Market Trends and Condition

I wanted to share Bailey Meadows Journal with all of you and I cant seem to get an answer from this strategy.(HER STRATEGY IN HER JOURNAL IS DOWN BELOW)

How does this process work?
I dont understand, I know you get your fee up front. Question:
Are you going through escrow with your endbuyer and then quit claim the deed and get your name off.
If so, I was told from a Title Officer that putting in offers with the endbuyer on the addendum as a second buyer without his signature would raise red flags to get my offer accepted.

I'm new to this and have done some internet property price checking.
After scanning the MLS listing for my area, I compared for sale prices on addressed against the County assesment of same property and found that most MLS asking prices are somewhere between 10-20k more than the county's property assesment value.
Obviously I want to offer less than the MLS listing, but should I go below the county's assesment value??
Why is there such a value differential??
Someone help me with this please.
Thanks.....Ken

Is anyone able to afford anything here? Are there deals to be had in this area. I live in the Glendale/Burbank area. I saw someone on this board from the South Bay. What is the best way to get started in this geographic area?

Kaaren

Is anyone able to afford anything here? Are there deals to be had in this area. I live in the Glendale/Burbank area. I saw someone on this board from the South Bay. What is the best way to get started in this geographic area?

Kaaren

Is anyone able to afford anything here? Are there deals to be had in this area. I live in the Glendale/Burbank area. I saw someone on this board from the South Bay. What is the best way to get started in this geographic area?

Kaaren

In the first part of 2009,Between all of are choices
...FSBO, PRE-FORCLOSURE, FORCLOSURE, LEASE-OPTION,
ESTATE, SHORT SALE, REO, TAX DEED, and ETC, What shows
more promise in your area...Assigning or buying!

Randy
2birds--------1stone
"MAKE YOUR ACTIONS COUNT"

In an article found in Business Week Online; 3/6/2009, p9-9, 1p
The article reports that as the once-inflated property prices bottom out housing sales are increasing dramatically across the U.S. This is reportedly because the people selling homes are under water on their mortgage and are trying for a so-called short sale, where the lender agrees to take less than what's owed to prevent a foreclosure. Prices have allegedly dropped so low that cash-ready investors and first-time buyers are making multiple offers on distressed properties.

According to an article found at: http://seekingalpha.com/article/67789-nowhere-near-a-real-estate-bottom it is suggested that The real estate bottom is so far in the future it’s not even worth attempting a prediction. Real estate is not a liquid investment. Selling a property is time consuming, energy draining and expensive. Most people can not afford to buy anything without a mortgage; most people require the assistance of an agent; most people live in the only property they own; most people simply do not bounce around too often.

According to this article found at: http://realestate.msn.com/article.aspx?cp-documentid=13107811

The housing market will continue its downward spiral, forecasts say, and that means opportunities for buyers. But waiting for the market bottom may not be the smartest strategy.

The latest housing headlines are far from encouraging: Foreclosures are up, home prices are down and new-home sales are at record lows. All this dismal news has many buyers sitting on the sidelines, afraid to make a move. But, economists say, waiting for the bottom may not be the smartest strategy.

I know it hard out here. And I'm sure a lot of you can testify to that. But remember strong faith and simplcity goes a long way. Sure we all want to gain more now in a time when theres not much to gain. However learn to be very generous from the heart, mind , body, and soul. My point is to focus on building wealth from within first. In time your desires will be granted.