Demand has plummeted, so what do we do? Swim against the tide and start buying, of course. The Purchase Plan: Double Distress
Prices are down, but if you’re a real estate investor worth your salt, you still want a killer bargain. So here’s the game plan: where others see distress, you need to see dollars.
When you’re at an impasse on which home to buy, make use of these following tips on how to convince your spouse to come around to your way of thinking.
1. Know the reason for his apprehension. There are a lot of reasons why your partner would say no, and it’s your job to find out. [...]
And sometimes owning a house isn’t in the cards for some people. Or is it? Most people seem to think that its the end of the road for them if they have bad credit, or if they owe money to credit card companies. But this just isn’t so. Recently I was searching online for a [...]
When proven methods of valuation demonstrate otherwise, people invent new ones with the caveat, “it is different this time.” It never is.
In every asset bubble people will claim the prices are supported by fundamentals even at the peak of the mania. Stock analysts were issuing buy recommendations on tech stocks in March of 2000 when [...]
It was portrayed as some unusual and unpredictable outside force like an asteroid impact or a cold winter storm. However, it was not unexpected, and it was not caused by any outside force. The credit crunch began because borrowers were unable to make payments on the loans they were given. When lenders started losing money, [...]
Once these markets reach an inflection point, the direction of price movement changes, and the balance of negotiating power shifts from an advantage to one side to an advantage for the other. However, most market participants do not recognize this change for some time. Sellers continue to price and attempt to sell using tactics that [...]
We all know that first impressions count; the pressed shirt, warm smile and firm handshake will all make a positive impact on clients. Yet, the environment where these meetings take place can also have a lasting impression.