Now is a great time to buy a home. The Government is still offering the $8,000 tax incentive to First Time Homebuyers but that has to be used by April 2010. Several leading analyst have indicated that once the tax incentive is wiped away then there will be fewer Buyers vying to buy and it could be a great time to buy an investment property or two for your portfolio. The beauty of buying a single family property (compared to an apartment complex or retail strip center) is that it allows you to refinance the property when you need cash, sell faster than a large apartment complex, and typically easier to rent to a family. For a list of foreclosed properties call a Real Estate Broker at Pacwest Commercial at (541) 686-8246.
Download the December 2009 Foreclosure Market Trends report.
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