Lease option used to be the strategy of choice but no more.
NOW is a good time to be buying real estate…Believe it or not, interest rates are still at historic lows and better yet, property prices ARE coming down, and this is why it is a great time for those who would like to pursue one of the best investment opportunities available.
One should realize that real estate is a long term investment that with time will always increase over the long term. This has been the case throughout history. It has been proven that one cannot “time” any investment market. Those values on a daily, weekly or even monthly basis may go up or down, but overall, real estate has always trended up over the long term – returning better overall than any other investment index.
Look at what’s happened in 2006 and the current market condition of 2007. The “frenzy” in the Real Estate market has faded as speculators leave the market and prices are no longer driven by speculation plus the lure of easy and low priced credit. Property values have become more normalized. We are seeing these corrections in pricing already resulting in some real bargains out there.
