Fire Sale

How to Buy US Foreclosures

Business & Finance, Finance & Investing, Real Estate
Cover of the book Fire Sale by Philip McKernan, Wiley
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Philip McKernan ISBN: 9780470948576
Publisher: Wiley Publication: October 12, 2010
Imprint: Wiley Language: English
Author: Philip McKernan
ISBN: 9780470948576
Publisher: Wiley
Publication: October 12, 2010
Imprint: Wiley
Language: English

The ads are everywhere. US real estate at rock-bottom prices. Posh homes in gated communities devalued 50% from a year ago. US real estate agents with nowhere to go in their own backyard are targeting Canada and other countries to attract buyers to the land of the foreclosed and the home of the bushwhacked.

As the US housing market remains in crisis and foreign currencies increase in strength relative to the US dollar, foreign investment into real estate in America is reaching new highs, particularly in the sunbelt states. The opportunity to invest in these properties, either as an investment property or a vacation home, is made even more attractive in light of the record number of distressed properties (AKA foreclosures) on the market or in the pipeline due to high levels of unemployment in the US, high consumer debt, and ongoing fallout from the subprime crisis.

But what does "opportunity" really look like? What due diligence must an investor do to buy with confidence? What are the pitfalls? The legal and tax considerations? While the property and price may look good on paper, how can you ensure that your investment is a sound one? Philip McKernan and his crack team of experts teach you everything you need to know about investing in distressed properties in the United States, including sourcing distressed properties; building the right team of real estate agent, finance expert, lawyer, and accountant; understanding the tax and legal issues; and having an exit strategy.

Make sure you're getting the best deals possible and avoiding any nasty surprises. Be prepared and aware, with Fire Sale: How to Buy US Foreclosures.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The ads are everywhere. US real estate at rock-bottom prices. Posh homes in gated communities devalued 50% from a year ago. US real estate agents with nowhere to go in their own backyard are targeting Canada and other countries to attract buyers to the land of the foreclosed and the home of the bushwhacked.

As the US housing market remains in crisis and foreign currencies increase in strength relative to the US dollar, foreign investment into real estate in America is reaching new highs, particularly in the sunbelt states. The opportunity to invest in these properties, either as an investment property or a vacation home, is made even more attractive in light of the record number of distressed properties (AKA foreclosures) on the market or in the pipeline due to high levels of unemployment in the US, high consumer debt, and ongoing fallout from the subprime crisis.

But what does "opportunity" really look like? What due diligence must an investor do to buy with confidence? What are the pitfalls? The legal and tax considerations? While the property and price may look good on paper, how can you ensure that your investment is a sound one? Philip McKernan and his crack team of experts teach you everything you need to know about investing in distressed properties in the United States, including sourcing distressed properties; building the right team of real estate agent, finance expert, lawyer, and accountant; understanding the tax and legal issues; and having an exit strategy.

Make sure you're getting the best deals possible and avoiding any nasty surprises. Be prepared and aware, with Fire Sale: How to Buy US Foreclosures.

More books from Wiley

Cover of the book Math For Real Life For Dummies by Philip McKernan
Cover of the book Handbook of Financial Risk Management by Philip McKernan
Cover of the book E-Business und Controlling by Philip McKernan
Cover of the book Mediated Intimacy by Philip McKernan
Cover of the book Political Scandal by Philip McKernan
Cover of the book One Good Trade by Philip McKernan
Cover of the book Complete Electronics Self-Teaching Guide with Projects by Philip McKernan
Cover of the book Beginning Flash Game Programming For Dummies by Philip McKernan
Cover of the book Nursing the Feline Patient by Philip McKernan
Cover of the book The Secret Language of Leadership by Philip McKernan
Cover of the book The Power of Passive Investing by Philip McKernan
Cover of the book Microaggressions in Everyday Life by Philip McKernan
Cover of the book Microsoft Excel 2010 Digital Classroom by Philip McKernan
Cover of the book Time Series Data Analysis Using EViews by Philip McKernan
Cover of the book Quantitative Microbial Risk Assessment by Philip McKernan
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy