Even though some people are having a hard time hanging on to their properties, some are making lots of money.
It certainly is the right time to be buying properties. Who would be buying you might ask.
First time Buyers and Investors. First time buyers find themselves able to afford homes that 3 or 4 years ago seemed unattainable. Of course, the rules of lending have changed and NOW you must prove to the Lender that you are actually able to repay the loan by providing lots of documentation.
Investors are getting on the Band Wagon by snatching FORECLOSURES at great bargain prices and renting them or re selling them. Either way it is a WIN- WIN situation for many.
Unfortunately this is the result of many others losing their properties. These are the people that after being homeowners are becoming renters; hence the Rental Market has increased making it a lot easier to rent your investment properties.
If you are looking to get your properties rented and managed, call or email me. I will be happy to discuss my program with you.
Laura Sanchez, PA GRI
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Markell & Associates Realtors 2901 W. Busch Blvd. Suite 206 Tampa, Fl 33618
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