In 2002 when the stock market hit it’s DOW low of 7,500, I started to buying good stocks that were beat down by the media.
About a year later those good stocks had bounced back and I sold for a nice profit.
Does that sound familiar today? The media is talking about real estate like it will never go up again. But right now is exactly the best time to buy real estate at good prices.
The good news about the media scaring the real estate buying public everyday is that we are now in a classic phase 1 real estate buyers market.
Read these headlines and learn why right now is the same kind of buying opportunity I found in the stock market 5 years ago.
1,668 homeowners filed bankruptcy to stop
their home from going into foreclosure in the last
7 days across the U.S.
And 686 more homeowners got kicked out of
bankruptcy due to non-performance of their
bankruptcy obligations and are now heading
toward foreclosure.
How do I know?
Because that’s how many bankruptcy leads were
added to:
http://www.hotbargainproperties.com/cashflow
in the past 7 days!
How are these numbers great news for us
investors?
Well, that just means lots of opportunity for
deep-discount deals, pre-foreclosure deals,
subject-to deal, short sale deals, and more…
These numbers are increasing weekly and they are
the number one reason why many lenders are no longer
offering 100% financing to people with less than 620
credit score.
And it’s also the same reason why many sub-prime
lenders are shutting their doors.
I see this as my golden opportunity to invest in real estate like 2002 was my golden opportunity to invest in many companies beat up shares of stocks.
Here are the top 20 counties with the most bankruptcy
filed in the last 7 days. If you invest in one of these counties,
that’s excellent news for you.
Count-State-County
194 CA Los Angeles
189 IL Cook
170 TN Shelby
164 MI Wayne
151 TX Harris
124 TX Dallas
122 NV Clark
106 IN Marion
102 TX Tarrant
102 GA Dekalb
91 OH Cuyahoga
76 GA Fulton
75 CA San Diego
73 AZ Maricopa
67 GA Gwinnett
65 AL Jefferson
64 MI Oakland
63 OH Franklin
58 MO Saint Louis
58 FL Miami-Dade
Boy…Los Angeles is in big trouble.
And look at how many counties in TX are also on
this list.
I love investing in Texas
In fact I use to live in Houston in 2002 on a horse farm.
Anyways, here is a small sample of some of these
Leads found at:
http://www.hotbargainproperties.com/cashflow
Date County Owner Address City State Zip
Zestimate
03/16/2007 SAN DIEGO (CALIFORNIA) Billy W. Pistole
915 Parkwood Avenue
Vista, CA 92081 $856,132
03/16/2007 Wayne Orlando Simmons 18678 Healy
Detroit, MI 48234 $51,437
03/16/2007 Suffolk Nicoletta Volpe 3 Sunray Court
Bellport, NY 11713
$416,235
03/16/2007 Harris Amparo Cortes 6819 Coral Ridge
Houston, TX 77069
$238,686
03/16/2007 Cook Charles M Hughes 5432 W. Ohio
Street Chicago, IL 60644
$190,544
To view other bankruptcy leads, pre-foreclosure
leads, and motivated seller leads just go here:
www.hotbargainproperties.com/cashflow
P.S. HotBargainProperties.com had arranged for
everyone on my list to get a FREE 30-day Trial and
some bonuses if you just use this link:
http://www.hotbargainproperties.com/cashflow
