Combine this with the fact that nearly 2 billion worth of mortgages are currently sitting in the Non-Performing class for the 4 major banks, mortgagee auctions and problems are clearly visible for many home owners in the short term.
The purpose of this article is not to spook you. As a SMART Property Investor, you should find comfort in these numbers because while it spells doom and gloom for many, it spells opportunity for the SMART investor.
There are 2 specific solutions we provide here at Property Magnets that could fast track your road to success in today’s property market.
First is our SMART Portfolio Builder course, which is designed to help you build a portfolio of properties at speed and scale never before seen in the property market.
The opportunity is there and the market is already showing signs that are set to favour those that take action NOW.
The second is our SMART Property Alerts system. Its a powerful, interconnected database that picks up distressed properties across New Zealand and Australia just when they hit the market and sometimes even 3-5 days before they are featured anywhere else.