This book even sparked a few ideas of my own. There are plenty websites in here that you will find useful as well. Mr Lucier has provided some gems on this topic as well. Another plus is the some real-world letters are present (that can also be downloaded from his web site) which can be used with very little modification (name and address change) to communicate with the clients. I was amazed by the quick response from the author. I sent him emails for questions and he replied very quickly.
He mentions the vacancy exclusion clause in insurance policies (comes into play after you bought the property and you're fixing it up and it's on the market). Apparently, this clause means an insurer is not liable for any losses that occur to a property that's been vacant more than 30 days.
This is the best book in foreclosure I have ever bought and read. All the sample letters were professionally written and customizable to your purpose.
Before reading this book, I had read "The 250 Questions Everyone Should Ask About Buying Foreclosures" by Lita Epstein, "Cashing in on Pre-foreclosures and Short Sales" by Chip Cummings and "Guide to Making Hugh Profits Investing in Pre-foreclosures without Selling Your Soul" by Alexis McGee. All these books together contributed to my overall understanding of this subject. The step-by-step approach works great for novices. The author includes his phone number and email address and he returns emails within a day. Mr Lucier's approach to the pre-foreclosure investment is sensible and thorough in that he not only tells you exactly how to become an informed investor but also instructs the reader on exactly how to protect themselves and their investment dollars and stresses the importance of doing so. Of course, the pre-foreclosure process is technical and in my opinion is beyond the scope of any single book, but the information in this particular book will provide readers with a foundation of knowledge which is superior to that which might be acquired from reading other books on this subject.
I recently purchased this book and found the advice and wit very informative. I also emailed the author as suggested in the book and he quickly and concisely replied with sound information. The author goes into much detail on all the ways of making profits with pre-foreclosures. I highly recommend this to all. Ask yourself, how often have you gotten that type of attention from an instructor" It's been my experience that only the instructors who really know what they are talking about and are happy to teach make that type of commitment. And I truly thank this book for steering me right. I take off one star only for the author's occasional right wing rants.
I purchased this book the first day it came out on 12/17 and I must say WOW! All the information in this book is great! This is an excellent book for beginners and advance. It lays out clearly all the pros and cons of buying pre-foreclosed properties.
He mentions the vacancy exclusion clause in insurance policies (comes into play after you bought the property and you're fixing it up and it's on the market). Apparently, this clause means an insurer is not liable for any losses that occur to a property that's been vacant more than 30 days.
This is the best book in foreclosure I have ever bought and read. All the sample letters were professionally written and customizable to your purpose.
Before reading this book, I had read "The 250 Questions Everyone Should Ask About Buying Foreclosures" by Lita Epstein, "Cashing in on Pre-foreclosures and Short Sales" by Chip Cummings and "Guide to Making Hugh Profits Investing in Pre-foreclosures without Selling Your Soul" by Alexis McGee. All these books together contributed to my overall understanding of this subject. The step-by-step approach works great for novices. The author includes his phone number and email address and he returns emails within a day. Mr Lucier's approach to the pre-foreclosure investment is sensible and thorough in that he not only tells you exactly how to become an informed investor but also instructs the reader on exactly how to protect themselves and their investment dollars and stresses the importance of doing so. Of course, the pre-foreclosure process is technical and in my opinion is beyond the scope of any single book, but the information in this particular book will provide readers with a foundation of knowledge which is superior to that which might be acquired from reading other books on this subject.
I recently purchased this book and found the advice and wit very informative. I also emailed the author as suggested in the book and he quickly and concisely replied with sound information. The author goes into much detail on all the ways of making profits with pre-foreclosures. I highly recommend this to all. Ask yourself, how often have you gotten that type of attention from an instructor" It's been my experience that only the instructors who really know what they are talking about and are happy to teach make that type of commitment. And I truly thank this book for steering me right. I take off one star only for the author's occasional right wing rants.
I purchased this book the first day it came out on 12/17 and I must say WOW! All the information in this book is great! This is an excellent book for beginners and advance. It lays out clearly all the pros and cons of buying pre-foreclosed properties.
