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08.20.07 Homebuying Opportunities
MP3 Audio: 08.20.07 Homebuying Opportunities (0.92mb) Download
By: David Bach visit website
Genre: personal finance/
Tags: investing, millionaire, personal finance, real estate
David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.
Hi, this is David Bach. Over the next year you'll find some great opportunities for homebuying in certain hot spots around the country. Two years ago a record number of condos were built in places like Florida, Vegas, Phoenix and Denver. Many properties were bought by investors hoping to flip them for a quick profit. These overdeveloped markets now have exploding inventories and record foreclosures. My tip today- use a site like realtor.com to keep track of home prices in these areas. They may sell for half the price of what they sold for in 2005- so you might find a great bargain. I'm David Bach. For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com for details.
Visit davidbach.com for mortgage information and to find a branch near you.
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