I speak to lots of potential buyers and investors everyday, and all are looking for a great deal. But time and time again, I hear the same thing. I don't think the market has bottomed out yet, why should I buy now?
My response is - if you get the property at a price that is significantly below market by at least 20%, even if the prices drop another 10%, wouldn't it still be a great deal? Of course that comes with some caveats. What I mean is, just because a property is priced great, you need to make sure you've adjusted for condition and unseen issues like plumbing, electrical and even mold (yes, believe it or not some properties in Las Vegas have mold issues).
If you work with a professional Realtor, they should be able to put you in touch with those professionals who can help you identify those potential land mines. This is a great time to buy and get a smokin' deal the likes of which won't be seen again for a long time, if ever.
If I can be of assistance to you in identifying great properties, obtain financing, or invest in real estate (because they're not making any more land, are they), don't hesitate to call or email me. You can reach me through my website at www.HeatherSellsVegas.com.
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