Contrarian Investing

Are you a Contrarian?
Labor Day
What does Warren Buffett, the King of Berkshire Hathaway and a very successful investor say? “Buy, when everyone is Selling and Sell, when everyone is Buying!”
The logic is that you can get a better “Deal” if you’ve educated yourself on the Market and don’t follow the herd.

This Labor Day Weekend Beginning Friday at approximately 3 PM and lasting about 84 hours there will be virtually NO Real Estate or Mortgage activity, except for a very few savvy investors. Veterans of the business know that most folks are “enjoying” themselves with family and friends. But Lenders usually lower their rates (to prompt activity) and Sellers are often susceptible to less generous Offers because school is set and their looking at the end of the year to still be on the market:-(
How long does it take to Make an Offer or Lock a Loan? About 30 minutes! I’m working this weekend (not 24 hours a day) but enough time time to get it done. We’re glad to help you with Listings and an Offer ([email protected] 781-258-5216 cell) and I’m glad [email protected] 781-405-1845 cell) to help you lock during this “dip” of rates or setup for the rate you are looking for.

2nd Quote from a Fortune cookie many years ago. Confucius say “May you live in Interesting times.” We certainly live in interesting times and how best do we take advantage of it? 3 Steps – Set your goals, Learn the market and Just Do It!

Next meetings
Movers and Shakers Friday, September 6, 2013 7-8:30 PM Denny’s of Danvers
The Housing Court Judge Tuesday, September 17, 2013 6:30 – 9:00 PM SpringHill Suites, Peabody, MA

See you soon, enjoy the (productive) Labor Day, Mike Hurney Director PO Box 307, Marblehead, MA 01945

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