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Book review: 'American Foreclosure'

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“American Foreclosure: Everything You Need to Know about Preventing and Buying” by Trevor Rhodes (McGraw Hill, $25.95): This book examines foreclosures from the perspective of the homeowner and a buyer by providing extensive details on state-by-state forms and legal procedures. The author is not only a real-estate professional; he says he lost his first home to foreclosure and so knows the pain of losing a property. His main topics are: preventing foreclosure and avoiding scams; discovering financial options and risks; understanding the foreclosure process; communicating and negotiating with lenders; finding and buying foreclosed properties. The book is accompanied by a CD that includes forms, resources, property listings and other materials.

- PAM ROBINSON

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