STOCK MARKET GOT YOU DOWN? FIVE BIG OPPORTUNITIES IN REAL ESTATE.

So the stock market has got you down? Here are five big opportunities in real estate.

1. Real estate investor?

Where have you gone, Mr. Investor? Lots of REOs (real estate owned) to choose from. Now is the time to invest. Not three years ago.

Contact a mortgage broker quickly. Financing is challenging, yet attainable.

2. First time home buyer?

You should be smiling ear to ear. Today's market is perfect for you.

Homes in most communities are priced 20% below their peak.

Preapproval should be your first step.

3. Renting but looking to buy?

Same as with the first time buyer. Huge opportunity.

The entire process could take as little as 30 days but often up to 6 months.

So make sure you get started early.

Plan plenty of time to make sure you find the right home.

4. Looking to upgrade?

Perfect.

Let's say you owned a nice 3 bedroom house worth $300,000 in 2006. You were considering upgrading to a larger 4 bedroom home in the next subdivision priced at $500,000.

At the time, you couldn't pull the trigger.

Today, your house might be worth $240,000.

Ouch. $60,000 from the top. But hold on...

The home that you wanted for a half million? It's still on the market. You can buy it today for $400,000. That saved you $100,000.

Make the switch today and you have $40,000 in net savings.

5. Vacation home?

The vacation home market has opportunities as well.

A Lake Geneva Condo in Wisconsin? A cabin in Michigan? A beachfront condo in Florida? A desert getaway on a golf course in Arizona?

You can own these homes at prices 25% below the highs.

OPPORTUNITY

Prices on homes have come down. Prices will go up again.

There are opportunities out there.

Will you take advantage of them?

Ken

A REALTOR you can trust.