I loved this little segment from CNBC: “One man’s trashed house is another man’s treasure” ( http://www.cnbc.com/id/15840232?video=624366855&play=1) .It is about a man and his wife who thought they could never afford a house in California. In the video, Jeremy Duncan, say’s that when they first looked at the house they wanted, it was $318,000. He took advice from his banking friends and waited for a fall in the housing market. He is fortunate now because he is in escrow for $230,000 for that same property. I watched it this morning and I thought to myself, this is what I am talking about. I have been entertaining the thought of buying houses as you might have read before. I personally believe that this might be an opportune time to buy. I am already trying to help a friend, whom is a first time homebuyer, find his amazing deal. They are popping up everywhere. The foreclosure market, though increasing drastically, can also be a very profitable opportunity to all those who are renting. Don’t let foreclosures scare you, this can be a dream come true for you. Tell me what you think…
