I once heard an exerpt from an interview with Donald Trump who mentioned he purchased Real Estate during the last know recession.
Of course Real Estate Markets vary, but Northwest Indiana has remained an affordable place for housing options for both First Time Home Buyers AND INVESTORS....you don't have to be a Donald Trump to take advantage of some great deals at present!
In the last few weeks specifically, we have had phone calls from cash buyers looking to fix & flip properties, AND from agents working with buyers who have been patiently awaiting a market such as this to purchase a home by paying CASH.
A recent CASH CLOSING we had took only a few weeks from the time the contract was written to get to the closing table.... and less 20 minutes at the TITLE COMPANY to Close the DEAL. 
CASH REAL ESTATE transactions typically DO NOT involve working thru the maze of financing stipulations and long waits for Funding Approvals:)
Working with a Professional REALTOR..... you still have valuable services and representation throughout the due diligence process of competitve market analysis for pricing, negotiation of contracts, multiple inspections and responses, appraisal, survey, titlework, deed, escrow, insurance, possession and more!
If we can assist you in the purchase of property located in Lake County, Porter County, La Porte County, Jasper County or Newton County in NW Indiana, give us a call @ 219-405-1232
This is just one in a series of Posts For Localism By Jeff & Grace Safrin, F.C. Tucker Advantage Realty, Serving Northwest Indiana...on HOMES SOLD IN A MARKET THAT's NOT SUPPOSED TO BE GOOD....
Other Posts in this series are:
http://activerain.com/blogsview/489526/Valparaiso-IN-First-Time
http://activerain.com/blogsview/458373/Reverse-Offers-in-Real
http://activerain.com/blogsview/441172/Who-is-NEXT-Referrals
http://activerain.com/blogsview/439592/1st-BORN-2nd-Wife
http://activerain.com/blogsview/421935/Tri-Omino-Effect-on
http://activerain.com/blogsview/421330/IN-A-MARKET-THAT
http://activerain.com/blogsview/452527/A-Step-on-the
Jeff & Grace Safrin REALTORS - "Spouses Selling Houses' TM
F.C. Tucker Advantage Realty
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F.C.Tucker 1st Team Real Estate
13 Lincolnway Suite # 203
Valparaiso, IN 46383
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Great post, we are seeing alot of activity with investors picking up properties for great deals, the flipping market is alive and well here.
That and most of these investors don't mind holding on to a property for a year or 2, they are renting them out and when the market is mnore favorable for selling will put them on then.
For home buyers sitting on the fence, now is your time to take advantage.
Thanks Andrew for taking time to stop by and share....your comments "the flipping market is alive and well here" echo what we've experienced recently and yes, we agree with the important point you made.... investors do not mind increasing their rental portfolio's at times like these and then waiting for more favorable market conditions to sell!
Sincerely,
Grace
Cash is good, accepted all day long.
ditto to your comments keith-had a cash closing on one of our listings this month already - no need to compare new good faith estimates against new hud 1, does not apply
working with another cash buyer this week
having more private banking transctions- where a mortgage free property allows seller to carry the note
the times they are a changing to the way this country started -