Foreclosures Up, Investors Swarming, Scammers Too

July 31, 2007 by Chuck | 0 Comments

If you’ve been monitoring the financial news, you’ve seen headlines about foreclosure’s being up.  Here’s one about a major southern stateone in every 123 households was in foreclosure!

This means that people with money to invest – liquidity – are moving to buy properties that have potential for the future at what they consider a “bargain”.

Likewise, these times also breed scammers – people who prey on folks wanting to avoid foreclosure.

Home based entrepreneurs with liquidity may find this to be a good time to enter the real estate market because more people in a given locality may be unable to buy now.

The key is telling when things have really hit the bottom of the cycle so you don’t overpay.

In Work at Home Blog

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