To the experienced real estate investor, a lot of the ideas in this book are already familiar and redundant but overall I am pleased with this book. It is by all means, not an "explain it all book" on foreclosures.
But like what most previous reviews have already stated, a great book to
start.

The author's writing style is very easy to read & understandand just as his title reads "explained simply". Introducing readers to the different types of procedings involved in the pre through post foreclosure process and how one can score deals and profits any time in the process, i love how we are constantly reminded that we are making profits based on other people's misfortunes. Very to the point and 100% true.

If your interested in learning about or new to foreclosures and looking to capitilize on the coming tide, or should i say TSUNAMI of foreclosure opportunities, this book is a MUST READ and a perfect place to build a foundation.

Good luck, fellow real estate investors and happy hunting!

This was my first foreclosure real estate book I've purchased. This book is more of an overview of the topic. This book feels like reading a college text book. It has no soul or spirit behind it. What I mean is that, you will rarely read about the author's first hand experience with foreclosure. To tell you the truth, this book feels like a research paper or an article written by a college professor who has no real world first hand experience in the subject. Don't get me wrong, the information presented in this book was great and accurate. But it lacks the entrepreneurial spirit found on RE books. I recommend this book to people doing research on the topic or someone who just wants a general overview on the subject. If you want a "how to book" this book may not be the answer for you. I would recommend The Pre-Foreclosure Property Investor's Kit: How to Make M Buying Distressed Real Estate -- Before the Public Auction. The problem that I had with this book was that the author just presented the information but really didn't give a formula on how to buy foreclosures. It left it up to the reader on how to go about it.

In digging into this book, the author continually quoted other books. That annoyed me quite a bit and kept me asking, "Why didn't I buy the other book?" If you're starting off at "ground zero" and know nothing about mortgages, etc. this book is a helpful guide. It also contains concise explanations of different types of "legalese" and gives you places to look. Overall, a good place to start.

If you hesitated about getting into real estate investing during the real estate housing boom, the new boom - the one in foreclosures - may be your chance to build wealth by buying forclosed real estate.

This book is not for everyone. As a licensed real estate agent for eight years, I have seen people try to get rich quick using various schemes they have heard about on television or read about in books - with little success. This method is no fly-by-night strategy and not everyone who would be able to invest successfully. Investors need - at the very least - good credit, some ready cash and a willingness to work hard and stick to the plan.

Those who are able to take advantage of the foreclosure niche in the current buyer's market can create for themselves a life making income as a real estate investor.

The authors wrote this book for the brand-new investor, including not only basic information on how to choose and invest in foreclosures, but current information on where and how to find and choose foreclosure properties, current real- estate and foreclosure laws from state-to-state and detailed information on what to expect during every step of the process. The are even chapters on how to rent your new property, if you choose to do so.

While this book is primarily for investors, buyers looking for a home of their own will find this book filled with useful information. Foreclosed homes can be found at bargain prices and home buyers can use these same procedures to find the home of their dreams. Too many buyers, frightened by the headlines, are not taking advantage of a once-in-a-lifetime buyer's market to buy their own home.

Investors will also find the real estate dictionary and extensive list of references extremely helpful if they plan (and they should) to continue to learn about investing as the foreclosure market changes.

The authors do not pretend that making money by buying and selling or renting-out foreclosures is easy and they caution that in real estate investing, money can be made, or it can be lost. That attitude is what makes this book superior to most. If your plan is to buy foreclosed homes with no money down, no assets and no risk, then look somewhere else - an good luck to you. But, if you are looking for a levelheaded approach to real estate investing in the current market, this approach is a winner.

Real estate investors can amass a fortune by purchasing foreclosed homes at various foreclosure auctions, and this guide is the resource novices and pros will find an outstanding key to locating such bargains. From auctions and online processes to making it easy for bargains to come your way, THE COMPLETE GUIDE is a survey investors will find easy to begin with, making it the perfect item of choice for public libraries.

Diane C. Donovan
California Bookwatch

Frankie and Marsha have truly put together a user friendly guide that examines the foreclosure process. For anyone looking to purchase a home or invest in the foreclosure market, this book is truly a gem. The book aims at helping investors take advantage of the foreclosure market. They point out the potential pitfalls and abundant gain that a foreclosure can bring investors.
Homeowners would also benefit from reading this book. The book provides an insiders look at how the foreclosure process works and the way that investors can potentially save them before a foreclosure occurs. The best defense against foreclosure is knowing the tricks of the trade.
The book is user friendly and well organized. Not to mention part of the proceeds are donated to a worthy charity.

The Complete Guide to Locating, Negotiating, and Buying Real Estate Foreclosures: What Smart Investors Need to Know - Explained Simply is the best explanation I have read for buying foreclosures in a long time. It starts off in plain English, crunches the numbers for anyone not sure if they can afford it and then gets straight into the how to. While I didn't take the author's advice of skipping around it is entirely possible to skip around chapters, reading what's most interesting first, before coming back thanks to the simply way everything is explained inside. Whether a first time buyer or a long time investor I think anyone would benefit from reading this book.