With the term ‘mark to market' now being used quite extensively within the financial and banking communities, it seems also to be a term that is becoming to be more a part of my daily vocabulary than it ever has been, a term that I seem to be identifying with more and more.
With the current financial turbulence being what it is within the financial and banking communities, it stands to reason that a golden goose might just be out there for many of us to be able to identify with and to be able to capitalize on.
One thing's for sure: for every sale, there must be at least one seller and at least one buyer. And as dismal as this may appear to be to many, for every foreclosure, there is that ultimate need for that ultimate sale. And for that ultimate sale to happen, there will be that need for that ultimate buyer.
So, scratch your heads, pool your thoughts, assemble your investment group and become one with that buyer. Let's face it: the current real estate market is presenting itself in such a way that "there's gold in them thar hills."
Fortunately for me, I am now working with a group of prospectors.
And those investors have to pull the trigger with the market maybe headed further downward. The safety net is what you can rent the property for if you cannot flip it.