Opportunities Exist For Savvy Investors

It has been stated that “there are difficulties in every opportunity” however, I believe “there are opportunities in every difficulty.”

The amount of hype we are currently receiving is really amazing. Let’s review a few recent facts and events:

1. Meltdown of Countrywide – taken over by Bank of America
2. Merrill Lynch/Bank of America forced to merge
3. Meltdown of Bear Sterns
4. Meltdown of Fannie Mae and Freddie Mac
5. Crash of Lehman Brothers
6. Bailout of AIG
7. Failure of Indy Mac Bank, First National Bank of Arizona
8. Explosive surge in oil price per barrel by the cartel
9. Insolvency of Citicorp
10. Sale of Wachovia to Wells Fargo
11. Sale of Washington Mutual to JPMorgan Chase
12. Merger of Smith Barney & Morgan Stanley
13. Bernie Madoff multi-billion dollar Ponzi scheme
14. Federal Reserve Interest Rates at 0-2%
15. GM Bankruptcy
16. Chrysler Bankruptcy/take over by Fiat
17. State of California impending financial disaster – highest sales tax and real estate tax of all 50 states.

I am told that the recession shows signs of bottoming out or recovery – that is a MYTH!! This is nothing more than a Bear Market Rally. It’s happened before and will repeat itself. Consult the S&P Case-Shiller Charts and follow the 10 year treasury bills and real unemployment figures. Unemployment is currently at 9.4% nationally and way over 10% in the Coachella Valley. For a great analysis and opinion, read Michael McDonald’s How to Tell a Great Economy From a Fake One?

Opportunities now exist for savvy investors and home buyers to purchase depressed, stressed properties at substantial discounts. Let me assist you with your search.

If you are a serious buyer/investor with cash or have been pre-approved for purchase by your lender, consider giving me a call to discuss your “wants and needs”. There is NO OBLIGATION! If you are just looking at this time, I hope that you continue to use my website as a resource and will call me when you are pre-approved and serious about purchasing a new home. Please call if you are a serious buyer.

You are also invited to call me toll free 866-898-3544 and I’ll spend some time with you on the phone to discuss your situation.