NEW FORECLOSURE TSUNAMI TO HIT OUR SHORES

The New York Times is reporting what most savvy real estate investors already new, a giant second and third wave of foreclosures is poised to hit the market as banks continue to take homes at a alarming rate. What that mean to real estate investors is three to five years of declining market values throughout mos of the United States. IS this a good time to buy?

The answer is no, if you are buying retail or slightly below retail values. If you are buying short from the lenders then you can take advantage of the greatest opportunity in real estate investing in the past fifty years. Of course to buy short from the bank, you really need the help of experienced short sale specialists.

A experienced short sale specialist will not just get you a small discount off the fair market value they will obtain a spread that allows you to re wholesale the property.If you have been sitting on the sidelines now is the time to act!