Comments on: The Secret to Avoiding a Bad Investment in the Current Real Estate Market http://creativerealestateinvestingguide.com/2008/10/30/the-secret-to-avoiding-a-bad-investment-in-the-current-real-estate-market/ Training and Tips for Real Estate Investors Tue, 15 May 2012 21:37:47 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Augie http://creativerealestateinvestingguide.com/2008/10/30/the-secret-to-avoiding-a-bad-investment-in-the-current-real-estate-market/comment-page-1/#comment-7386 Augie Wed, 26 Oct 2011 12:19:21 +0000 http://creativerealestateinvestingguide.com/?p=95#comment-7386 Hello Anne, In our market we're seeing the majority of transactions being cash purchases. Those that are bank financed tend to take a lot longer and also have stricter compliance issues for loan approval. I don't see as much mistrust of lenders, its more like frustration over the approval process coupled with a seemingly capricious approach on behalf of the banks. There doesn't appear to be a set guideline for approval and the deals can continue to change right up until closing. Happy investing, Augie Hello Anne,

In our market we’re seeing the majority of transactions being cash purchases. Those that are bank financed tend to take a lot longer and also have stricter compliance issues for loan approval. I don’t see as much mistrust of lenders, its more like frustration over the approval process coupled with a seemingly capricious approach on behalf of the banks. There doesn’t appear to be a set guideline for approval and the deals can continue to change right up until closing.

Happy investing,

Augie

]]> By: Anne http://creativerealestateinvestingguide.com/2008/10/30/the-secret-to-avoiding-a-bad-investment-in-the-current-real-estate-market/comment-page-1/#comment-7381 Anne Tue, 25 Oct 2011 22:44:46 +0000 http://creativerealestateinvestingguide.com/?p=95#comment-7381 I noticed that the date of when this was written may have been three years ago. In that time, different areas of the country have recovered a bit, but in others, no. Here in Napa after all the short sales, the real estate market seems to be variable, depending, of course, on location, as you said. Besides the real estate market itself, I would hesitate to trust in banks for their "greed" documented in the last few years as a source of mortgages. Do you find some mistrust among your buyers? I noticed that the date of when this was written may have been three years ago. In that time, different areas of the country have recovered a bit, but in others, no. Here in Napa after all the short sales, the real estate market seems to be variable, depending, of course, on location, as you said. Besides the real estate market itself, I would hesitate to trust in banks for their “greed” documented in the last few years as a source of mortgages. Do you find some mistrust among your buyers?

]]> By: Lloyd http://creativerealestateinvestingguide.com/2008/10/30/the-secret-to-avoiding-a-bad-investment-in-the-current-real-estate-market/comment-page-1/#comment-7370 Lloyd Mon, 24 Oct 2011 15:59:16 +0000 http://creativerealestateinvestingguide.com/?p=95#comment-7370 I completely agree that a good understanding of the "Location" aspect of this business is truly the key to surviving in the real estate industry. I completely agree that a good understanding of the “Location” aspect of this business is truly the key to surviving in the real estate industry.

]]> By: Manny http://creativerealestateinvestingguide.com/2008/10/30/the-secret-to-avoiding-a-bad-investment-in-the-current-real-estate-market/comment-page-1/#comment-7214 Manny Thu, 22 Sep 2011 13:51:44 +0000 http://creativerealestateinvestingguide.com/?p=95#comment-7214 Today, in these changing economic conditions and investment options, real estate definitely is a lucrative market wherein more and more people are coming forward to invest. But as rightly stated in this article, you need to be very cautious when it comes to real estate investment as things can change in a drastic way over night. Finding ways to avoid conventional financing and getting out of banking clutches is always a good move. Today, in these changing economic conditions and investment options, real estate definitely is a lucrative market wherein more and more people are coming forward to invest. But as rightly stated in this article, you need to be very cautious when it comes to real estate investment as things can change in a drastic way over night. Finding ways to avoid conventional financing and getting out of banking clutches is always a good move.

]]> By: composite doors http://creativerealestateinvestingguide.com/2008/10/30/the-secret-to-avoiding-a-bad-investment-in-the-current-real-estate-market/comment-page-1/#comment-5008 composite doors Thu, 24 Feb 2011 19:25:07 +0000 http://creativerealestateinvestingguide.com/?p=95#comment-5008 Clear advice, but understanding what people will pay is key to all property investments and location is key to that value. Clear advice, but understanding what people will pay is key to all property investments and location is key to that value.

