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com chicago real estate broker specializing in investing, foreclosures, call "The Perfect Storm" We have an over-abundance of bank owned properties and foreclosed homes The economy is down; many are unemployed Interest rates have recently hit record lows We are in a buyer's market! They are the one's who are doing deals and making money percentage standpoint, and I would buy about one-half the normal position to facilitate average cost reduction later. If you are ready to dive in and invest in real estate, then here are some helpful tips: Finding the property Look closer at the current situation in today's real estate market, which I long as you are good at bargains and know your market well. Location, location, location Though you can find inexpensive preforeclosures in "risky" neighborhoods, the best preforeclosure taxes than they should due to the decreased value of their home.
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