I’m sure you’ve heard what’s going on with the market recently: mortgage interest rates are at a record low, the Dow Jones Industrial Average has dropped dramatically a couple of times recently and home prices keep going down. Sure, these are indicators that the economy’s having trouble finding its feet and that means tough times for many people, but let’s look at it another way.
Imagine your favorite secondhand store. Personally, I like hunting around secondhand stores every now and then because you can find some totally awesome stuff. Of course, the definition of awesome depends on who’s talking. One time, I found a great surplus US Navy peacoat and snatched it up. I get compliments on it all the time, which means I’m fairly certain I made a good find there.
my clown pants, including awesome bowling shoes
There are some things at the secondhand store that don’t stay there for long because they’re pretty much universally awesome. To bring this back to the earlier discussion, the market indicators mean that real estate is on sale, virtually sitting on the clearance shelf with a big sign on it that says “Huge discount!”
In a couple of very specific real estate markets, you can make your investment dollar go much farther than it would in other places and we’re helping our clients buy as much of this clearance sale real estate as we can find. There are currently two places where the conditions are just right for what we’re doing and those are Las Vegas, Nevada and Phoenix, Arizona. We’re not just scooping everything up; we’ve got very specific criteria for choosing what our members buy to make sure you’re getting a valuable piece of property. We want you to end up with the real estate equivalent of a baseball autographed by Joe DiMaggio that someone had hiding in a drawer and not the $5 clown pants, just because they were cheap.
