Here they come folks! When the market is hot the real estate gurus on the hotel circuit start buying full page ads in the papers. You know the type: Carlton Sheets, David Allen's "Creating Wealth....Seminars", Bobby Blair Systems, William McCorkle (federal prison now) and the all the others...
When the market is turning, here they come again—changing their spin. Inferring that the market is getting tough and there are bargains to be found, today's Seattle Times full page ad on the back side of the business section states:
"How to find real estate for 30%-50% below market value." - ad for J.G. Banks, legendary probate investor.Everyone is invited. It's free!
In my very best impression in the sarcastic tone of comedian Dennis Miller, "how to find real estate for 30-50% off? How about looking out the window at your neighbors house in about twelve months." Especially in markets thoughout California. Ouch. Ok, please keep the tomato throwing at me to a minimum. :)