Saving money and preventing foreclosure techniques described in a new book
The Business Wire reports about a new book by Charles McKay titled "Smart Real Estate Deals in the Bank Bailout Era and Beyond," which gives homeowners, investors, accountants, and bailout banks strategies to save money, increase cash flow, and to become more profitable in the troubled economy.
As a result of the United States of America's historical bank bailout and the TARP (Troubled Asset Relief Program), new trends in real estate have resulted and are considered. The book discusses the current state of affairs in both residential and commercial real estate, banking, mortgage, and investment markets.
Residents who are in trouble with their mortgage especially in states such as Michigan, Georgia, Florida, California, Arizona, Illinois, Idaho, Colorado, and Ohio can use some techniques on using other instruments than going for foreclosure.
The book presents real estate buyers looking to purchase a new property or home with additional financing sources for the down payment, methods for making a better deal, and strategies for investing.
A software program invented by McKay called Leverage Personal Edition for Real Estate is covered in the book to help buyers determine the property's actual worth. It is sold by GlacierConcept.com and is a real estate investment banker and appraiser wrapped up in software. McKay, a graduate from both Brown University and M.I.T., has additional inventions that can be used to help reduce the national deficit of the United States of America and save jobs.
The book is available on Amazon.com.
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