How To Find Hidden Real Estate Bargains 2/E

by Robert Irwin

Overview

From the bestselling author of Tips and Traps When Buying Your Home

Robert Irwin has been one of the nation's top real estate authors for more than 20 years. His 1991 bestseller, How to Find Real Estate Bargains, continues to be one of the most popular guides to finding real estate bargains and buying them at rock-bottom prices. Thoroughly updated and revised, this new edition is for reader in the market for a bargain home for themselves or as an investment for resale profit.

Irwin fills readers in on everything they need to know to quickly decide if a property's potential payoff outweighs its risks. With nearly 50 percent all-new material, the second edition features new chapters on:

• All types of repos, including HUD, Fannie Mae and Freddie Mac, FDIC, GSA, and SBA
• Property tax, ATF and IRS, p robate, bare land, and Recreational property sales
• Finding bargain properties in strong markets by working directly with sellers
• Using the Web to find the hottest bargains

Product Details

ISBN-13:	9780071388764
Publisher:	McGraw Hill LLC
Publication date:	10/01/2002
Edition description:	REV
Pages:	192
Product dimensions:	6.04(w) x 10.86(h) x 0.56(d)

About the Author

Robert Irwin is one of America's most respected experts in all areas of real estate and the author of more than 20 books, including the bestsellers in the McGraw-Hill Tips and Traps series.

Table of Contents

	Preface	vii
1.	What Is a Bargain in Real Estate?	1
2.	How to Get Started Bargain Hunting	3
3.	Bargains in Foreclosure	11
4.	Bargains in REOs	27
5.	HUD Repos	39
6.	VA Repos	45
7.	Fannie Mae and Freddie Mac REOs	55
8.	GSA and IRS Auctions	59
9.	SBA, Treasury, Army Corps of Engineers, and More	65
10.	Private Individual's REOs	69
11.	How to Buy at Auction	73
12.	Buying at Probate and Tax Sales	87
13.	Buying "As Is"	95
14.	After Natural Calamities	99
15.	How to Inspect a Bargain Property	103
16.	How to Finance a Bargain Property	117
17.	Hidden Treasures in Financing	123
18.	Buying Distressed Property	133
19.	Getting Started on a Shoestring	147
20.	Bargains in the MLS and FSBOs	157
21.	Buying from Motivated Sellers	161
22.	Getting Brokers to Work for You	169
23.	Buying Mortgage Paper for Profit	177
24.	Seven Real Estate Bargains to Consider	185
Appendix	Mortgage Priority in Foreclosure	203
	Index	205