• Desperate sellers: The market has a surplus of foreclosed and underwater properties that both home owners and lenders are eager to unload.  If you have the patience to complete the complex process you can save a bundle.

• Little competition. Most people don’t have the skills to negotiate their way through short sales and REOs, patient investors are winners.

• Low rates. Mortgage rates are at their lowest level in 40 years. If you believe inflation is inevitable, lock in now.