Comments on: Housing Rescue Bailout and the Future of Lending http://www.biggerpockets.com/renewsblog/2008/07/31/housing-rescue-bailout-and-the-future-of-lending/ Learn, Network, Invest Sat, 11 Feb 2012 23:51:37 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Cedar City real estatehttp://www.biggerpockets.com/renewsblog/2008/07/31/housing-rescue-bailout-and-the-future-of-lending/#comment-59488 Cedar City real estate Thu, 21 Aug 2008 20:09:29 +0000 http://www.biggerpockets.com/renewsblog/?p=1139#comment-59488 With all that is going on in the lending industry it sure is harder to get a loan for people who are looking to buy any type of real estate. With all that is going on in the lending industry it sure is harder to get a loan for people who are looking to buy any type of real estate.

]]> By: Colinhttp://www.biggerpockets.com/renewsblog/2008/07/31/housing-rescue-bailout-and-the-future-of-lending/#comment-59027 Colin Mon, 04 Aug 2008 15:11:12 +0000 http://www.biggerpockets.com/renewsblog/?p=1139#comment-59027 Couldn't agree more, Tom - the first recourse of politicians is to take more taxpayer money and see how they can spend it. Maybe it's human nature that other people's money is easy to spend, but it never seems to end, whether at County, State or Federal level. Short of firing every politician every two to four years and installing a new lot, does anyone out there have an answer? Couldn’t agree more, Tom – the first recourse of politicians is to take more taxpayer money and see how they can spend it. Maybe it’s human nature that other people’s money is easy to spend, but it never seems to end, whether at County, State or Federal level. Short of firing every politician every two to four years and installing a new lot, does anyone out there have an answer?

]]> By: Nataniel Razhttp://www.biggerpockets.com/renewsblog/2008/07/31/housing-rescue-bailout-and-the-future-of-lending/#comment-58914 Nataniel Raz Fri, 01 Aug 2008 15:40:39 +0000 http://www.biggerpockets.com/renewsblog/?p=1139#comment-58914 The Real Estate Market Starts Climing AgainDuring the past couple of years we've all seen a tremendous change in real estate in the country. This change actually has spread all over, businesses loosing money while gas prices are extremely high.The real estate market has become a big issue for all of us out there, we've seen many homeowners loosing their homes and struggling to find a home to rent because of their credit.What happen to us? Remember the bubble 4 years ago?That's exactly the answer, from years of prosperity and times of spending, traveling and investing in stocks and real estate, we are now experiencing another bubble but this time the bubble is going in a different direction and we are wondering what to do.So real estate was going down and it's still going down, some economists say that it will get stable in 2 years from now.The sellers market became a buyers market, and today we all know it by now. Investors and renters that saved their money for better days to buy to make money are in the market today, that's making the real estate market busy.Real estate agents that learn how to change with the market also learned how to make money from the changes, these real estate professionals are making lots of money and while we are all struggling for business they're making the business.Today you can get a home directly from the banks for almost half the price. I've seen homeowners that are so desperate that they're willing to give their homes for free, just come and take their loan and continue their payments.On the other hand, investors are looking to buy homes in bulk, they can get homes $.50 on the dollar.Some banks like bank of america and countrywide are selling hundreds of homes in bulk to investors at a discount prices.So real estate agents are busy getting hundreds of listings and reo's from banks, then they're selling these homes at a low price to future homeowners and investors.It's definitely a buyer's market like we had in the early 90's, so if you're an investor or a homeowner. This is your time! The Real Estate Market Starts Climing Again

During the past couple of years we’ve all seen a tremendous change in real estate in the country.
This change actually has spread all over, businesses loosing money while gas prices are extremely high.

The real estate market has become a big issue for all of us out there, we’ve seen many homeowners loosing their homes and struggling to find a home to rent because of their credit.

What happen to us?
Remember the bubble 4 years ago?

That’s exactly the answer, from years of prosperity and times of spending, traveling and investing in stocks and real estate, we are now experiencing another bubble but this time the bubble is going in a different direction and we are wondering what to do.

So real estate was going down and it’s still going down, some economists say that it will get stable in 2 years from now.

The sellers market became a buyers market, and today we all know it by now.
Investors and renters that saved their money for better days to buy to make money are in the market today, that’s making the real estate market busy.

Real estate agents that learn how to change with the market also learned how to make money from the changes, these real estate professionals are making lots of money and while we are all struggling for business they’re making the business.

Today you can get a home directly from the banks for almost half the price.
I’ve seen homeowners that are so desperate that they’re willing to give their homes for free, just come and take their loan and continue their payments.

On the other hand, investors are looking to buy homes in bulk, they can get homes $.50 on the dollar.

Some banks like bank of america and countrywide are selling hundreds of homes in bulk to investors at a discount prices.

So real estate agents are busy getting hundreds of listings and reo’s from banks, then they’re selling these homes at a low price to future homeowners and investors.

It’s definitely a buyer’s market like we had in the early 90′s, so if you’re an investor or a homeowner.
This is your time!

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