I’m sure that many Landlords will agree; that new challenges have formed in the past 24 months. Since the first week of The Lockdown, the nation and the world have been fighting an uphill battle. These conditions have not worked in favor of Landlords in key states across this great nation.
This quiet before the storm in our Case Study page, provides the right insight into what lies ahead in this county. For centuries some Naturalist Societies pay close attention to nature for warning signs that something devasting is about to occur. By watching nature, they can determine or gauge the seriousness of the upcoming storm or natural disaster that is forming. By watching current animals’ behavior, their silence, and the direction birds are flying. This determines what decision they will make, or how they will react.
The signs are very clear on what is occurring around you…..look at how conservative the banking institutions has become, especially when it comes to Real Estate values. The crash of the high cost of living vs. the average wages in key fields have dropped, and the pressure of the coming economic storm coming based on one specialist . The banks are only using compliance data from 2016 to 2017, due to the fact that the last 5 years of data are not reliable because of Overpricing Issues nationwide! Dave Kamper of the Economic Policy Institute states Public employment had just barely recovered from the huge job cuts following the great recession of 2008/09, and then the pandemic dealt another huge blow. How combine that with the impact of Black Monday in 2020 the first Monday after the full roll back where the average loses range from 20k to 120K in one single day!! Due to the mixed politics based on masking policies lead by a number conservative governors will be the contributing factors of the overwhelming number of infected individuals due to two or more COVID-19 variance hitting key states nationwide.
We predict that the these states will be forced into some form of the rollback with no federal assistance available due to the financial stain the government with no additional financial support for the middle class to help them pay their monthly responsibilities such as housing , electric Bills , insurance , food etc. Leaving Landlords holding the bill for months , of which will lead to legal cost to evict tenants!!
Major banking institutions have been repreparing for months and the refinancing companies will be taking a back seat due to overwhelming response to underwater loans, where the banks will be holding borrowers to the fire after the true value will be any where from $35,000 to $120,000 less for residential and 28% to 35% less in Commerical property values!!
We project that a master reset of the entire markets is a verse of hitting a peak due to the overpricing that has occurred in the past 6 years!! This is the best time to crash out or liquidate.
Some of you have seen this coming, and you have grown tired of it in the past 24 months. You can Sell Quietly right here with us. Before the market resets itself, we project 35k to 120K Individual Losses, and the chances of refinancing will be a distance memory.
Can you just imagine once states suffer multiple COVID-19 variances taking over? States will be forced into the next form of a Roll-back?
Like it or not, when that occurs, that means many will suffer due to state limitations vs. the lack of federal support that was already over-extended.
Some of you are just plain tired of the drama of property ownership. Again, our unique option is what you have been dreaming of!!
Please allow us to create a win/win situation for you.
Send us a description of the property or properties in question, and what YOU would like to accomplish. ALL of our transactions are cash offers. Those with a clear title can close in less than 5 business days.
As part of ENS’s win/win concept we can align you other secure investment opportunities where you can be align to generate fixed returns without the headache of during with tenants and repairs.