View the entire “How to Buy” series from Lance Young.
Learn To Make Smart Investments With Our Real Estate Foreclosure eBooks.
Take advantage of the methods that successful investors use to locate, purchase,
and sell foreclosure and probate homes with these informative eBooks. They can be
purchased and downloaded today, so you can start learning about
this profitable market immediately!
"How to Buy Foreclosure Auction Homes"
Written exclusively for RealtyTrac
- Author: Lance Young
- Course Format: eBook download
- File Format: Adobe PDF
- Pages: 64
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About the “How to Buy Foreclosure Auction Homes” eBook
Foreclosure auctions are an everyday phenomenon in most parts of the country, and
this eBook reveal which ones to attend and which to skip. Lance Young’s easy-to-follow
guideline tells you how to find properties coming up for auction, how to prepare
for the auction, how to research and calculate the most profitable investment opportunities
and how to bid successfully at the auction.
The information included in this title – in addition to your RealtyTrac subscription
– will give you the competitive edge over less knowledgeable buyers and investors.
Topics:
- Three goldmines of information about foreclosures and five questions to ask the
attorney in charge of the foreclosure.
- Seven essential pieces of information to look for in every foreclosure notice.
- What to do if the auction property still has tenants or homeowners living in it.
- The importance of trusts, judgment liens and tax liens in determining how much
you should bid for a foreclosure house.
- Eight steps to take before the foreclosure auction.
- What to expect at your first auction.
- Four things you’ll need to take care of immediately if you win at the auction.
- Three methods to finding financing or investing through foreclosure auctions.
- The fastest and least expensive way to invest in foreclosures with little or no
risk.
You’re in good hands with Lance Young’s guide to making money buying
and selling auction properties. But the profits start coming only when you decide
to take action, so get started and learn the dos, don’ts and how-to’s
today! This title is one of several new titles in RealtyTrac’s series of instantly
downloadable eBooks. Invest for profit with these powerful resource materials.
For the best value and savings, order the complete "How to Buy" Real Estate Investing
eBook Series - four eBooks for one low price - and you’ll also receive the
"How to Buy" Property Liens eBook as a bonus ... FREE!
Click here to view the complete series.
About the Author
Lance Young's expertise in real estate investing is grounded in more than 17 years
of independent real estate deals and mentoring of novice investors.
His first success came with buying and selling preforeclosure houses. Later, he
made tremendous profits in the probate house market.
In 1996, Lance wrote down what he had learned in a one-of-a-kind, step-by-step program
for beginners and seasoned investors that shows how to make money buying preforeclosure
and probate houses. His investing techniques require just a $10 contract deposit
and 10 hours a week finding the most profitable opportunities. Testimonials from
his students show that with no experience, people have made first-time profits of
$11,000, $31,000 and even $80,000 just by following his simple guidelines.
Lance Young has shared his simple, yet powerful investing methods with thousands
of students while continuing as an active investor himself. His motto is: To teach
others to become successful, you must be active and practice what you preach.
Table of Contents For “How to Buy Foreclosure Auction Homes” Standard
Edition
Introduction .............................................................................................................
1
Chapter 1 ..................................................................................................................
2
Why So Many Homeowners Fail To Save Their Properties
How Foreclosure Auctions Create A Great Opportunity For You
How You Can Make Money At Foreclosure Auctions
What You Need To Know To Get Started
Exercises
Chapter 2 ..................................................................................................................
8
The Best Types Of Properties To Buy At Auctions
What To Do If You Decide To Buy A Property That Still Has The Homeowners Or Tenants
In It
How To Find Out If A Property Is Vacant
Why Knowing A Property Is Vacant And In Good Condition Will Help You At The Auction
Exercises
Chapter 3 ................................................................................................................
13
How Trusts And Judgment Liens Are Paid When A Property Is Auctioned
Second Trust Foreclosure Auctions
IRS Liens And How They Affect Foreclosure Auctions
Exercises
Chapter 4 ................................................................................................................
19
Three Sources For Finding Foreclosures
How To Get Information From The Foreclosing Attorney
Exercises
Chapter 5 ................................................................................................................
25
Where Are Foreclosure Auctions Held?
Who Can Attend An Auction?
Exercises
Chapter 6 ................................................................................................................
28
Foreclosure Auctions
Five Steps That Will Give You Valuable Experience At Foreclosure Auctions
Six Pieces Of Information That You Need From Each Foreclosure Notice
An Example Of A Foreclosure Notice
Exercises
Chapter 7 ................................................................................................................
33
Eight Steps To Follow Before A Foreclosure Auction
Exercises
Chapter 8 ................................................................................................................
36
What To Do At The Auction
Exercises
Chapter 9 ................................................................................................................
41
What To Do After The Auction
What Happens When No One Bids On A Property At An Auction?
Exercises
Chapter 10 ..............................................................................................................
44
Don¹t Forget To Find Out How Much Profit Is In The Deal
Chapter 11 ..............................................................................................................
45
Inspecting Properties That Are Going To Auction
Factor In The Cost Of Fixing Up The Interior Of The Property
Exercises
Chapter 12 ..............................................................................................................
50
Three Methods You Can Use To Find Money For Your Foreclosure Deals
Two New Letters You Can Use To Get A Bank Loan Or A Line Of Credit
Exercises
Chapter 13 ..............................................................................................................
58
How To Limit Your Risk When Flipping Properties
How To Flip A Property Without Paying Settlement Costs
Writing An Agreement With The Investor You Are Flipping To
Always Have A Backup Plan
Exercises
Chapter 14 ..............................................................................................................
62
Seven Easy Steps To Getting Started
Conclusion ..............................................................................................................
64
Table of Contents — “How to Buy Foreclosure Auction Homes” Condensed
Edition
Introduction .............................................................................................................
1
Chapter 1 Opportunities With Foreclosure Auctions ...............................................
2
How Foreclosure Auctions Create A Great Opportunity For You
How You Can Make Money At Foreclosure Auctions
Chapter 2 The Best Types Of Properties To Buy At Auctions ..................................
4
What To Do If You Decide To Buy A Property That Still Has The Homeowners Or Tenants
In It
How To Find Out If A Property Is Vacant
Why Knowing A Property Is Vacant And In Good Condition Will Help You At The Auction
Chapter 3 Trusts And Liens For Auctions ................................................................
7
How Trusts And Judgment Liens Are Paid When A Property Is Auctioned
Second Trust Foreclosure Auctions
IRS Liens And How They Affect Foreclosure Auctions
Chapter 4 How To Find Foreclosures .....................................................................
10
Three Sources For Finding Foreclosures
How To Get Information From The Foreclosing Attorney
Where Are Auctions Held?
Who Can Attend A Foreclosure Auction?
Chapter 5 Eight Steps To Follow Before A Foreclosure Auction ...........................
13
Chapter 6 At The Auction .......................................................................................
15
Chapter 7 After The Auction ..................................................................................
17
What To Do After The Auction
What Happens When No One Bids On A Property At The Auction?
Chapter 8 Advice For Flipping Auction Properties ...............................................
19
How To Limit Your Risk When Flipping Properties
How To Flip A Property Without Paying Settlement Costs
Writing An Agreement With The Investor You Are Flipping To
Always Have A Backup Plan
Conclusion .............................................................................................................
22
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