Donald Trump Says Buy Buy Buy!

August 13, 2008 · Print This Page

Donald Trump
Donald Trump was on Good Morning America yesterday. He had some great advice for those looking to buy or sell and those facing foreclosures.

Donald Trump encouraged people to buy now if they can. This is the man that said to be careful about buying when the market was booming and people were getting those mortgages that were blowing up. He says to figure out which markets are holding strong and buy there. If you are in a place where the values haven’t gone up in 50 years, get out if you can.

He discouraged selling right now unless you have to. But if you must sell right now, make sure the home is in pristine condition.

If you are facing foreclosure he advises that you try to negotiate with the bank. Be NICE he says and try to come up with a solution. The banks do not want to carry your home along with all the others they have to deal with and even if you have a notice to vacate your home, he suggests that you don’t leave.

When asked how long the downturn market will last he said he thinks it will only last about a year. He suggests people hang in there and that it will soon turn.

“If you want to buy a house there’s probably never been a better time,” the real estate mogul said.  “It’s a tough market. It’s a horrible market,” he said. But “this is the absolute time to buy.”

To see the interview click here: Donald Trump Video

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