Consumers are seeing the end of the ever increasing real estate values from year to year with double digit gains. This new market seems to have indicated the end of the housing boom. The foreclosure rate is soaring at the highest levels in a decade. There is bad news for all parties, or at least this is true for many that stretched beyond their financial means. But not everyone will suffer. For those with cash, opportunities purchase of real estate are abundant and margins below market prices that can acquire property are getting bigger and better. There are several sources of Investors can turn to for bargain basement deals. In almost any multiple listing service, banks are marketing properties Foreclosure (real estate owned) from 3% to 5% below market prices in most markets in Orange County California. In other areas of the country such as North Carolina, banks can deduct up to 10% over market price. In Colorado, the builders have such difficulty moving the inventory prices have fallen and are offering incentives. In these markets, may be able to buy a brand new house in rent ready condition with the equilibrium point in the flow cash for just 20%. The builder may even ensure that the rental of x number of months to find a tenant for you. Such is the case in many communities Florida, where the first golf course property can be purchased for a similar agreement. Short sales are abundant in the California market, but banks are so inundated with attack the problem loans that are often months before they return to you. (A short sale is when the bank agrees to accept less than the outstanding loan in the property.) Sales tax may be profitable, but there is much competition in the auctions for the properties of very few. Most California counties have imposed sales of at least 2 times a year and auctioning off of property for taxes accrued and unpaid on the property. Properties often go on sale after 4 years of unpaid taxes.

Trustee sales may be your best bet to make serious cash. I have attended many sales manager and have seen incredible properties sold in the margins sometimes 20% or 30% below market. These are lucrative offers and you can earn hundreds of thousands of dollars on the purchase of these properties. Buyer beware, you should do your homework before the tender that not all privileges are removed in such auctions. Property taxes, IRS liens, special contributions and fees Hoa everyone can afford and they have yet to fix the costs. But aside from this way, if you do your homework, that will pay off.

So If you are an investor, Now is the time. The mother of all bids can only be around the corner and once said "fortune favors the prepared mind." Maybe he should have said that fortune favors the prepared portfolio. For investors with cash who wants to buy properties at deep discounts, this may be the time you've been waiting for. Ready your cash and keep your eyes open.

Author John Daniel is a licensed real estate broker and investor in Orange County in California

About the Author:

The author John Daniel is a licensed Real Estate Broker and investor in Orange County California. He is an experienced realtor that specializes in South Orange County residential homes and Orange County investment real estate. Find more information at: http://www.jdanielrealty.com

Article Source: ArticlesBase.com – Real Estate Market Changes Bring New Opportunities for Investors to Make Big Money!

Real Esate For Sale by Auction: 173 Lae Drive, Coombabah