Todays Market

Posted on: Tue, 09/08/2009 - 23:09

D-HI

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Todays Market

Hey all....

Lately every offer I submit on REO's or short sales has been rejected. I later find out that they all sold for around 15k-20k off MARKET!!!

How are we as investors supposed to make any money.

Are our days as Real Estate Investors coming to an end???

Please share your experiences in todays market (now to last 3 months)

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by D-HI
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Posted on: Tue, 09/08/2009 - 23:12 #1

Indiana-Joe

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Hazco Investments,

Thanks for the insight about your area. In the Midwest, the kids went back to school before Labor Day and the market was drying up with affordable (investor type) homes with the first time home buyers, etc. Now there has been many new homes listed in the past few weeks, including REOs. I believe that motivated selelrs and the banks will be ready to deal this Fall. Good luck with your future deals. Believe and Achieve! - Joe

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