Sure if you stay tuned to the TV and listen to wall street and the bad boys of Washington you would most likely toss your nail bag in the nearest dump. But to do so would be a big mistake once you slow down and look at the BIG picture.
See there is always some bad but then we have the good to look at too. Let’s ponder this for a second. Yes it may be a while before homes start selling again. But maybe not. When the government begins buying these homes, they will have fire sales to dump them as quickly as they can.
I know what your thinking: Who is going to buy them? You and me because now they will be priced to where we can afford to buy them and rent them. See before they were priced too high and the payments were too high to be able to use them as investments.
I can remember the days when my father preached to buy real estate as your investments. You can never go wrong with real estate. Well this was because it was priced where you could make a return on your investments.
So now those days are back again. Just keep in open mind and look into some real estate when it comes available.
The next thing to keep in mind is that people will stay in there existing homes longer and decide to remodel or fix up their homes. So don’t sit on the sidelines waiting this out because there is a ton of work out there.
Now is the time to go after more work because a lot of contractors are sitting on the sidelines waiting to see what happens. There is a ton of money to be made in this market right now. Just take ACTION and get out there and take advantage of lower home prices.
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