Monday, September 1, 2008

"Homebuyers turn screws on desperate sellers" ..

Much as I have suggested several times (Deep Creek real estate market update and "well and improving daily") here on this blog, this story from CNNMoney.com confirms that buyers certainly have the upper hand right now and if they are willing to be patient and shop around they just might find a distressed seller with no choice but to sell at rock-bottom prices. Also check out the video on the same site concerning mortgage fraud skyrocketing in the early part of this year. Look for bargains and don't settle for anything less but as the video suggests watch out for the scammers getting paid to make deals happen not to look out for your interests.

Don't forget to check back to Dan's Deep Creek Blog for future updates.

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