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Keys to Buying Foreclosed and Bargain Homes (Barron's Business Keys)

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Title: Keys to Buying Foreclosed and Bargain Homes (Barron's Business Keys)
by Jack P. Friedman, Jack C. Harris
ISBN: 0-7641-1294-5
Publisher: Barrons Educational Series
Pub. Date: 15 April, 2000
Format: Paperback
Volumes: 1
List Price(USD): $7.95
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Average Customer Rating: 3.17 (6 reviews)

Customer Reviews

Rating: 1
Summary: Keys to Buying Foreclosed & Bargain Homes
Comment: This book was extremely disappointing. It is too high level and superficial to provide any actionable information. It provides the same level of detail I'd expect from a magazine article, not a book.

Rating: 1
Summary: Over simplified and short
Comment: I've read about 6 books on real estate bought from Amazon, and I have to say that this one is the most oversimplified. It is like reading one of those "pocket MBA" books, which just tells you terms and procedures. Don't expect to read this book and be able to transact "foreclosed and bargain homes". It is far from that! For instance, the chapters on how to identify and find a "bargain" home comes down to this: look it up at a bank, MLS, or internet. Heck! I could have told you that for free! Given that that is the most important step, I was really disappointed with this book. Don't waste your money...

If you want to buy an overview or basics book on home buying I sugget the "Unofficial Guide to Buying a Home" which is much more detailed and straightforward about buying a home. And it covers in better details what are the pitfalls of buying a bargain home.

Rating: 4
Summary: A good read for those searching for discounted real estate.
Comment: I got this book because I became disenchanted with attempting to purchase real estate through tax liens and was searching for a better way. What I have found by reading this book is that it is possible to purchase real estate at a discount if one is willing to do the leg work.
The authors do a good job defining bargain homes, dicussing strategies on getting the best price and locating repossessed homes. Also the book has a useful glossary, helpful checklist and locations of Hud and VA offices around the country.

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