National Wholesale Liquidators

By
Real Estate Agent with Laffey Fine Homes

 

This is one of my favorite stores. Their price is cheaper than Target or Home Depot. I used to go to the store on Kissena Blvd. It is too bad they have to file for Chapter 11 Bankruptcy too.

In the meltdown of the economy, having cash is important. Credit is not reliable; like the case of the discount retailer, their available credit was cut by GE according to RetailerDaily.com.

So should people buy real estate now? Well if it is for self-occupied, I would say it doesn't matter, in my opinion paying mortgage is always better than paying rent. If for investment purpose then one should look for positive cash flow.

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Topic:
Home Buying
Location:
New York Queens County Kew Gardens Hills
Tags:
queens
real estate
market condition
retailer

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