Short sales, foreclosures, REOs and new construction deals

The question of whether this is “a good time to buy” doesn’t make much sense to me without a specific factual context. Whatever your take might be on whether the overall market has bottomed out, the chaos In the marketplace has created opportunities we haven’t seen in some time.

I sat down this morning with Kathleen Cordes of Prudential Preferred’s Lincoln Park office to chat about the positives and negatives inherent in some of today’s hot issues. Kathleen bills herself as a “distressed property specialist.” Unlike most residential brokers, she also has experience with commercial real estate.

The first part of our video interview is above, and we’ll post more soon.

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