people found this review helpful

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Must have

Great book with most details and infos. All investors should get this book and keep .Also great story .Thanks Jeff

0 of 1 people found this review helpful