Real Estate Sales
Unscrupulous Builders- The Real Cause for the Real Estate and Sub-prime Mess
As many of you know I have been involved with real estate for many years. It is a shame what is happening to your property values today due to all the bad news regarding the sub prime mess and real estate values. The real cause of what has happened here is not
being correctly told you by the media blaming the individual home owner and the banks. It is not the individual seeking to buy a home or the banks that ultimately caused this problem.
Upon investigation it will be found fraudulent builders intentionally misrepresented themselves with Federal Banks in order to get their funding for projects. Had the builders not been fraudulent and not misrepresented themselves on loan applications the banks would never have provided them funding and their projects would not have been built. I know because I have done millions of dollars of loans with banks and knows what is required to get a loan done.
Had these criminals not employed fraud to receive their funding, we would not have an oversupply situation, there would not be hundreds of billions of dollars being written off by great institutions and your real estate values would not be going down.
This is not a conspiracy story. I know how they did it, the deceptions they used, and I want this story told.
Don't Believe what the People are Saying on Television
Real Estate is still the supreme investment for you to make and in fact may be better today than it was three years ago!
By the time they start printing news its already old! Newspapers and television stations have a job to report bad news and then don't show the balanced side of the situation.
Anywhere over the last one hundred years you could have bought real estate and as long as you weren't trying to buy it today and sell it tomorrow, you would have a fortune to brag about today. The only people that get hurt in real estate are those that buy real estate to get rich quick. There is no such thing as get rich quick so they deserve what they get. The other people that will get hurt are developers that overpay and overspeculate and under capitalize.
I am more optimistic about real estate today than I was three years ago. I have been waiting for this opportunity and going back to areas where I have always wanted more real estate and making new acqusitions.
BUY IT AND WHEN YOU ARE DONE BUYING IT BUY SOME MORE