NOW is The Time to Build Wealth With Real Estate!

• An Abundant Supply of Cheap Homes

According to RealtyTrac.com, there are currently over 2 million foreclosure properties listed in the United States. While this is not great news for the industry or the US economy in general, it represents a HUGE opportunity for real estate investors who have cash to invest or can qualify for a home loan!

• Be Bold When Others are Fearful

Now is the time for contrarian real estate investors to strike, while prices are low, the number of distressed properties continues to grow and yet home loan funding is still available at historically low interest rates.

• Foreclosure Data is Easy to Find

Web sites such as Foreclosure.com, TaxLienInvesting.com and RealtyTrac.com all provide comprehensive listings of pre-foreclosure and foreclosure properties, so these days locating a distressed property to purchase is easier than ever!

• Take Advantage of Failed Investors

Many real estate investors were caught with their pants down after the boom; many who invested in a home or rental property in 2005 or 2006 have their capital tied up in properties that have lost value.
If you are prepared and were looking ahead during the boom years, wondering “Hmm … When will this bubble burst?” then now is your time to start looking at potential real estate investors.

• When is it the Right Time to Buy?

Timing is everything in investing - interest rates are at historic lows now and home prices will gradually start to recover. If you wait until everyone agrees that the recovery is here - interest rates AND home prices will have risen - many opportunities are lost.

• Looking for Signs of a Recovery

The guess as to when things recover is ultimately for you to decide, but just as people get caught up the irrational exuberance and euphoria when a market is near the top, they go even farther to the other extreme at the bottom. Some people predict doomsday, others say the markets won’t recover for years and things seem dark and disparaging. Who would invest money at a time like that? The smartest investors always do, riding the crest of each wave and taking their time looking for the next set to come in during a down time.
September 13th, 2008by SurfRate.com