> Sep 2011 - Buyers Market as FHB's Struggle with SVR ?
A comment that Sash made in another topic got me thinking!
I think there will be some FHB's that are going to struggle with their repayments come the end of 2011!!
Some FHB's would have taken out a 3 year fixed Interest loan back in September 2008. IR were so very low back then. They will not be able to afford to hold onto their PPOR's because they over extended themselves.
I wonder just how many FHB's are going to be in trouble?
I am sensing there will be a buyers market and good opportunites to invest!!
In all states
I think I will bring forward my plan of buying in 2012 to the end of 2011. I'll get my pre-approval around August so that I'm ready if a good deal comes along.
I will be looking in Perth.
What do you guys think? Are you excited about the end of 2011 as I am??
I think there will be a good chance to buy something under value as the properties are going to have to be sold quickly as they cant meet repayments.
Looking forward to next year!!
A comment that Sash made in another topic got me thinking!
I think there will be some FHB's that are going to struggle with their repayments come the end of 2011!!
Some FHB's would have taken out a 3 year fixed Interest loan back in September 2008. IR were so very low back then. They will not be able to afford to hold onto their PPOR's because they over extended themselves.
I wonder just how many FHB's are going to be in trouble?
I am sensing there will be a buyers market and good opportunites to invest!!
In all states
I think I will bring forward my plan of buying in 2012 to the end of 2011. I'll get my pre-approval around August so that I'm ready if a good deal comes along.
I will be looking in Perth.
What do you guys think? Are you excited about the end of 2011 as I am??
I think there will be a good chance to buy something under value as the properties are going to have to be sold quickly as they cant meet repayments.
Looking forward to next year!!