InvestorLoft Real Estate Investing Blog

It’s all over the news. You can’t flip channels without hearing about it. The housing market is in a spiraling decline. In a year wrought with mortgage bailouts, increasing foreclosure rates and inventory galore, what does this mean for the real estate investor?

It’s simple. While the foreclosure climate is unfortunate for those caught in its grasp, it offers a potentially favorable scenario for the liquid real estate investor.

Year-end means that banks want to get REO property off their books. This places YOU, the investor, in prime bargaining position. Have you read our article on Foreclosure Listings? If not, it’s an excellent primer and what you need to know and consider when looking at REO properties.

First and foremost, get your financing and purchase funds lined-up. If you’re ready to be aggressive with a bank on one of their properties, cash is king and the more you can bring to the table (100% if possible), the more favorable the bank will likely see your offer.

Our advice? Don’t turn off the news. Keep watching. As the panic thickens, the real estate investment community will find itself in a more and more beneficial position. It’s a well-known fact that you should buy low and sell high. Get in on the current real estate market lows and build yourself a robust portfolio. 

If you have ideas on strategies for foreclosures and foreclosure investing, we look forward to your comments below.