Publisher's Synopsis
As the banking and savings and loans crisis unfolded, the US Government became the custodian of more $400 billion in assets from failed bands and S&Ls. These included everything from houses and condominiums to yachts, fine art, luxury cars and computers. With a government mandate to sell off these assets, the Resolution Trust Corporation has been a gold mine of fabulous cut-rate prices for savvy bargain hunters.;This book enables readers to take advantage of the fantastic rock-bottom prices found at unadvertised government auctions. They can learn how to determine the values of the properties being offered, inspect them thoroughly, bid them competitively and walk away with once-in-a-lifetime bargains. Pizzo and Muolo even explain how a buyer can arrange government financing. Pizzo and Muolo are the authors of "Inside Job".