From the Publisher
The main purpose of this 2-DVD set is to provide the viewer the basic principles involved in purchasing properties that have already been foreclosed on and are now owned by the bank. (REOs – Real Estate Owned by the lender).
A major stumbling block for most prospective R.E.O. purchasers is knowing where to locate the properties, and in this program you will learn how to find these bargains, and how to go about investing in them.
Dealing with lending institutions is a fine art, and this program will help you to refine those skills.
Some Of The Topics Covered:
- Reasons to buy Distressed Properties
- Structuring favorable terms
- Causes of foreclosures
- Timing the purchase
- During the Publication period
- Buying the loan
- The trustee's sale
- After the trustee's sale (REO)
- Locating REO's
- Realtors specializing in REO's
- Computerized record services
- REO internet resources
The Buying Foreclosed Properties DVD is worth investing in if you are serious about investing in REO properties. Mr. Mansfield does a great job of breaking down the process and teaching concepts that could benefit any foreclosure real estate investor.
Joshua Dorkin - BiggerPockets.com
This DVD features Mr. William Mansfield, a former real estate appraiser who has been lecturing on Real Estate Appraisal and Buying Bank-Owned Foreclosures for the past 20 years. In addition to lecturing on real estate subjects at several local colleges, he also conducts educational courses at colleges around Southern California providing requirements for licensing.
