Its exciting time, Yes thing are bad in the economy, But....
Its like the saying" If you have lemons, make lemonade". I have seen more people in this business pull together in the last few months, to try to "Make It Happen" Mortgage companies, Title companies and Realtor sharing their expertise to assist each other. After all almost all Real Estate transaction takes a Realtor with a Mortgage co that all ends up at the Title co.
With foreclosures and distress properties on the rise with no sign of slowing down, I have seen the investor community really pull together. With the start of www.PortCityReia.coma investment type club in Mobile Alabama open to all interested in the Real Estate Investment field.
The investment process usually greatly improves the quality of its community. It takes the old and makes it new again. Even Rentals are usually improved to make the property attractive to a better quality renter. The market is still strong in Mobile, but like everywhere else, we have our share of "Distress".
Investors actually keep the Real Estate system moving in "Distress Times"
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