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Updated about 15 years ago,
Short Sales- Long Term Strategy
My wife and I were having a discussion the other day. She feels that we cannot count on short sales as a long term strategy (for the next 10 years) and I believe we can.
I believe we can because as long as the banks have the non-performing asset ratio and need to get a property off their books then they will always be willing to do a short sale.
I also believe that when the market picks back up and there are not as many foreclosures then there will be less competition, but homeowners will still be willing to work with real estate investors.
How does everyone feel about this?