Hundreds of people have paid Ted Thomas as much as $5,000 for the inside secrets, advice, and proven system you'll find in this book! Big Money in Real Estate Foreclosures. Now, Ted Thomas - America's number 1 expert on real estate foreclosures - shows you how to find and buy foreclosed properties, and sell them at extraordinary profits. This valuable guide delivers a proven system, one which people routinely pay $5,000 to hear about in Ted Thomas' West Coast seminars. And it gives you the tools you need to approach any seller or enter any auction like a pro. Aided by real-life case studies and the actual contracts, reports, and ads he uses in his own transactions, Ted Thomas shows you how to: find promising properties among a wide range of sources, including sheriff's sales, IRS auctions, and bank-owned real estate (REOs); understand contracts, titles, and deeds; negotiate with sellers and buyers to boost your profits; get financing and work with bankers; cost-effectively rehabilitate the property; target advertising to attract buyers; and avoid pitfalls every step of the way.