It’s that time of the year. Holidays have started and as a result banks are negotiating heavily. Each year we find that banks who have an inventory of foreclosed homes tend to reduce prices for investors who close in January. This holds true each and every year. Here are some key reasons to buy now:

1. Prices are 6-10% lower than any other time of the year.

2. Closings will occur in January, no holiday down time. 

3. The best market for investors to sell property is January and February. ALWAYS!

4. February 1st is the largest rental move-in date.

This entry was posted on Monday, December 1st, 2008 at 3:18 pm and is filed under Foreclosure News . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.