FORECLOSURE MYTHS: 77 Secrets to Saving Thousands on Distressed Properties!

By Ralph R Roberts "activerain member"

 Foreclosures across the country are at an all-time high since the 1930's, and continue to break records every day. Foreclosure is an unfortunate reality we must face in the aftermath of the housing bubble of the 1990's, but it can also be an incredible money-making opportunity for those who know how to approach this profitable piece of the market.
Learn the whole truth about foreclosures-and discover some real bargains too!

In Foreclosure Myths: 77 Secrets to Saving Thousands on Distressed Properties!, Ralph R Roberts and Certified Mortgage Consultant Chip Cummings debunk seventy-seven persistent myths that prevent would-be homeowners and real estate investors from taking advantage of the tremendous profit to be had in foreclosures. Through the process of revealing the truth about the most persistent foreclosure myths, Roberts and Cummings show you how to find, evaluate, and buy foreclosure properties at a discount-including how you can use other people's money to finance your investments.

Learn why these and other myths aren't true at all:

· There's nothing an investor can do to assist distressed homeowners

· Only insiders can find good foreclosure properties

· You need a lot of money to start investing

· Only experts can understand the foreclosure process

· Every foreclosure property is a moneymaking deal

· Real estate agents always get the good deals at auction

· Foreclosed properties are always in terrible shape

• You can only sell a foreclosure home after extensive renovations

In addition, Foreclosure Myths features quotes and firsthand stories from top industry professionals that illustrate the path to a successful foreclosure investment, helping you reap maximum rewards from your efforts. Handy resources like national and state foreclosure guidelines, sample forms, checklists, and all the other tools everyday investors need to earn a profit buying, fixing up, and selling or renting out foreclosure properties-or simply making the property their new home, are included in the helpful appendix.

ABOUT THE AUTHORS

Ralph R. Roberts is a real estate investor and an award-winning speaker and author whose other books include Foreclosure Investing For Dummies, Foreclosure Self-Defense For Dummies, and Walk Like a Giant, Sell Like a Madman, all from Wiley. For more information, visit www.AboutRalph.com.
Chip Cummings has spent twenty-five years in real estate finance, with more than $1 billion in loans as a broker, banker, and president of several mortgage companies. He has helped thousands of homeowners obtain their own homes and investment properties, is a certified trainer for the National Association of Mortgage Brokers, and is a former president of the Michigan Mortgage Brokers Association. His other books include Mortgage Myths, from Wiley.

About Wiley
Founded in 1807, John Wiley & Sons, Inc. has been a valued source of information and understanding for 200 years, helping people around the world meet their needs and fulfill their aspirations. Wiley's core business include scientific, technical, and medical journals; encyclopedias, books, and online products and services; professional and consumer books and subscription services; and educational materials for undergraduate and graduate students and lifelong learners. Wiley's global headquarters are located in Hoboken, New Jersey with operations in the U.S., Europe, Asia, Canada, and Australia. www.wiley.com

Ralph R. Roberts, CRS, GRI
Sterling Town Center Office
12900 Hall Road, Suite 300
Sterling Heights, Michigan
48313-1150
Office: (586) 751-0000
Fax: (586) 620-6449
Email: RRnail@Gmail.com
Personal Assistant: Lois Maljak (LoisMaljak@RalphRoberts.com )

Ralph Roberts is the author of many books:
- Flipping Houses For Dummies (Wiley Publishing)
- Foreclosure Self-Defense For Dummies (Wiley Publishing)
- Advanced Selling For Dummies (Wiley Publishing)
- Protect Yourself from Real Estate & Mortgage Fraud (Kaplan Publishing)
- Mortgage Myths: 77 Secrets to Save on Home Financing (Wiley Publishing)
- Foreclosure Investing For Dummies (Wiley Publishing)

Ralph also maintains Websites and Blogs:
- www.RalphRoberts.com  (Ralph's real estate company)
- www.FlippingFrenzy.com   (Ralph's blog about Real Estate & Mortgage Fraud)
- www.AboutRalph.com  (Where anyone can learn more about Ralph)
- www.GetFlipping.com  (A resource for house flippers)
- www.KolleenRoberts.com  (a tribute site to Ralph's daughter)