6 Part 2: Laying the Groundwork for Maximized Profit and Minimized Risk Chapter 4: Building a Powerful Foreclosure Investment Team Lawyering Up with a Real Estate Attorney Teaming Up with a Good Moneyman or Woman Consulting a Title Company to Cover Your Back Hiring a Tax-Savvy Accountant Lining Up a Home Inspector Contacting Contractors and Subcontractors Selling Your Property for Top Dollar through a Seller’s Agent Assessing the Pros and Cons of Partnerships Chapter 5: Filling Your Foreclosure Tank with Financial Fuel Estimating Your Cash Needs Finding a Cash Stash: Knowing Your Financing Options Financing with Hard-Money and Gap Loans Partnering with Investors Shaking Your Piggy Bank: Tapping Your Own Resources Financing Your Venture with Conventional Loans Comparison Shopping for Low-Cost Loans Chapter 6: Networking Your Way to Foreclosure Success Grasping the Power of Networking Realizing the Importance of Being Good Marketing Yourself Managing Contact Information Rewarding Good Deeds and Good Leads
7 Part 3: Creating Win–Win Situations in Pre-Foreclosure (Before Auction) Chapter 7: Discovering Homeowners Facing Foreclosure Networking Your Way to Promising Properties Scoping Out the Neighborhood for Dontwanners Searching for FSBO Properties Finding Foreclosure Notices Teaming Up with Attorneys to Help Distressed Clients Sell Their Homes Chapter 8: Performing Your Due Diligence Collecting Essential Information about the Property Doing Your Fieldwork: Inspecting the Property Assembling Your Property Dossier: A Checklist Recognizing the Most Common and Serious Red Flags and Big Mistakes Chapter 9: Contacting the Homeowners and Lenders Scheduling Your Foreclosure Activities Contacting the Homeowners Directly Adding the Homeowners’ Profile to Your Property Dossier Presenting All Available Options Getting Inside to Take a Look Around Contacting the Lenders Chapter 10: Analyzing the Deal and Presenting Your Offer Completing the Deal Analysis Worksheet Assessing the Homeowners’ Options Presenting Your Offer: The Purchase Agreement Closing Time
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Part 4: Finding and Buying Foreclosure and Bankruptcy Properties
Chapter 11: Bidding for Properties at a Foreclosure Sale
Tracking Down Auction Dates, Times, and Places
Preparing Your Maximum Bid
Bidding at a Foreclosure Auction
Playing the Role of Backup Buyer
Following Up After the Auction
Chapter 12: Buying Repos: Bank Foreclosures and REO Properties
Acknowledging the Drawbacks of REO Opportunities
Getting Up to Speed on the REO Process
Shaking the Bushes for REO Properties
Inspecting the Property
Timing Your Offer for Optimum Results
Pitching an Attractive Offer
Chapter 13: Finding and Buying Government Repos
Bargain Hunting for HUD Homes
Finding and Buying VA Repos
Profiting from Fannie Mae and Freddie Mac Properties
Finding and Buying Government-Seized Properties
Chapter 14: Banking on Bankruptcies
Brushing Up on Bankruptcy Laws
Knowing