]]> By: Alaina Northup http://creativerealestateinvestingguide.com/2008/10/30/the-secret-to-avoiding-a-bad-investment-in-the-current-real-estate-market/comment-page-1/#comment-2357 Alaina Northup Mon, 24 May 2010 07:00:41 +0000 http://creativerealestateinvestingguide.com/?p=95#comment-2357 Hi, stumbled upon this article from Bing and just wanted to say thanks for the informational article you have written about. Hi, stumbled upon this article from Bing and just wanted to say thanks for the informational article you have written about.

]]> By: maggie valley real estate http://creativerealestateinvestingguide.com/2008/10/30/the-secret-to-avoiding-a-bad-investment-in-the-current-real-estate-market/comment-page-1/#comment-2219 maggie valley real estate Thu, 29 Apr 2010 00:30:32 +0000 http://creativerealestateinvestingguide.com/?p=95#comment-2219 That's incredible growth wow! That’s incredible growth wow!

]]> By: Augie http://creativerealestateinvestingguide.com/2008/10/30/the-secret-to-avoiding-a-bad-investment-in-the-current-real-estate-market/comment-page-1/#comment-2023 Augie Fri, 02 Apr 2010 15:03:52 +0000 http://creativerealestateinvestingguide.com/?p=95#comment-2023 Who says real estate investors don't have a sense of humor? Who says real estate investors don’t have a sense of humor?

]]> By: AcreageForSale http://creativerealestateinvestingguide.com/2008/10/30/the-secret-to-avoiding-a-bad-investment-in-the-current-real-estate-market/comment-page-1/#comment-2016 AcreageForSale Thu, 01 Apr 2010 22:34:57 +0000 http://creativerealestateinvestingguide.com/?p=95#comment-2016 How about a cheesy real estate joke? If you ever think that no cares if you are alive or dead then just try missing a few house payments. How about a cheesy real estate joke? If you ever think that no cares if you are alive or dead then just try missing a few house payments.

]]> By: Joe Smith http://creativerealestateinvestingguide.com/2008/10/30/the-secret-to-avoiding-a-bad-investment-in-the-current-real-estate-market/comment-page-1/#comment-1900 Joe Smith Thu, 11 Mar 2010 20:59:22 +0000 http://creativerealestateinvestingguide.com/?p=95#comment-1900 I have the opportunity to invest in <a href="http://www.beacondevelopment.com" rel="nofollow">Charlotte commercial real estate</a>. This post definitely made me jump in and take the plunge. I have the opportunity to invest in Charlotte commercial real estate. This post definitely made me jump in and take the plunge.

]]> By: Van http://creativerealestateinvestingguide.com/2008/10/30/the-secret-to-avoiding-a-bad-investment-in-the-current-real-estate-market/comment-page-1/#comment-1765 Van Tue, 23 Feb 2010 02:53:58 +0000 http://creativerealestateinvestingguide.com/?p=95#comment-1765 Negotiating the right terms is very important initially. It will definitely determine how the deal is structured overall. Negotiating the right terms is very important initially. It will definitely determine how the deal is structured overall.

]]> By: Cara door http://creativerealestateinvestingguide.com/2008/10/30/the-secret-to-avoiding-a-bad-investment-in-the-current-real-estate-market/comment-page-1/#comment-1683 Cara door Mon, 11 Jan 2010 13:37:22 +0000 http://creativerealestateinvestingguide.com/?p=95#comment-1683 I agree, it's great to have choices! I agree, it’s great to have choices!

]]> By: Augie http://creativerealestateinvestingguide.com/2008/10/30/the-secret-to-avoiding-a-bad-investment-in-the-current-real-estate-market/comment-page-1/#comment-37 Augie Fri, 14 Nov 2008 21:02:05 +0000 http://creativerealestateinvestingguide.com/?p=95#comment-37 That's incredible growth. How long have you been investing. That’s incredible growth. How long have you been investing.

]]> By: Leif Spiel http://creativerealestateinvestingguide.com/2008/10/30/the-secret-to-avoiding-a-bad-investment-in-the-current-real-estate-market/comment-page-1/#comment-15 Leif Spiel Wed, 05 Nov 2008 10:38:49 +0000 http://creativerealestateinvestingguide.com/?p=95#comment-15 I really like the vineyard analogy to markets. That paints a good picture. I can also vouch for growth in North Carolina. Just last year, Wilmington, NC, a city on the coast, experienced annual growth of 8% which is incredible. I really like the vineyard analogy to markets. That paints a good picture.
I can also vouch for growth in North Carolina. Just last year, Wilmington, NC, a city on the coast, experienced annual growth of 8% which is incredible.

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