California Residential Foreclosures: The Complete Guide to Equity Purchases and the Laws Governing Distress Sales

Product Details

Buyers and sellers will learn how to confidently complete transactions with simple step-by-step examples while gaining a comprehensive understanding of the pitfalls and prevailing laws that govern such transactions.

Furthermore, this book will arm the equity purchase (EP) investor with the expertise needed to apply all EP rules while personally handling the negotiations and documentation necessary to contract for, escrow and acquire a home during the period the property is in foreclosure.

Real estate licensees and lawyers will find a comprehensive and complete treatment of the subject matter. Whether you act as an agent to a transaction or as an attorney advisor to a client, this book provides the most current laws and covers all the relevant statutory provisions that control interactions between sellers-in-foreclosure and investors.

This book also covers the rules of taxation on short sales and discharges of indebtedness.

Filled with scores of case examples that present the subject matter in an easy to understand, hands-on approach, California Residential Foreclosures will arm homeowners, investors, licensees and attorneys with the tools necessary to handle all aspects of the sale and acquisition of residential property in foreclosure.

Product Reviews

(5 stars) - A top pick for anyone looking to get into west coast real estate
Real Estate is one of the true ways for one to truly make themselves a millionaire - "California Residential Foreclosures: The Complete Guide to Equity Purchases and the Laws Governing Distress Sales" is a timely and comprehensive guide to any would be landlord who wants to make their fortune in real estate. Stating that now is the time due to thousands of homes in California about to be on the market, the demand is high and the money is there to be made. "California Residential Foreclosures: The Complete Guide to Equity Purchases and the Laws Governing Distress Sales" is a top pick for anyone looking to get into west coast real estate and for community library real estate collections.

Diane C. Donovan
California Bookwatch

(4 stars) - For Equity Purchase investors only
A very useful book. Good boilerplate forms that you can read/use when preparing for your purchase. This book is for equity investors only. It is NOT for people trying to buy a foreclosure as their primary residence!

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