http://www.larryhotz.com/denver-august-real-estate-market/ Denver Lifestyles and Homes For Sale Sat, 04 Sep 2010 10:28:51 -0600 http://wordpress.org/?v=2.9.2 hourly 1 http://www.larryhotz.com/denver-august-real-estate-market/comment-page-1/#comment-27 John Sun, 09 Dec 2007 17:18:48 +0000 http://www.larryhotz.com/blog/denver-august-real-estate-market/#comment-27 Banks and mortgage lenders are not really in the Real Estate investing business. In fact they are really in the lending business and they want to collect interest on loans and the fees they get for servicing and so forth. But, they must deal with the large number of defaulting loans. Unfortunately for banks, many are not permitted to keep these non-performing assets on their books. This creates opportunities for investors to buy the banks' problem properties. But, buyer beware; do your homework and make sure that you understand you will be buying "As Is" unless you manage to get the bank to fix the property before you take it over. You may find properties for sale on the banks' own Web sites: Bank of America, Countrywide and U. S. Bank each have some. http://www.thejohnbeck.tv Banks and mortgage lenders are not really in the Real Estate investing business. In fact they are really in the lending business and they want to collect interest on loans and the fees they get for servicing and so forth. But, they must deal with the large number of defaulting loans. Unfortunately for banks, many are not permitted to keep these non-performing assets on their books. This creates opportunities for investors to buy the banks’ problem properties. But, buyer beware; do your homework and make sure that you understand you will be buying “As Is” unless you manage to get the bank to fix the property before you take it over. You may find properties for sale on the banks’ own Web sites: Bank of America, Countrywide and U. S. Bank each have some.
http://www.thejohnbeck.tv

]]> http://www.larryhotz.com/denver-august-real-estate-market/comment-page-1/#comment-26 John Sun, 09 Dec 2007 17:17:51 +0000 http://www.larryhotz.com/blog/denver-august-real-estate-market/#comment-26 Many people think of foreclosure investors as being "bottom feeders" or parasites - taking advantage of the misfortunes of others. Others view them as being a necessary evil - or safety net that will help to adjust the market price and stabilize the real estate market. Whatever you think, someone must buy these properties. Just as "vultures" have their place in the natural ecosystem; so too foreclosure investors have a place in bringing some sanity and stability back into a real estate market that had become a feeding frenzy of over extended buyers driving ever higher prices in already over heated markets. http://www.thejohnbeck.tv Many people think of foreclosure investors as being “bottom feeders” or parasites – taking advantage of the misfortunes of others. Others view them as being a necessary evil – or safety net that will help to adjust the market price and stabilize the real estate market. Whatever you think, someone must buy these properties. Just as “vultures” have their place in the natural ecosystem; so too foreclosure investors have a place in bringing some sanity and stability back into a real estate market that had become a feeding frenzy of over extended buyers driving ever higher prices in already over heated markets.
http://www.thejohnbeck.tv

]]> http://www.larryhotz.com/denver-august-real-estate-market/comment-page-1/#comment-25 John Sun, 09 Dec 2007 17:16:04 +0000 http://www.larryhotz.com/blog/denver-august-real-estate-market/#comment-25 The foreclosure market appears to be expanding with no signs of relief. The combination of overextended sub-prime mortgage holders and an ominous economic slowdown indicate that this is a trend that is likely to continue for at least the next year. With all the negative news in the wind, should you venture into foreclosures now or wait for the bottom of the market to hit? http://www.thejohnbeck.tv The foreclosure market appears to be expanding with no signs of relief. The combination of overextended sub-prime mortgage holders and an ominous economic slowdown indicate that this is a trend that is likely to continue for at least the next year. With all the negative news in the wind, should you venture into foreclosures now or wait for the bottom of the market to hit?
http://www.thejohnbeck.tv

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