Re: thinking of buying some foreclosed properties
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After reading every post in this thread that basically is negative on your idea I can say you can probably do some buying. Although sentiment on this forum hardly has any scientific basis, aren't inflection points reached when the market sentiment is very, very much one sided? Why not make some bids at low prices and see what you can come up with?
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Market sentiment is most certainly not one-sided yet, if you include the existing homeowners.
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???? Don't understand this. Are you saying that every home owner should want to dump their homes before it's decidedly one sided?
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I'm saying that the sentiment of those with potential to transact matters, not what some people on the sideline are saying. I don't see homeowners trying to get out en masse - I see the exact opposite.
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