buying a short sale, foreclosure short sale software
If you think the current foreclosure rates are high right now, then in the words of the immortal Al Jolson, "You Ain't Seen Nothing Yet!" People who know a thing or two about the economy know that employment rates are linked to the rate of foreclosures and short sales. Right now, the unemployment rate is rising, which means an increase in foreclosures. More foreclosures means that buying a short sale will be easier than ever, but with home values continuing to drop, you probably want to hold off taking the plunge into the mortgage short sale market. Even if you're equipped with the best foreclosure short sale software, you also need to keep an eye on the news to be aware of unemployment trends and trends in home values. Buying a short sale property shouldn't be an impulsive purchase. You need to make certain that you're getting the biggest bang for your buck and that means holding off buying a short sale until you're absolutely, rock-bottom certain that prices have gone down as far as they will. Personally, I think buying real estate is a really scary experience right now.