Why aren’t you buying?

As in recent weeks, I noticed that the number of those who, when thinking about investment are not so sure. They feel they will drive things a little further to see what happens. What I find interesting is that the most serious investors Brewer Caldwell is now working with the feeling they need to buy more quickly, before the financial crisis is determined. The reason is that lenders, because once again begin lending money and get better rates when the market recovers. This causes the inventory of homes to decline and then get back to good old supply and demand. Date on which your property you make money. Now, if you buy a home through Brewer Caldwell that only a fool would not, then you most likely be buying well below current market. So you have a head start with you fairly.

It is now time to buy and those who do not buy now buy later when prices are higher. They are always good, but if you knew you could have made a 10 or 15% not wait, you eat forever. Losing money is the worst feeling in the world. Not to make money on the other hand will make you feel like king of the world. I have not met one who does not enjoy the feeling of making a decision and make money from it. Arizona was one of the areas hardest hit in Foreclosures and lower prices. That is bad news for homeowners, but its great news for investors. The Wall Street Journal mentioned that the federal government are underway to reduce the rate of the 24th. This is another sign that says buy buy buy. Buy low sell high.

Here is a clip in the form of an article by Francesca Levy, Forbes.com
October 3, 2008
“Foreclosures play a complex role in the rate of home sales. In cities like Phoenix and Sacramento, closed houses have flooded the market with rebates.
But property laws may have as much to do with homes hit the market as foreclosure rates.
In California and Arizona, the law restricts deficiency judgments - a court ’s ability to collect on the residual value of a home closed after it was sold. In these states, owners of negative equity can walk from the property, resulting in what some call jingle letters, house keys sent to the bank in an envelope. Although the practice has consequences for lenders and borrowers, it speeds sales in a market facing eviction.
At Phoenix, which was 9.4% of transactions recorded over the previous year, many homes were foreclosed ‘t on the market until recently. Sales of houses belonging to banks and other financial institutions were nearly 10 times higher in July than they were last year. Sanders said that at the beginning of the crisis, banks held in foreclosure properties.
Banks, like everyone else, have the hope of a recovery in the housing market. They hoped they could sell a house for details, “he says. As the evidence is that this is not the case, they ‘ve wised up and began to reduce housing prices to get him out of their inventory.

So that’s it. It is now time to buy. Brewer Caldwell has worked diligently to find the best buys on the market. Most of us find homes for our investors CANNOT be built for what we sell to them. Open your eyes and see how great is the opportunity to make a boat load of money. We want to help you succeed by building a real estate portfolio that will help you enjoy the last years of life. So stop sitting around and buy your first investment.

This entry was posted on 15. October 2008 at 19:11 and is filed under Investment Properties. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or trackback from your own site.