Looking For Paradise In South Florida?

The majority of people that want to buy a home are not investors. There is a large group of people who don’t want to buy properties now because they think prices will continue to drop. That may be the case but there is no one alive that can precisely time when the real estate market hits its extreme low as well as timing the extreme high.

A large group of people don’t want to buy properties now because they think prices will continue to drop. That may be the case but there is no one alive that can precisely time when the real estate market hits its extreme low as well as timing the extreme high.

The areas I specialize in are Foreclosures in Ft. Lauderdale & surrounding areas. People are waiting for the prices to drop further instead of realizing the Foreclosure home you purchase now will be lived in for a minimum of three to five years. Primary residential Foreclosure properties purchased today will be substantially higher in years to come. I don’t have a crystal ball but if you bought a property at below market value five to ten years ago is it worth substantially more today ? Absolutely !

The point is that Foreclosures are sold below the present market value. Now is a phenomenal time to buy a Primary Foreclosure Residence and financing is available for Foreclosures !

Buying a home is not only about price. In the simplest of terms it’s a place to live. Everyone needs a roof over their head. You are not buying a home to flip it ! The big questions to ask are: Am I buying a home to sell and make money short term or am I buying a place to live? Am I buying a place just because it’s a good buy ?

In realty you are buying a home because you like the home, the area, the schools, the amenities and it suits your needs.

Remember, no one will time the very bottom of this
market !

We are in very bad economic times and the fortunate few that can get financing or have the cash available to buy a primary residence should think about the long term positive aspects.

South Florida including Dade & Broward Counties has experienced a great blow in housing prices. Anyone who buys a property today will be very grateful in five to ten years.