How Come There Are More Books On How To Make Money On Foreclosed Properties Than On How To Avoid Foreclosures?
ByBecause ‘get rich quick’ sells more books than ‘work hard and pay your bills on time’.
There probably are just as many books that will instruct you on how to make a budget, how to save from your income, how to have an emergency fund and how to decide on how much to borrow as there are on making money on foreclosures. These actions are a part of general financial acumen and require learning a lot about the basics.
There are also shows and systems dedicated to getting your overall finances under control; there’s Suze Orman and Dave Ramsay (both of them pretty much preach the same message).
I don’t think the weighting is too much towards making money on foreclosures – there is a lot out there on how to position yourself so you don’t need to worry about foreclosure!
good luck!
8 Comments
December 26th, 2009 at 7:01 pm
The reason their are more books on how to make money is it’s opportunistic and that’s the world we live in. how to get rich quick, make money, success, and so on. People that have money will buy that book while people that are in foreclosure don’t have any money so if you wrote that book you probably wouldn’t sell to many copies because they can’t afford to buy one. This is pure capitalism at it’s best. Being foreclosed on is dark and grave while becoming a tycoon at real estate investing is business savvy, thrill seeking, money making.
December 27th, 2009 at 1:29 am
Because people who want to invest their money have extra cash to spend on buying How-To books.
People who are facing foreclosure don’t have any extra money floating around to buy books with.
Also avoiding foreclosure has only 2 parts: pay your bills or declare bankruptcy.
Buying foreclosed homes is more detailed, with different home selection and financing options.
December 27th, 2009 at 4:54 am
Selling foreclosure books is the biggest way to capitalize cause we live in a country where the idea of a quick rich scheme is applauded. But from tons of real estate and short sale experience most of those books do not work nor apply to your state.. Keep in mind also with the real estate bubble which recently busted there are more foreclosures now than any other point in out entire history.. So expect more un qualitative advise from hundreds of people. What your seeing is just the beginning of no end. ..
December 27th, 2009 at 7:30 am
Because there is only three ways to avoid foreclosure. Pay up the mortgage payments past due, renegotiate the loan, or sell the house.
There are many ways to buy house, so there are many ways to make money off of real estate, so there are more books on how to do it.
December 27th, 2009 at 12:08 pm
It is pretty straight foreward. Pay your mortgage and you will not go into foreclosure. Not much need to write a book about that.
The are many strategies on buying foreclosures. Many which do not work in all states. It not so much about information, but it is about selling books.
December 27th, 2009 at 3:19 pm
Because that is the sort of thing that sells, that is why that section is littered with offerings on how to get rich quick. A book on how to avoid foreclosure would be pretty short, pay your bills, don’t enter into risky loans.
December 27th, 2009 at 5:31 pm
Because avoiding foreclosure is so simple, it’s not necessary to read a book. Pay your mortgage, and you avoid foreclosure. Easy.
December 27th, 2009 at 9:35 pm
Because there are more suckers to buy them.