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Frank's Insights On Private Money Loans In Arizona
Welcome to the Real Estate Investment today brought to you by private money loans in Arizona. My name is Ryan Wright, join me. Today I want to talk to you on the market. As I went to Arizona hard money lenders are a lot of things I have seen that the Arizona market, I think it's important that you realize.The the first thing is the fact that Arizona has reported a 50% drop in sales of a months more than a month last month, and I think it's important to understand that there are fewer buyers. There are fewer people going to the market in search of objects, and some say it has to do with the tax credit, or in any case. As I went to a few other hard money lenders in Arizona, had a couple of philosophies
A tax credit is the buyer. Another is that the buyer's tax credit for buyers of the future really pulled on the market as soon as possible, and therefore available to the buyers are going down.I would like to think that what if the house is cheaper houses and less expensive to sell. I do not care what the interest rates go. I do not care what happens to the market economy does not matter. If you have the most beautiful home less money to sell your property, no questions asked, regardless of what.As every time I talked to the other hard money lenders in Arizona, I think it's important to understand the availability of buyers. So if you are under the $ 250,000 price range, I would say that 80% of buyers are out there
If you have more than $ 250,000 250 500 000 and say about 10% of buyers are out there. And to give 500 million or about 5% of the buyers out there and give a further 5 million%. I am considering here. And 'only based on my knowledge and reasoning Arizona hard money lenders and to get an idea of ??what is available to buyers, which I think is important, because more is going to make a purchase or selling price less buyers available people who can buy, we are.So if you want the greatest thing in the bucket you want the best odds you want to keep the selling price of less than 250000, because chances are you can sell the property less than 250000, for the most number of buyers are there in that price range
And 250,000 living below is the advice I think it's very important when I talked to private money loans in Arizona. I think it's something you want to know. The next thing is a property of specific prices. Because if you make regular price reductions, many people are when they try to sell a property that is a good thing to do, but you must ensure that you look like. You look at the assets. You look at the screen, and I think it's important to see who is the contract.