Finding the courage to buy in a changing market
Buying tip: When property investors start entering the market, that's the time to buy. Right now, we are seeing property investors re-entering the market, while owner-occupiers are becoming less…
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Finding the courage to buy in a changing market Buying tip: When property investors start entering the market, that's the time to buy. Right now, we are seeing property investors re-entering the market, while owner-occupiers are becoming less inclined to take action. What's going on? It takes courage to buy in a falling market. To zig when everyone else is zagging. Property investors know this from experience.
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Having been through previous down markets, they know that right now, houses are selling at a discount. It's boxing day sale time in the real estate world, but just like big retail-store sales, this won't last forever. That's why investors are jumping into the market in droves, putting cheeky offers in on any property that might be a good long-term buy. They're doing this because they know that property has traditionally been a great long-term investment, and the best time to buy is when you have little or no competition. Do you fancy yourself a keen negotiator? Do you like to have plenty of choices when making a buying decision? Do you want to be the only offer on the table? Then this is the market for you.
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