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Rating: 
Summary: Foreclosure is not an easy subject, but this is a keeper...
Review: George Achenbach, has written other real estate books under the names Val Cabot and Lee Crown. He has been a builder of 7,000 houses and a buyer of foreclosed properties. He tells of his sucesses as well as his unsucessful ventures into the foreclosure world. His book has pictures of and descriptions of the various foreclosure cases with which he has been involved. His book is written from the prespective of somebody who actually worked foreclosures for many years. This is not the easiest area of real estate investment to work, but through deligence and perserverance the rewards can be extremely lucrative. There are other books on foreclosure, but I can't think of any that are as good. Over 50,000 copies of this book have been sold and with good reason. There are a lot of PRETENDERS in the foreclosure field with books and course that have high promises and little substance. George Auchenbach is the REAL Deal. He's done foreclosure investing for many years and has written an easy to read layman book on foreclosure.
My only criticism is that some aspects are dated. The cases in the book stretch back over the 30+ year career of the author and therefore some of the dollar amounts and the years of the transactions are old. However the principles and lessons learned from the author's experiences are timeless. This is best book on foreclosure that I've read, but I'm still looking for something better, that perfect book. If I could I would have rated it 4.5 stars. I recommend this book to anyone interested in buying foreclosure real estate.
Rating:
Summary: Foreclosure is not an easy subject, but this is a keeper...
Review: George Achenbach, has written other real estate books under the names Val Cabot and Lee Crown. He has been a builder of 7,000 houses and a buyer of foreclosed properties. He tells of his sucesses as well as his unsucessful ventures into the foreclosure world. His book has pictures of and descriptions of the various foreclosure cases with which he has been involved. His book is written from the prespective of somebody who actually worked foreclosures for many years. This is not the easiest area of real estate investment to work, but through deligence and perserverance the rewards can be extremely lucrative. There are other books on foreclosure, but I can't think of any that are as good. Over 50,000 copies of this book have been sold and with good reason. There are a lot of PRETENDERS in the foreclosure field with books and course that have high promises and little substance. George Auchenbach is the REAL Deal. He's done foreclosure investing for many years and has written an easy to read layman book on foreclosure.
My only criticism is that some aspects are dated. The cases in the book stretch back over the 30+ year career of the author and therefore some of the dollar amounts and the years of the transactions are old. However the principles and lessons learned from the author's experiences are timeless. This is best book on foreclosure that I've read, but I'm still looking for something better, that perfect book. If I could I would have rated it 4.5 stars. I recommend this book to anyone interested in buying foreclosure real estate.
Rating: 
Summary: Vague, outdated info
Review: No one book is perfect. Read as much as you can before putting your money at risk, but do NOT exclude this book. It is the best of at least 10 that I've read recently. This is an author who's really done it, over and over. He gives details of his own examples in buying and selling, carrying paper, renting and rehabing. He's creative and honest. This is a hands-on, non-theoretical approach. There's absolutely no hype and he spends zero time trying to convince you how great he is (or how much you need to buy this or that seminar/tape/etc.) This book is straight forward, good information about finding and buying distressed properties, then rehabing or renting or selling or creative deal-making with them for profit. Some of the information seems slightly dated and many of his examples were deals probably not so recent. The book has some typos and reversed photos (of the condo where the house discussion is and vica-versa). Nonetheless, I never felt a lack of relevance in the material. Its not perfect, but its very good.
Rating: 
Summary: lots of good technical detail
Review: Of the several foreclosure manuals I've read, this is definitely the best. The author gives several examples of his own purchases making it more believable. This one is not quite as hyped-up as the usual get-rich-easy real-estate book. The 3 phases of foreclosure, along with lots of good technical how-to details are covered. I highly recommend it!
Rating:
Summary: Don't waste your money
Review: The material is out-of-date. This book only talked about a little bit about everything on foreclosure. don't waste your money.
Rating:
Summary: Vague, outdated info
Review: This book reminds me of the joke "How to Make a Million Dollars and Never Pay Taxes". Step 1: First you get a million dollars. All the info was about that useful.
Rating:
Summary: This Book is a Goldmine of Information!
Review: Very informative and well written, great resource for foreclosure knowledge.
Rating: 
Summary: Some good ideas but not enough questions answered
Review: While the writer has some good ideas on putting together a process on buying foreclosures, he does not answer many of the crucial questions someone new to the field has. 1) How clean is the title when delivered by a foreclosing bank? 2) How to conduct a reliable appraisal. (he spends 1-2 pages on the in the whole book) Good ideas but there have got to be better books that answer the important questions.
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