There is no question that Coachella Valley Real Estate, primary residential or seasonal/investment homes, land (either rural or seasoned pre-development), multi-family (apartments), commercial sites (either fully developed or build to suit) or agricultural, is available at tremendous discounts. There is real money to be made now on distressed real estate, either short sales, bank owned (REOs) or probate. It's time to build your next egg and this market provides the perfect opportunity.
Please click on the link below to watch a video from CBS's 60 Minutes, "The Mortgage Meltdown – Where's the Bottom". This news story explains the who, what, when, where and how of the next wave of loans that are about to become the Tsunami of foreclosures. What is hard to believe is that this next batch of foreclosures is expected to be 25% larger than 2007 & 2008 combined!
Video link: http://www.youtube.com/watch?v=iUuROWEMjm0
or you can read a printed copy of the report by clicking here.
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