Buy Now Or Wait? – Episode #282

A question I have been asked a lot lately is, “Should I buy now or wait?” It’s a great question that I will help answer at an event I am holding in three weeks. Read on to find out more.

Now that summer has officially arrived, many people and their families will be travelling and going on vacation. It is predicted that this summer will be the busiest travel time over the last 2.5 years…Those videos at Pearson Airport do not lie!

So, how does this make summer an opportunity for savvy investors? With less competition, plenty of motivated sellers and a market that is shifting, there will be a lot of great opportunities to take advantage of. I have already found several good deals, so I can only imagine what things will look like as summer progresses.

Here is an example of what I am talking about – I recently helped a client acquire a property for $400,000 less than asking. This house would have easily sold for more than asking just a few months ago. I am amazed at how many houses I’m seeing that aren’t selling and the motivation of sellers is really growing.

As always, the media is doing a good job of generating fear in people’s minds and this is an important factor investors can take advantage of. As Warren Buffett once said: “Be fearful when others are greedy. Be greedy when others are fearful.” The key thing is to have a plan and make sure the numbers work for you.

So, should you buy now or wait? To help answer this question, I am inviting you to an event I’m holding on Thursday, August 4 at 7:00 pm. I am bringing my colleague as a special guest speaker who has over five decades of professional real estate experience in the GTA. This gentleman has weathered every crash since the 1970’s and will share his wisdom and speak to the valuable lessons he has learned. You will benefit from his insights and may be surprised to hear what he has to say. I will be sending an invitation to you in the coming weeks.

Please register by clicking on this link: Register For The Event Here

**After registering, you will receive a confirmation email containing information about joining the meeting**

Let’s chat soon and discuss any questions you may have. I am always here to help!

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