Last night, on the Larry King Show, Donald Trump spoke at length about real estate in this market and if anyone, is more involved in real estate in this market I don’t know who that would be.
His opinion was that these deals that we see today will not be here for long. Foreclosures, he said are the best deals in town because the banks will make all kinds of deals to rid themselves of real estate owned properties. If you want to buy a house that is not a foreclosure, the banks make it almost impossible to get a loan but if you buy a foreclosed property, all kinds of benefits are there for you. Since they are the owners, they work on price, terms, interest rates, everything.
I have been saying it for weeks, and he said it loud and clear, buy that home of your dreams, now, because it is there for you and a price and terms that will never be seen again.
He has been buying land that three years ago, he would have passed up as too expensive, now it has a low price and is a bargain.
The foreclosure inventory in Aventura is waiting for buyers, Call me to see if there is a fabulous opportunity for you.