We just saw a huge spike in foreclosures in the eastern united states that is breaking all kinds of records! Todays show talks about how entrepreneurs, buyers, sellers and investors should react to this news. Should we worry or look at this as a chance to purchase a home? What about current home inventory? Will this uptick in foreclosures effect property values?
The important thing is that this represents a limited time opportunity for entrepreneurs, investors and first time buyers! This jump goes way beyond what investors in those markets can handle, but that will not last long! If you have the resources or can work quickly, this could represent an AMAZING opportunity for you to acquire a property at a great price!
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