Mar
13
Buy Low and Ride the Market Back Up
I was recently talking with a lady that is focusing on doing rehab flips in California. The real estate market where she lives is very slow, there are an unusually high number of properties sitting on the market for sale and prices have come down dramatically. She is confident she can buy properties at a good price but is not so confident she will be able to sell them in the current market. Renting properties historically hasn’t been an option in her area because rents have not kept up with […]
Mar
11
Opportunities with Bank Owned Foreclosures
Bank owned properties can be great investment opportunities for investors. Banks and lenders don’t want these properties and they are getting more and more of them as the foreclosure numbers continue to sky-rocket. The question then is, are there good deals or can these properties be purchased at a discount? Banks and Lenders are not always willing to discount their properties, but oftentimes they are willing to take discounts. Banks take into consideration many factors when selling their properties. Here are some statistics that show banks’ willingness to sell properties […]
Mar
10
Protected: Real Estate Graduate Call 3-10-08
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Mar
10
BEST TIME TO BUY A HOME IN 4 YEARS
New Report Says It’s the Best Time to Buy a Home in Four Years Published: March 05, 2008 Cleveland–A new report by Cleveland-based National City Corp. and financial analysis firm Global Insight, which has offices in 13 countries, says now may be the best time to buy a house in more than four years. Falling home prices, coupled with valuations–the difference between what a home should cost and its price–are at their lowest point since 2004, according to CNNMoney.com. More than 88 percent of the 330 housing markets reviewed in […]