WHEN OPPORTUNITY COMES KNOCKING, WILL YOU BE HOME?

Todays real estate world is ever changing.  The players are still here (Buyers, Sellers, Lenders), just battered and bruised.  You wouldn't think so by the economy, but the opportunities are still here and the opportunities are vast.  Meeting the ever changing needs of real estate today is the focus of The LMC Group.  Everyone's opportunities are different and they change each day.  There are opportunities to sell and there are opportunities to buy. Each one comes with its difficult set of circumstances these days.

OPPORTUNITIES TO SELL:  It is easy to place a piece of real estate for sale.  But will it sell?  Does this piece  or tract of real estate have the opportunity to sell?  A seller's difficulty in today's market is identifying the marketplace amongst others.  Can you sell without identifying your buyer?  Can you sell without knowing what the market will bear?  With the entire glut of real estate properties out there, combined with an unprecendeted inventory of foreclosures and bank owned (REO) properties, the interested buyer is like finding a needle in a haystack.  Unfortunately, as a SELLER, your opportunity to sell property lies in a very few qualified real estate experts.  Add to that your individual given set of circumstances, you better find someone who has the ability to see what you are facing and has a great deal of experience.  Let's look at a few:

BANKS:  While the banks each have their own unique set of circumstances, they are faced with the significant challenge of foreclosures and foreclosure proceedings.  While there have been many banks to fail in this economy, those that are surviving have had increased pressure from the FDIC to make certain deals and contingencies, and some of those create undue havoc on their accounting systems.  In some instances, banks are forced to write down non-performing loans, and in other circumstances, forced to raise capital to avoid further intrusion by the federal government.  In summary, the banks are trying to sort through the guidelines and procedures to be able to survive and become a profitable entity as they should be.  Thus comes the OPPORTUNITY for the bank........ Click HEREor the tab to right for more

DEVELOPER/SELLER:  Developers and Sellers have their unique set of circumstances also.  Typically, they have had their credit lines frozen or notes called by the lending institutions.  This has created a panic to obtain additional sources of financing in order to avoid foreclosure of their properties.  The inability to find those additional sources of financing have halted their projects, and therefore the consumer is extremely cautious about purchasing or leasing into their product.  It doesn't take a rocket scientist to figure what happens next.  No Sales...  Thus comes the OPPORTUNITY for the DEVELOPER.......... Click HERE or the tab to the right for more.....

OPPORTUNITIES TO BUY:  It is easy to buy these days one would think... But is it really?  Lenders have clamped down on qualifications, buyers are struggling for financing avenues, properties don't have clear titles, foreclosures and short sales take forever, liens show up everywhere on real estate because people have not been paid for work completed on these properties.  Properties are run down, stripped, even destroyed.  How do you get a loan on a damaged piece of property?  The simple answer is, YOU DON"T.  But due to the supply of things for sale, prices are an all time low; prehistoric is what some would say.  Herein lies the need for extremely qualified people showing any buyer the ropes.  Again, there are plenty of real estate salespeople, but only a handful of top qualified experts.  The deals are out there for the picking; Thus comes the OPPORTUNITY for the BUYER.  Click HERE or the tab to the right for more........