2014 Is Now - So Plan 2014 Now by Mik

Feels like things are changing daily - because they are ! Technology - with intellectual properties and everything in-between.

All around us - change is moving faster than ever before.
It is - and real estate values are ever-fluctuating.

I BELIEVE:

Real estate values will not see any significant increases through 2015...
In fact, I believe the real estate market will shift toward a buyer's market through the 2016 elections.
Yup - I do.

Moreso, the percentage of seller owned homes -vs-homes financed by banks continues to grow.

You need further understanding ??
There are tens of thousands of homeowners, throughout the United States, that need to sell their homes NOW !! Not because of debt, but because they want to move on.

Because they own their home outright, they might be willing to work out a seller finance contract - Based on a sales price/agreed upon value - with "X" amount down, paid as a loan (Learn more about contracts !!), not as rent - with a certain % of the monthly payment "mutually" agreed upon as a contribution toward the, eventual, down-payment against the agreed upon purchase price.

Despite what you might think to be the truth, many sellers are not able to sell for what they owe on their homes - even in this 2014 real estate market.
These home owners may be willing to work something out with a buyer who has sincere interest !
That might be you and your need for that house, combined with your creativity, can help to overcome the deficit value of your new home !

Depending on the area of the US you're focused on, values will vary, obviously.

Regardless of your interest, there's still time and opportunity for those of you who aren't in the position to purchase a home - conventionally.

HERE'S WHY:

Because values are not where they were pre-2008, opportunities abound.
Why ?
Values were higher pre-2008 and many, current, sellers who are outright owners of their property are tired of waiting for for values to return to those, historic, highs.
They've tried to sell their property over the last couple/few years.
They're motivated to move on.......

OPPORTUNITY:

You're creative, .......right ?
You understand the basics of making an offer, meaning you've identified the \ACTUAL/ needs of the seller.
For whatever reason, you've identified this property as one you're interested in - be it for buy and hold, wholesale assignment, buy and flip.......whatever your decision/reason, you're hot on "this" property.

PROPOSAL:

What have you got ?

You have some cash/assets that you can offer a seller to provide an immediate solution to their needs, right ?

You need something to offer a seller - and that's based on their needs that you identified in the opportunity phase.

Whatever you have and whatever you decide to offer, ALWAYS ensure you understand the seller's needs - both short and long-term.
By taking the time to listen to, and accept, a seller's needs - you can take the time to ensure your offer is in line with what they communicated to you.

If your interest enables you to absorb any "risk" the seller feels exists, then your proposal is likely to be accepted !!

2014 getting better for you !!

Mik
mikcohen.com

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