Great Opportunity in Pre-Foreclosure Sales

Despite the fact that we are hearing nothing but negative reports regarding the housing market, and, to be honest, much of it is valid, there are really some great opportunities for first time home buyers with good credit to get the "deal of the century" in buying a home. There are many "short sales" that are priced aggressively and when you combine that with the lowest interest rates ever & a first time home buyer tax credit one cannot deny that buyers are in an excellent position to purchase a good home. But, let's also take a look from the sellers' point of view : a seller with a home he cannot afford to pay for is in a very frustrating situation. As a Realtor and a Home Retention Consultant I work with sellers in this position every day and what they tell me is that the most important thing to them at this moment is to avoid a Foreclosure that will impact their credit rating forever! So, taking advantage of this market niche is actually a win-win situation for both parties: buyers get a great deal on a home and sellers can move on with their lives, most times with credit intact. Think about it....