Sometimes, folks that wanted to invest back in the heyday of real estate, missed the market due to them not having enough capital or the credit to invest.
Resource: Search the Foreclosure Opportunities
Today, they contact our team, as I stated, from time to time.
Such a call came in yesterday from a person that Paris and I know from Facebook. He also happens to work for the department (when I say department – I mean LAPD), where I was a cop!
He has a friend that is a contractor. They have some money saved and want to flip properties.
I explained to him that there are still some opportunities out in the world, but they are harder to spot and take a lot more work than in previous years.
One of the tricks we use for our investor clients is hunting the short sales that are approaching approval after several months of processing.
These are great properties to approach, due to most of the buyers of those “distressed” properties, having had moved along.
This tactic also works with our real estate buyers, first timers and move up buyers too!
If you are not in our local areas in which we serve and protect our real estate clients, ask your Agent if they are able to implement the same strategy.
Be safe – Listen to our latest real estate radio show on our Foreclosure Wednesdays Broadcast at the Home Page of our Santa Clarita real estate radio show