http://www.bankerandtradesman.com/blogs/housingscene/2009/11/04/investors-snagging-house-bargains/ Just another Warren Group Blogs weblog Thu, 17 May 2012 06:01:46 +0000 http://wordpress.org/?v=2.6.5 http://www.bankerandtradesman.com/blogs/housingscene/2009/11/04/investors-snagging-house-bargains/#comment-1201 John Anderson Mon, 09 Nov 2009 19:42:10 +0000 http://www.bankerandtradesman.com/blogs/housingscene/?p=262#comment-1201 In regards to this article in which the writer leads one to believe that allthough there are opportunities to buy a home that homeowners are getting shortchanged here because investors are driving up the price and in reality it is usually the number of buyers out there compared to the number of vialble homes for sale. What I mean is that allthough there are a lot of home for sale and homes prices are down when a good home (based on location and condition)comes on the market there can be times when there are multiple offers on the homes hence the rise in prices but in those case you will find that it is usually the homeowners who drive it up as investers are there to make a profit and will not over bid on homes but homebuyers or the inexpierenced investor over bids and forces up the home. What homebuyers need to do is find and select a realtor to work with. This person can keep them informed when these hot properties become available and also recommend what to offer based on their expierence. They can also help you find a way to buy that is being over looked. That is the tired and in need of repair home that has been on the market for a while because it is more then an investor wants to pay and needs more work then a homebuyer want to do or pay for but with the goverment sponsored 203K program homebuyers with an eye can gets some good deals. In regards to this article in which the writer leads one to believe that allthough there are opportunities to buy a home that homeowners are getting shortchanged here because investors are driving up the price and in reality it is usually the number of buyers out there compared to the number of vialble homes for sale. What I mean is that allthough there are a lot of home for sale and homes prices are down when a good home (based on location and condition)comes on the market there can be times when there are multiple offers on the homes hence the rise in prices but in those case you will find that it is usually the homeowners who drive it up as investers are there to make a profit and will not over bid on homes but homebuyers or the inexpierenced investor over bids and forces up the home.
What homebuyers need to do is find and select a realtor to work with.
This person can keep them informed when these hot properties become available and also recommend what to offer based on their expierence. They can also help you find a way to buy that is being over looked. That is the tired and in need of repair home that has been on the market for a while because it is more then an investor wants to pay and needs more work then a homebuyer want to do or pay for but with the goverment sponsored 203K program homebuyers with an eye can gets some good deals.

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