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<p><b>Part I The Investing Opportunity That Won’t Come Again in Your Lifetime 1</b></p> <p>Chapter 1 The Perfect Nightmare for Bankers—A Dream Come True for Investors 3</p> <p>Chapter 2 Why REO Investing Saves Time, Hassle, and Money Compared with Traditional Preforeclosure and Short Sale Investing 15</p> <p>Chapter 3 How to Overcome Your Fear, Set Goals, and Get Started 27</p> <p>Chapter 4 Overview of the REO Deal 43</p> <p><b>Part II REO Deals, Step by Step 51</b></p> <p>Chapter 5 Where to Get the Money 53</p> <p>Chapter 6 How to Research Your Market, Create an Investing Plan, and Develop an Exit Strategy 69</p> <p>Chapter 7 How to Get Ready for Your First Deal and Build Credibility 81</p> <p>Chapter 8 Where to Find the Best REOs in Your Market 99</p> <p>Chapter 9 The Importance of REO Agents: Finding the Best and Getting Them on Your Side 119</p> <p>Chapter 10 Buying REO Properties at Auction 129</p> <p>Chapter 11 The Right Way to Evaluate Deals and Price a Property 141</p> <p>Chapter 12 How to Make an Offer and Negotiate with Banks 159</p> <p>Chapter 13 Getting the Paperwork Right 175</p> <p>Chapter 14 How to Avoid the Most Common Mistakes Investors Make 189</p> <p><b>Part III Exit Strategies 199</b></p> <p>Chapter 15 Wholesale Your Property to Another Investor 201</p> <p>Chapter 16 Fixing Up and Selling the Property at Retail 209</p> <p>Chapter 17 Buying and Holding: Renting the Property for a Positive Monthly Cash Flow 217</p> <p>Addendum: Understanding Buying Formulas 225</p> <p>Glossary 233</p> <p>About the Author 243</p> <p>Bonus Offer Just for You! 244</p> <p>Index 248</p>

<p><b>JEFF ADAMS</b> is the nation’s leading expert in in foreclosure and REO investing. His automated internet-based systems for attracting buyers, sellers, and investors have enabled him to be involved in hundreds of transactions since 1995, and during many of those years he worked as a full-time firefighter!</p>

<p>In recent years, banks and lending institutions have foreclosed on several million properties, and now they have to unload them—at fire-sale prices. As banks desperately seek buyers for these properties, homeowners and investors have opportunities they may never see again in their lifetime.</p><p>With bank-owned “REO,” or “real estate owned” properties, you deal directly with a motivated seller—the bank—and get the foreclosure price without the endless time-consuming hassles of a short sale or pre-foreclosure purchase. And you won’t need a ton of cash; almost any investor or homebuyer can afford REO investing at fire-sale prices. <i>How to Buy Bank-Owned Properties for Pennies on the Dollar</i> explains the easiest way to find the best REO deals in your market, access private lenders and cash, find qualified buyers, and quickly maximize your profits. Get step-by-step advice on:</p> <ul><li>Why REO investing saves time and money compared to traditional foreclosures and short-sales</li> <li>How to secure cash when you don’t have any of your own to invest</li> <li>How to research your market, create an investment plan, and develop an exit strategy</li> <li>How to find the best REO agents and get them on your side</li> <li>What to do next: wholesale the property to another investor, fix it up and sell it at retail, or rent the property for a positive monthly cash flow</li></ul> <p><i>How to Buy Bank-Owned Properties for Pennies on the Dollar</i> will help you get the best possible terms on the greatest bargains—and achieve the financial freedom you desire.

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