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Quick cash strategy, 3, 29, 38,
At foreclosure sale, 58“59
49, 53, 85, 96, 98, 109, 113,
Pre-foreclosure, 37, 98
130, 153, 154, 164, 179
After notice of default, 55“58,
201“203 Advantages, 4“8
Before notice of default, 54“55 No extensive record keeping, 4
Timelines, 54, 55, 56 No hazard insurance, 6
What is, 18 No homeowners association, 5
Freddie Mac, 119, 123, 124, 129 No income tax problems, 4
No landlording, 7
How to Sell Your Home Without No lawsuits, 4“5
a Broker, 117, 168 No monthly mortgage
HUD (Housing & Urban payments, 6“7
Development), 73 No property taxes, 6
No repairs & maintenance
Lis pendens (legal action costs, 5
pending), 20 Quick cash, 7“8
Long term wealth building, 3 Foreclosures, 17
Quit Claim deed, 26
New Path to Real Estate Wealth:
Earning Without Owning, 53, Real estate lenders, 30“33
170, 172, 190, 221 Adjustments, 22, 23, 25“26
See also Foreclosure; Renegotiate
Option contracts, 183“195 with lender
Real estate paperwork, 101“105,
Foreclosures, 192“195
209, 213“220
How to, 189“191
Option fee, 184“185 Closing, 217“220
Optionor/optionee, 183 Financing side, 102“103
When to, 191“192 Foreclosures, 209, 217
Why use, 185“189 Presenting, 216“217
See also Assigning; Option Security side, 103“104
contracts Title side, 102
OSHA (Occupational Safety & Types, 214“216
Hazards Association), 4 Rent busters, 37“38
INDEX
272



REO (real estate owned), 36, 48, Sample CA buyer noti¬cation/
59, 73, 119, 199 cancellation, 56
RTC (Resolution Trust
Corporation) VA (veterans administration), 23,
Rule of 72, 31 113, 118

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