Wednesday, October 8, 2008

Great Deal in Real Estate = ?

We are all looking for a “great deal” in real estate so I wanted to give some thought to what that constitutes. Is it near bankruptcy with the mortgage company at the door or a quality property at a price that reflects true market conditions? A “great deal,” that is a secondary or third tier property, in my opinion, might fit the first description. Any quality property that is a combination of both will move quickly, but I always place quality first.


- Dale Potvin, Owner/Broker


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