Are there real Estate Deals to be found?
You bet there are. And I am not the only one who thinks that way. There are deals, through out much of the San Fernando Valley. Knowing what is currently a deal and what is just the market price takes a little research and a little soul searching. One persons deal may be another person’s nightmare. A lot of people are saying prices are going to keep going down and some are saying we are close enough to the bottom. I am one of those who thinks we are very close to the bottom. If a house is in good condition, priced right and isn’t a short sale there are multiple offers on the property. I called on one such house yesterday that had been listed just the day before and found out there were 5 offers on the house. 5 offers in just 36 hours sounds like the good old days. Another house I looked at today had been listed for three days and had an offer on it. I can keep going on with these stories. Sellers might not like the prices but there are a bunch of buyers who think it is time to jump back in.
As always if the home feels right and you think you can stay there for 5-6 years go for it. Don’t be one of the ones who say a few years down the road I should have bought back ion 2009.
Want to search for a home in Burbank or southern California almost like agent do? Go to www.ericbenz.com.
Thursday, January 29, 2009
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