Donald Trump says "Now is the greatest time ever to buy a house"

By -
Wednesday, March 18, 2009

Donald Trump says "Now is the greatest time ever to buy a house"
You probably either love him or hate him but you must admit Donald Trump knows real estate. In an interview last night on Larry King Live, Donald Trump said "this is now the greatest time maybe ever, maybe in history, to buy a house." Please see the transcript below:

KING: Latest report, housing up in the last month, in February. And it was up in units that were apartment buildings. What do you make of that?

TRUMP: I think it is the beginning of a positive trend. Real estate has been absolutely beaten down. And this is a great -- as I told you before, I am buying a lot of real estate now. This is a great opportunity to buy real estate. It is a great opportunity for somebody, even with not a lot of money, to go to a bank and buy a beautiful house, better than they ever thought they would buy. The bank will take back financing. They won't give you financing. But if they have a house, they will take back financing. You understand the difference. If you go to the bank and say I want financing, I have the greatest credit rating, they won't give you 10 cents. But they will take back a lot of paper. And that is -- this is now the greatest time maybe ever, maybe in history, to buy a house.

KING: Really? The greatest time ever to buy a house?

TRUMP: I think so.

KING: Will the bank help you buy the house?

TRUMP: You must buy the house from a bank, and they must take back virtually 90 to 100 percent paper. If they've don't, you have no interest in buying a house. You go to the bank; you look at one of their thousands and thousands of houses. You buy that house, but they have to take back financing. Mr. Trump is on to something. In our market I have found that the banks are more willing to accept offers on houses they own when they will also be providing the financing. There are many great options out there right now for the first-time home buyer to the investor. Contact me to find out how you too can take advantage of this exceptional buyer's market. Let me put my expertise to work for you!

Comments

Post a Comment

Popular posts from this blog

Declutter Your Home Like a Pro!

By MSW -
Image
Once you decide that it's time to  sell your home at the Lake of the Ozarks , one of the first things you will need to do is get your home ready to show to your potential buyers. You won't want to wait until after you put your home on the market to start cleaning and getting your home organized because you could have showings right away. Clutter and an unorganized house will put off your buyers because it's hard to focus on the unique features of your home when you have clutter everywhere. Not sure where to start on decluttering your home? Read on for some expert tips from the  Fran Campbell Team ! Set Goals The thought of decluttering your home can be overwhelming. Where do you even start? Making a plan and setting goals will help you stay focused and be efficient in decluttering your home. Start with a list or map of all the rooms and specific areas that need tackling. Then prioritize them by which area needs the most work. Set goals for when you want each area completed
Read more

5 Kitchen Upgrades that'll Improve Your Home's Value & Marketability!

By MSW -
Image
Are you thinking about  selling your Lake of the Ozarks home  in the near future? If you are, have you thought about making a few updates before you list? Sometimes the difference between selling your home quickly and not is making a few updates to appeal to your modern buyer. A great room to start in is your kitchen! The kitchen is generally one of the most criticized rooms and today, our team of  real estate agents at the Lake of the Ozarks  have a few suggestions for things to consider updating in your kitchen that could increase the value and draw in more potential buyers. 1. Backsplash A tile backsplash is all the rage right now. "Backsplash" refers to tiling the area of the wall above the countertop and below the cabinets above it. Modern kitchens use the backsplash to bring out certain colors in the decor scheme and accent surrounding features. Feel free to make your backsplash the color of your counters, your cabinets, your walls, your floors, or a unique collage mixi
Read more

Fran Campbell Team Attends RE/MAX Mid-States Success Celebration!

By -
Image
Fran Campbell Johnson, RE/MAX Lake of the Ozarks, was honored at the RE/MAX Mid-States Success Celebration in Kansas City on February 26, 2009, with the Platinum Club Award for 2008. The award honors successful agents who have earned at least $250,000 in commissions in the past year. In 2008, only 4% of the RE/MAX network achieved this prestigious award. The RE/MAX Mid-States Region is comprised of Arkansas, Kansas, Western Missouri, and Oklahoma and currently has 1,964 active realtors. On March 5, 2008, at the RE/MAX International Convention held in Las Vegas, NV, Fran was also honored with the “RE/MAX Hall of Fame Award” during the “Night of the Stars” Awards Ceremony. The “Hall of Fame Award”, which honors successful agents who have earned more than $1 million in commissions during their careers with the company. Fran Campbell Johnson has been working in the real estate industry for more than 20 years and joined RE/MAX Lake of the Ozarks in May of 2004. Winning these awards are a tr
Read more