For quite some time now it has seemed as if the government has actually looked down upon real estate investors. It was as if they considered investors as people who took advantage of homeowners. They certainly proved this view with so many different laws to eventually try and discourage real estate investing. But because of the housing crisis it seems as if the government has changed their views. So in this article we are going to examine a couple of proven ways that the government is now encouraging real estate investing.
First of all the government looked at investors as the enemy especially when foreclosures were at an all time high at first. But recent legislation actually shows that to be the real opposite case. Basically, one of those pieces of legislation that has proved that is in regards to short sales. Short sales are where a bank takes less then what is owed on the property to cut their losses.
Well the biggest buyers of foreclosures and short sales are actually the real estate investors especially when the housing crisis hit. The legislation that really shows that government is in fact encouraging real estate investors is where they are certainly encouraging incentive’s to the banks in order to do short sales really fast.
Another piece of legislation in regards to this is the FHA 90 day seasoning requirement. To stop flipping houses, that piece of law was especially designed. Flipping houses was really something that most of the investors were famous for. But recent legislation has temporarily suspended that so now there is no 90 day seasoning requirements. This shows that the government wants to encourage investors to buy these houses so they can flip them to another buyer.
All of this is actually showing that the government now realizes that real estate investors are definitely helping the housing market. Instead of just looking at them as hurting the market, all these actions are definitely showing that investors help.
So if you are really looking to invest in real estate, then you definitely need to take advantage of the favorable climate. The government is absolutely encouraging you to do it, while the market has all the best deals which you can handle so well.
Great deals can be found with us at our Dallas Investment Property company. Plus the foreclosure market is ripe with deals using our Dallas foreclosures.