in ,

Real Estate Investing in a Down Market

refinancing a mortgage
Mortgage

Don’t worry about the news reports. Forget about the doom and gloom forecasts. There is no better time to invest in real estate then …Right Now, you just have to do it properly.

Here’s the problem, too many investors try to stick to one ridge investment strategy. Sure, if the market never changes and all buyers and sellers stay in the same mindset this will work fine. The problem however, is that both markets and mindsets change, all the time.

As an investor, you need to be ready to pounce on a good deal as soon as you see it. It doesn’t matter what the economists say, there is always a good deal to be had, if you keep your eyes opened. Be on the lookout for a motivated seller.

What is a motivated seller?

Well think about some of the various scenarios that would make a person want to suddenly sell their home. Divorce, job relocation, death or other financial difficulties will cause a person or family to have to sell. You as an investor should be on the lookout for these types of situations.

Now, I realize it sounds pretty cold to try to profit from someones hardship but keep in mind, if you don’t, someone else will. Further, you are actually helping the other persons situation by being their to make that deal. There is no reason to feel guilty about doing this.

So, be ready to pounce whenever you see a good deal, remember what would constitute a motivated seller and get creative in looking for ways to find them.



Source by Chris B. Jenkins

Leave a Reply

Your email address will not be published. Required fields are marked *

refinancing a mortgage

Investing In Bank Guarantee (BG) or SBLC – Choose The Best One

refinancing a mortgage

Standard Variable Rate Mortgages