The 250 Questions Everyone Should Ask about Buying Foreclosures »

Whether you're looking to buy foreclosed property as an investment-or as your dream home, The 250 Questions Everyone Should Ask About Buying Foreclosures provides you with the essential questions and answers including how to:

• Decide if a foreclosure purchase is right for you
• Learn the foreclosure rules particular to your state
• Find thousands of property listings before anyone else
• Place the perfect bid at auctions
• Buy properties during various stages of the foreclosure process
• Get an initial investment together

This one-of-a-kind guide will explain everything you need to know to get in on-and profit from-this lucrative real estate opportunity.

Lita Epstein, MBA, excels at translating complex financial topics critical to people's everyday life. She has more than a dozen books on the market, including The 250 Questions You Need to Ask to Avoid Foreclosure, Streetwise(r) Crash Course MBA, Streetwise(r) Retirement Planning, and Alpha Teach Yourself Retirement Planning in 24 Hours. She was the content director for the financial services Web site MostChoice.com and managed the site Investing for Women. She also wrote TipWorld's Mutual Fund Tip of the Day in addition to columns about mutual fund trends for numerous websites. She lives in Poinciana, FL.

Introduction     v
Reviewing Mortgage Basics     1
Understanding Foreclosure Basics     13
Looking at Liens     27
Buying a Property During the Lis Pendens Phase     41
Buying a Pre-Foreclosure     46
Buying a Property Using a Short-Payoff Sale     57
Buying a Property During a Foreclosure Sale     70
After a Foreclosure Sale     82
Bankruptcies and the Foreclosure Process     86
Escrow and Closing     90
Funding a Foreclosure Purchase     96
Discovering State-by-State Foreclosure and Homestead Exemption Rules     102
Fixing Up and Flipping Your Foreclosure Purchase     156
Index of Questions     165
Index     179