I told you to hang in there!!
ByWell the first no-doc product came back into the market yesterday, up to 70% LVR but already the investor products are returning. YAY!!
I expect things will be weird for a little while but it is increasingly looking like I predicted that it won’t be a long while so get into any bargains before the media sentiment starts to change, because it will turn quite quickly.
I met with some good friends of mine yesterday and they had just returned from the USA and had visited some areas with great growth, huge cashflow and high demand. You never hear about that on our news do you. The fact is that the sub-prime has done it’s worst in the USA and things are recovering already.
Australia is simply not hit by it hardly at all. Markets are a little patchy there currently in some states but there are huge opportunities and their finance markets are fine.
We will follow, do ya hear, we will follow.
Get ready to buy your next property, the bargain basement window will slam shut soon I reckon, don’t wait too long. And if you need lo-doc money Kris is only a phone call away 021-300192. He can help nationwide and even has an office in OZ!!
Stay safe ~ Dean Letfus @ www.massiveaction.co.nz
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