Are Investors to Blame For the Real Estate Crash?

March 8, 2011

For some reason, real estate investors have been made out to be the villains and blamed for the real estate crash.

I believe there are many to blame including, Washington for pushing lenders to give loans to those that couldn’t afford them, lenders for allowing Washington to bully them into making bad loans, homeowners and investors for over leveraging and using their homes as ATM machines.

We all need to quit pointing fingers and take responsibility. I’m an investor and I’ll admit that I contributed to this mess.

The solution isn’t blaming anyone, especially investors. If they want this mess to end sooner rather than later, they need investors to get the housing market and economy back on track. Investors are going to help stabilize the real estate market if they don’t tie our hands and prevent us from doing so.

Qualified investors need credit freed up by the banks so that they can buy homes, clean them up, and rent them out. All those people that owned homes that should never have been able to qualify are now back as renters. We need good housing for the multitude of people that need good rentals.

Many of the homes being foreclosed on are in bad shape. Rehabbers are in the business of taking ugly homes, making them pretty, and putting them back on the market. This is a good thing and very needed. But again, the powers that be need to make it advantageous for an investor to do this.

My opinion is that many of us made mistakes and caused this mess. Let’s learn from the past so that we don’t make the same mistakes, but let’s also quit the blame game and move forward with the understanding that investors can get us out of this faster than anyone if they allow us to.

Copyright © 2011 Michael Gier & MHVProperties.com

A professional real estate investor since 2000 and owner of http://www.MHVProperties.com, Michael Gier has been involved in nearly every aspect of real estate. Currently he buys properties in the Los Angeles area to fix and sell.

For educational products including his rcent DVD’s “Quick Profits Wholesaling Real Estate” and “MOLD – Separating Fact From Fiction,” other real estate training, his blog, and “Buy and Hold” opportunities, go to his website.

Article Source: http://EzineArticles.com/?expert=Michael_Gier

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How Will The Real Estate Market In 2011 Be?

March 2, 2011

The chant of “It’s the best time to buy a home in decades” was impossible to miss if you paid any attention to real estate news the past year. Everywhere you turned there was someone who was bellowing on about how you needed to be purchasing a home right now. The main issue for most people was a lack of funds at the current time. What many experts had forgotten was how much the housing bubble and stock market crash had impacted the pocketbooks of average individuals. That is not to mention the fact that many people already were home owners and were interested in selling, not buying.

Given that we already know what happened with the real estate market in 2010, many are interested in where the market is going in 2011. There might be some of you out there who still are thinking “I need to sell my house fast”. If you are in this situation, then you might be in luck. It would appear that the market is starting to inch slowly in favor of the sellers. This is not to say that I would just sell my house fast at any price, but if I was going to sell my house, then I would probably get more value out of it this year than last.

The best first step for anyone who is thinking “I need to sell my house” is to start looking around at the different investors who are in the market. Many times the people whom you are going to be selling to in this market are still investors. The typical family coming in order to purchase a home has still not had enough time to recover financially in many cases. However, the real estate investors are never short on capital.

You do need to take caution with these investors. Although they are saying “we buy houses”, what they are really meaning is “we buy investments”. Real estate investors do not view your home as a home. They just look at it as something else that they can sell for profit. You are probably not going to get the price offer that you want from them, or even the one that you feel like you deserve. It is all part of making money to them, and you kind of have to accept that. There is little point in trying to fight it. Few individuals or companies out there are saying “we buy houses” at this point, so you may want to take the first offer that you are able to get.

If you are able to wait out the market a bit more, then more recovery might be on its way. You could hold out and try to make more. The situation that many people are in prevents them from doing this at the time though, and they have to settle for what the buyers are willing to offer.

If you are a home owner and are thinking how can I Sell My House Fast, I suggest using a company like ExpertHomeOffers.com to get connected with local home buyers. You can receive multiple offers for your home very quickly at no cost.

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