Looking for a perfect investment opportunity?? It�s right under your
nose! RIGHT NOW is the time to invest and if you wait too long, this
perfect window of opportunity will shut! It�s all about supply & demand.
The demand is extremely LOW and the supply is through the ROOF! To make
the equation simple, prices are at an all time ROCK BOTTOM. Purchase
now.
The real estate market will bounce back again. It will again become a
sellers market in which there are more people looking to buy homes than
people willing to sell them. This will probably not occur for at least
another four years. During that time, things will even out a bit and
housing prices will level off. When the sellers market hits, the prices
will begin to rise again. That is when you want to sell.
In addition to being a good buyers market with tons of foreclosures on
the market, another feature of real estate market today is the fact that
the mortgage rates are lower than they have been in 40 years or so. This
gives you the opportunity not only to take advantage of the low asking
prices on homes, but also rock bottom interest rates.
You should look to your real estate investment as a long term investment
at this point. It will take a few years for the market to rebound from
this slump. When it does, you can then sell and make some money on your
investment. In the meantime, you can use the investment for other
purposes. Either you can live in the home yourself, have family members
live in the home or rent it out to tenants. The mortgage will be covered
and eventually you will be able to sell the property that you purchased
for a lot less than market value, for a profit.
Real estate is one of the greatest investments that you can make. It is
a tangible asset that not only can be used, is something that must be
used. One of our most basic needs is shelter. Real estate is the only
investment that you can make that attends to one our basic needs. You
certainly cannot invest in food as it does not last for the long haul.
And clothing? Too trendy and never worth more used than when new. But
real estate is a winner. A home is the one thing we all need and you can
actually make money by investing in real estate, even in a depressed
market.
Take a look around and buy real estate in an area that is either about
to hit a growth spurt or is stable and established. If you are looking
for a home for yourself, take a look at the many different foreclosures
that are on the market. You can get quite a deal as there are thousands
of these properties all over the United States, even in upscale
neighborhoods. When you find a property that you like, bid low. Take
about 20 percent off of the asking price. The seller can always counter
offer with a higher figure.
Shop around for the best mortgage interest rates and packages. There has
never been a better time than now to invest in real estate.
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