What bad market?

re: What bad market?

Clara — Sun, 16 Nov 2008 11:59:07 GMT

I think you are exactly right Gene. It is a great time for 1st time home buyers or investors. The interest rates are at an all time low and it's a buyers market. Also the government has a new program for 1st time home buyers that will loan $7500 with no interest for 15 years.

re: What bad market?

Lea — Sun, 16 Nov 2008 12:02:28 GMT

you are correct. What's bad for one is good for another.

re: What bad market?

Andrew — Sun, 16 Nov 2008 12:08:41 GMT

On another subject, would this be the time to buy a rent house?

re: What bad market?

Jerry — Sun, 16 Nov 2008 17:45:16 GMT

Andrew, this would be a great time to buy a rent house. Prices are right and if the foreclosure projections are anywhere near accurate, a lot of people will be looking for rentals.

re: What bad market?

Gene — Sun, 16 Nov 2008 18:08:33 GMT

Andrew. Jerry is right on target. Lots of inventory to select from, prices are very attractive, interest rates are low and there should be good tenants looking for rentals over the next year or two. Let the tenant tote the note for you. Unlike the stock market - you will own something besides an empty file folder.