Brecht Palombo

We have a lot of inventory at the banks and numbers are still going the wrong way (with lenders). There's an end but its not soon. Values may very well bottom depending on the pace of liquidation and interest rates but they aren't likely to rise for some time. Buying over the next 3+/- years is a great thing to do. Brecht Palombo Auctioneer Distressed Real Estate and Loan Data for Banks Nation Wide at distressedpro.com brechtpalombo.com

Wow is that lame. That was a foreclosure waiting to happen. Brecht Palombo Auctioneer Investment Sales Broker MA, CT, NH Auction Blog Investment Blog Commercial Real Estate Brokerage Real Estate Auctions

Its true bank owned property is a pain to sell and a much bigger pain to list, skinny margins, calls to India... but your headline is inaccurate and your position that there are no bargains is incorrect. One of the things I specialize in is working with distressed property and the investors I work with do very well because they're properly coached and advised though what can be a trying investment process. The winners of this episode will be those who saw the freight train coming and prepared by broadening of refocusing their business, by readying cash for investment, or by patiently waiting through the this past boom. Rents are going up prices are coming down and and an educated investor can do very well. Your words are those of someone who has been slogging it out in the brokerage trenches in a crazy market and I empathize. Make no mistake there is plenty of money to be made out there and there are those of us who are profiting right now. Brecht Palombo Auctioneer Investment Sales Broker MA, CT, NH http://www.provestre.com http://www.tranzonap.com http://www.tranzon.com