Suze Orman on the Oprah Show

Yesterday’s Oprah Show featured Suze Orman. You know, the tough talking woman that’s been preaching about financial responsibility for decades now… She’s long heralded home ownership as a wise thing to do in lieu of renting.

 

 

 

I know most people would bet that Suze Orman isn’t singing the praises of home ownership now. Ironically, those people would lose the bet.

Oprah asked Suze Orman yesterday if it was a good time to buy property given “the deals out there.” Suze Orman’s answer was “Yes. If you have can afford the mortgage and can qualify for a loan.” “You are not only going to get a deal – but you could get a deal of a lifetime.”

 

I couldn’t agree more. I’m seeing deals for properties that are beyond undervalued given the mortgage loan debacle and the conservative, border-line irresponsible appraisals that are being conducted in the South Florida market. The low property appraisals seem almost arbitrary. But until markets – both financial and housing – stabilize, consumers need to be prepared to capitalize on blatant opportunities in this real estate market.

 

If you are considering buying a home, this is an extraordinary time – sellers are open to creative incentives and Realtors are privy to terrific inventory. This isn’t a time to be shy. This is a time to capitalize on opportunity.