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FarmerJamie
Mr. Sensitive
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- Dec 22, 2010
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The good news is that building materials futures are dropping. Still a bit high, but coming down. The wife is mesmerized by barndominiumsThe eviction moratorium has been lifted. I think a lot of repo’s will be hitting the market in the next 2 years. Our place was a HUD repo, we got it about $35,000 below market at that time.
I look at Zillow, prices have been hiked up $100,000 since last or two years ago. If it didn’t sell, they take it off the market for awhile, then Jack the price up. It’s insane.
Be patient, be ready to bid on a property and be ready to jump on it quickly.