Got Foreclosure! - Blog

“Find Motivated Sellers!”
That’s by and large the best way to find a bargain deal in real estate. Any “guru” will tell you that, and even most real estate agents will acknowledge that “motivated sellers” are more likely to accept an offer below the asking price.
 In fact, isn’t that what they’re indicating when they put “seller [...]

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Shocking reports of a rapidly declining real estate market are hitting the wires every day now. And not only the main stream media have turned their flag with the wind.
“The information that this house is worth somewhere around $280,000 is still unknown to Zillow’s computers. It is still unknown to DataQuick. It is a shoe [...]

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The reality of the foreclosure tsunami is slowly hitting home even with lenders and sellers. The constant pounding of the media is doing its thing. Eroding confidence in home prices is the first step to letting the market drop to where buyers might be willing to step up to the plate (if they can still [...]

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“Sacramento, state foreclosure sales decline” - this headline on Sacramento BizJournal.com peaks interest. A clear trend of declining foreclosure numbers should signal the market’s bottom, right?

Yes, in a sense - and the BizJournal is sufficiently ambivalent. But the numbers are telling more truth…

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