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Experts are saying it's the best time to buy real estate in 20 years.

Price Reduced

I couldn't agree more with the tag line for this blog. If a buyer is careful and patient they can scoop up an amazing deal. I think patient is the key word. I get several emails and calls a week from potential buyers that are looking for second homes/condos in Naples, permanent residences in Naples and investment properties in Naples... and they all say "Can you find us a great deal?".

The answer I give them is yes... but you have to be patient and willing to act fast if I locate one. The good deals, and I mean the GOOD DEALS, don't stay on the market very long. It appears that the only properties that are moving are the ones that are the least expensive in each subdivision or area. if you're not priced in this bottom tear - you're just going to sit on the market and help the homes that are priced right sell.

I'll give you a quick example. I found a home last week that is controlled by the bank. Here are the details:

  • 5 Bedroom / 5 bathroom
  • 2500+ sqft living area
  • Built 2005
  • Concrete Block Construction
  • 2 car garage
  • South Napes location minutes from the beach and downtown
  • Priced at ....... $125,000!!!!!

As you can imagine, it went under contract immediately. Buyers have to act fast when a deal like this is put in front of them because a dozen potential buyers are right behind them.

Enjoy this video from a finnacial expert talking about the great opportunities that are out there in real estate:

CLICK HERE TO VIEW VIDEO

Posted Thursday Oct 02