You have all heard the investment phrase, ‘Buy Low Sell High’. Buy ( Real Estate ) Low - Sell High.

However, how do you actually do that?

at least when it comes to buying real estate as in East Valley (Maricopa County) Real Estate. Let me tell you story which might help shed some light on this investing “ Holy Grail ” “

Finance 101 will often tell you that, “the best time to buy is when opportunities are created out of seller necessity.

A couple I have worked with for some time, just bought a home straight out of a Builders Inventory (these days, builders have taken homes back from a buyer who could not qualify for a loan.)

The original price on this home was more than $700K. They bought this brand large beautiful new home in a wonderful community of Peoria for $400K.

Now, this couple has bought this new build home low. Have they purchase at the lowest?

My crystal ball has not worked as well as I would like. However, based upon their needs, wants and desires, they have bought “Low” and have a wonderful home to raise their family.

How do they sell High? Well maybe the correct term is sell their real estate “Higher”. Again, my home buying crystal ball is on the fritz. However, they have a very affordable 30-year fixed rate that they can comfortably afford and do not have plans to sell for many years to come.

A historical outlook will suggest that their plans to live in this home for 5-7 years and possibly longer will give them an excellent chance to build equity, save on taxes, sell higher, and most importantly give their family a place to call home.

I would say that I have never seen so many great buying opportunities for the prudent, savvy, patient and credit-worthy real estate investor and/or new home buyer.

More and More these days, in Phoenix and the surrounding towns of Peoria, Tempe , and Fountain Hills to name a few great Arizona cities, Opportunities abound. You just have to know where to look.

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Copyright © 2008 By James Wexler, All Rights Reserved. *Buy ( Real Estate ) Low - Sell High

 
Posted by James Wexler on 02/25/2009 08:54 PM   Comments (6)   Tips and Advice in the Home Buying Channel   home buying tips  
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6 Comments on Finance 101: Buy Low and Sell High

FEB
25
2009
593,369 Points 22 Featured Posts Localism Sponsor Outside Blog Called Shot Master

James, I like the Credit-worthy, in your prudent, Savvy and Patient.  It is the missing link in most investors portfolio.
8:57pm • #1
1,910,827 Points 385 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

James, I like the "Buy lower, sell higher" concept!  Makes sense to me!
9:05pm • #2
999,882 Points 42 Featured Posts Localism Sponsor Outside Blog Called Shot Master

James, makes perfect sense to me.
9:14pm • #3
FEB
26
2009
842,598 Points 85 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Buying now is buying low.  There will be a time for those to sell high, but you need to buy in order to sell high....good post.
8:18am • #4
FEB
27
2009
3 Featured Posts

James - there is no time like now to buy property - surely the market will rebound and with time people once again will see equity building in their investment. I love your reminder that in the meantime they will have a comfortable home to live in and enjoy.
9:04am • #5
FEB
28
2009
1,057,134 Points 27 Featured Posts Outside Blog Called Shot Master

I think part of the problem with the housing market is that too many people were treating real estate like stocks -- buy low, sell high. Real estate is not stocks. It is not an investment to be bought and sold every two years. It is a place to live, raise a family, and perhaps even die. The sooner we can get this generation to realize that, like our parents and grandparents did, the sooner real estate will return to normal. Alas, I'm afraid that this entitlement generation will never be "normal." Normal has now been redefined.
7:29pm • #6


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James Wexler

Scottsdale, AZ

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Address: Scottsdale, az, 85255

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