This book covers every area of buying properties in this stage of foreclosure and is great for beginners as well as experienced investors. There are many helpful websites listed also. I am a very experienced investor (over 35 years in Real Estate Mortgages, Brokerage and appraising) and have purchased several properties at auction. This book does outline his program of acquiring properties before they go to sale.

The only area that needs enhancing is providing one with an idea as to estimate value in the property. He does not provide as much detail as others (ie Steve Berges “The Complete Guide to Real Estate Finance for Investment Properties”). I appreciated all of the links he provides to other websites for further research. In addition, he provides free downloads from his website of letters, worksheets, etc.

No BS, just good information and the plain truth. If you are looking for a “get rich quick” scheme then this is not for you.

He gives a road map to the important web sites after every topic when it applies. He covers A-Z on how to complete a successful pre-foreclosure transaction. The sample letters in the Chip Cummings book were much nicer and comforting. I found his writing style refreshing; down to earth and he speaks his mind.

There’s lot of specific checklists, like a Phase One Environmental Audit checklist and a list of common abbreviations found in title documents. My only complaint, and it is a minor one, is that the book is a little disorganized. It provides a wealth of information and templates, making it a great reference. It also spends a fair amount of time on ethical standards, an element dreadfully lacking with many investors. This book is a self-help book, but it reads like a novel. Lots of real life stories, very inviting style. There’s finally an active investor who puts honesty into ink. I have been an investor for 5 years and was competing with others and losing my butt.

This book focuses on the economic aspect of the bubble and presents a survey of the best methods to make money from the real estate mess. Recliner Slipcovers Cheap.