Welcome back from the wonderful holidays. Saw all family and grandkids.

Now it is back to work. It has been a challenging year with all the foreclosures. Lots of new buyers for the investment properties. I might mention that investors especially from out of town hire a buyer’s agent rather than a seller’s agent. The seller’s agent must represent the seller. The buyer’s agent represents your interests.  I have written a book that will be available soon that guides buyers on what not to buy. A friend of mine that is a mortgage banker has partnered with buyers of short sales. However, they will not buy condos. In my book one of the investments I recommend against is condos for rentals. Experienced renters avoid them because associations don’t like renters. The renters feel like they are being spied upon. If they are coming from apartment living condos remind them of apartments. They are looking for detached living such as a home.

I am cancelling my comments service. Too many fruitcakes and I received fruitcake for Christmas. However, you can email me at propertymanager@arbourpm.com


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