People looking around in real estate for an opportunity to make money all seem to be gravitating toward short sales, especially in the short sale capital of the world in California. The REO home sales are pretty much down in markets everywhere and short sales have emerged as the distressed sale preference for many. As a result, I see more and more ads from guys trying to cash in on the phenomenon of short sales.
The main problem is they're a day late and, as Chris Ann Cleland in northern Virginia would add, a dollar short. So, don't get sucked in. Don't waste hard-earned dollars trying to forge a new career.
Read more in my personal blog today about Are Short Sales Over in Sacramento?
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