Just when you thought you couldn't afford your dream home, here comes the real estate fairy with her magic wand. Except the real fairies are the banks holding millions of dollars worth of inventory and they are fast tracking these properties out of their hands into yours. It never ceases to amaze me, the offers some banks will accept. I have had buyers offer such low amounts on condos in Orlando,FL that I was almost emabarrassed to present the offer. Just as I held my breath, bracing myself for the rejection, I got a huge surprise! Yes, the bank said Yes! Of course the bank may want to close right away and or the property is being sold in "as is condition" but so be it! Ninety percent of the time, it is a wonderful opportunity to buy a property completely untouchable several years ago. I say, don't keep debating whether this is the best time to buy...the answer is yes. Now is the time to make your move....Find your real estate fairy.
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- Topic: Home Buying