Buying Property in USA – Foreclosures
7 comments so farIs Now The Time To Buy Foreclosures?
I have read this article on Yahoo Real Estate already few weeks ago, but I think that it is so interesting and motivating that I am posting it here today. If you are looking for Buying Property in USA, you should know about foreclosure opportunities. As everybody knows the financial crisis wiped out assets worth of trillions last year. I have been investing in stocks as well and as everybody else I am way down from the purchase prices of them. I am still optimistic and I won’t sell stocks right now, but also I wouldn’t be buying much more. What should we do in these difficult investing times?“But there is a future. People will eat, classes will be taught, supermarkets will open, buses will run and most people will want to live indoors — meaning that much of the economy will go on, if not precisely as before then at least in some recognizable fashion.” says Peter Miller. I must agree with him in this. What can encourage more people – the best investments are always done when others don’t know about them yet. It is usually better to go “against the grain, by selling when most are buying and vice versa”. Is it now the right time to buy foreclosures? “Yes, but not for everyone”, says Peter Miller. You can get significant discounts and it can be the best starting point for a long term investments. As it was said hundred times, smart investors aren’t making most of the money when selling but already when buying. In the end of the article there are 10 core questions, which everyone who is considering buying foreclosure property in USA should ask himself. (To see the article please follow the link at the heading of this post)
Thursday, February 19th, 2009 at 12:00 am and is filed under buying property in usa, General Education, NEWS. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
Where is the link?
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