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HOW TO BUY FORECLOSED PROPERTIES

(The Guide)

 

TABLE OF CONTENTS
PART ONE: FORECLOSURES-THE ULTIMATE REAL ESTATE INVESMENT
What is a Foreclosure?
Foreclosure Auctions
Preforeclosure
REO


PART TWO: GENERAL ADVICE FOR HOMEBUYERS

Becoming a Homeowner
How Much Can I Afford to Spend?
Your Down Payment
Finding the Right Home
Negotiating with the Seller
The Sales Agreement
Disclosures
Financing Your New Home
Tax Options for the Homeowner
Closing Costs
Lender Fees
Additional Costs
Closing the Deal


PART THREE: GENERAL ADVICE FOR HOMESELLERS

Assembling Your Team
Key Factors to Consider
Pricing Your Home
Advertising
Secrets to Writing a Successful Classified Ad
Preparing Your Home
How to Be a Successful Negotiator
Writing the Sales Agreement
Disclosures
Mortgage Basics
Tax Planning


PART THREE: SAMPLE FORMS

Sales Contract
Escrow Agreement
Net to Seller Worksheet
Buyer Pre-Qualification Form
Seller's Property Disclosure Statement
Homeowner's Association Disclosure Statement
PART ONE:
Foreclosures - the Ultimate Real
Estate Invesment

 

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