Archive for June, 2009



Buying Cheap Homes – Be wary of it’s History

Wednesday, June 17th, 2009

See those many listed properties that are simply too good to be true? Be sure you do a deep background search on these properties as part of your real estate planning strategy. Why you may ask? Well the DEA and local law enforcement has released a report that a huge number of clandestine mth labs have been found in empty homes that are up for sale, used without the owners even knowing they were being used for the illegal drug production. These homes normally exhibit some signs that can be sure sign of their dangerous past, yellow stains on the walls, acidic smell and more. Be cautious when buying property that has an extremely low price, for its best to be sure than sorry.

Commercial Real Estate Buyers and Lenders Eating Up Cheap

Tuesday, June 9th, 2009

The recession does have a silver lining for people in the commercial real estates business for properties do sell for a fraction of their price during such trying times. It shows that for investors of lending companies, more people are opting to re-finance hence they get more profit for the same properties as the recession takes its toll on the global economy. Commercial property buyers are making a profit, stocking up for the time when property values do go up and return to more profitable levels, making them a ton of money that would have not been possible had the prices had been their previous levels. These people make their move, waiting for the values of properties for commercial applications to drop to their lowest levels, a level that has been reached a few months back, then start buying up as much as their investors would finance, stocking up for the coming reaping of their investments as the market recovers.

sidebar imagesidebar image