BlogFromCurtis

09 was probably the worst financial disaster for most of us.  However since I became a Realtor to buy distressed properties I was in love with what was going on. 

The problem: 

I have more investors with money than there are qualified properties to purchase. 

Backlog in foreclosure sales has put cash buyers into a bidding free for all.  Properties that are marginal investments are being over bidded on day after day.

The Government must be in some time warp or watched some crazy late night infomercial in order to have come up with these creative spending solutions. 

it is said that the average home is worth 133K but the bailout cost us More than 738K per defaulted mortgage.  Maybe we should have just bught the houses or given investors tax credits to owner finance to less qualified purchasers.  Hello is it really this easy.  I just found the solution to the worlds financial problems.

Peace Out 09!  Welcome In 10!