Why buy a distressed property in a terrible market

Why buy a distressed property in a terrible market

"Why Buy A Distressed Property In A Terrible Market?"

TOP FIVE REASONS:

The value of real estate has decreased tremendously creating a better opportunity to receive a serious discount.

The return on a distressed property can supplement, match or exceed your income.

Sellers are becoming increasingly flexible providing additional ways to purchase with tons of inventory available.

Interest rates are down the lowest they've been in decades, giving buyers more money to purchase a bigger home to afford.

Tax incentives and special government loan programs are available for first time buyers to buy and receive cash back.

Hello everyone and welcome! Cornelius Crawford here and for anyone who does not understand what's going on with real estate and the economy; THIS IS THE BEST MARKET TO BE IN HANDS DOWN!!!!!!!!!!! For as long as we can remember real estate goes through its up and down cycles, kind of like a roller coaster. Though at this very moment in time we are at the bottom of the tracks and the opportunity to purchase residential or commercial properties doesn't get any better than this. If you have heard the expression "buy low sell high" well it's low, limbo low, and its time for you to get in the game. Unfortunately, an opportunity of this caliber won't last long, so let me introduce you to your next wholesale deal before we start going back up the roller coaster again.

A distressed property is one that provides tremendous discounts due to issues that need to be addressed within the home; be it aesthetics, mechanical or structural issues with the actual property to life changing circumstances with the owner. Combine that situation with a terrible market and the value of real estate drops even further giving you a pretty sweet deal. There are so many different ways to buy property, but we have found some of the most successful ways are wholesale deals from ugly, under-utilized REO's (real estate owned) by banks, city and government owned properties, wholesaler listings, estate sales, tax sales, fixer uppers, vacant land and abandoned homes by absentee owners. Why? Well it's kind of like thrift shopping on steroids...when you go to the mall or outlets looking for a deal and you get one of the 'scratch and dent' type products for a discount, you figure you can easily deal with or repair the imperfection right? Now let's take that same beat up product and buy it on black Friday That's the same scenario when it comes to real estate in this economy. The uglier the place, the deeper the discount providing a better return on your money after repair. We want to save on the initial purchase rather than paying the inflated value of something that is already 'dolled up'. That's the simple secret to making it BIG in real estate in today's market, or any market for that matter, as a beginner investor or highly experienced one. Which brings up some questions: What kind of investor are you? For the full report and FREE insider reports to buying your next property, sign up with your name and email address under the video at www.recessionproofbuilding.com

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