Increasing Foreclosure Sales Mean EquityBuild Needs More Investors
Submitted by Jerry Cohen on Fri, 02/26/2010 - 09:30
Foreclosure Sales TrendsOf the residential properties sold in the U.S. in 2009, one-fifth were foreclosure homes. In some areas, such as Merced, California, foreclosed homes were almost two-thirds of all homes purchased.
We’re now really feeling the fallout from the mortgage crisis. Even owners who have tried to ride out this devastating sub-prime wave have had to give in. This has left the residential housing market full of homes that went through foreclosure.
Now that the economy is stabilizing a bit, those foreclosed homes are being purchased in the thousands and at great bargains.
Who’s Buying These Foreclosures?
It’s more and more difficult for private owners to secure financing for new homes, and many owners have elected to rent, instead of own, to avoid the big-ticket repair items that can jump up and surprise a home owner.
So, who is picking up these great deals?
The answer is real estate investment companies like EquityBuild. Unfortunately, this leaves average investors out of the loop in a residential real estate market that has an unprecedented level of really great deals just waiting to be snapped up.
However, EquityBuild is leveling the playing field.
EquityBuild is CapitalizingWe’re pretty proud of the
turnkey system we’ve developed. In the current market conditions, it’s really the only way that most average investors can take advantage of good deals on residential properties that can add double-digit returns to their portfolio.
We arrange for almost all of the money to be fronted, allowing our investors the opportunity to easily get into real estate investment. All our investors need is good credit, some equity, and consistent income.
If you have any questions about our system, you can
read more about it or
contact us for more information.
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