What is going to happen with the $700 billion dollar bail-out? No one knows because like the 643 bill, that was passed with a lot of unanswered and misleading clauses and questionable results. Whom is it for, Who will it help, Is there enough Money to go around??? It has left us Investors and Realtors who are still in the game confused. I am talking about the pre-foreclosure game. Consulting with people about their properties and negotiating with banks to make a profit after getting a huge discount or just a discount low enough to help all that is involved.
I have been working in the pre-foreclosure industry for over 9 years now. This new bail out will just help us savvy Realtors and Investors to make even more money. Help the values of homes start making its turn from a downward spiral to an upward crawl. This will help on the selling side with the interest rates coming even further down to help get the economy on an upward crawl. Those of us that are staying in the game need to watch for the signs of the market switch.
Now, after the elections have completed, whether you voted Blue or Red need to pay close attention from here on out. I know we have been doing very well with the sales of our inventory doing auctions and driving as many people to the home as possible in one showing. Stay tuned and I will share a lot more about how we are having closings in this downward market. I will show you the marketing tools we are using signs, Adds, Auctions and web 2.0, Google, You Tube.
Have a fantastic day, Hunter Paschall