Purchasing power is a term used when a buyer of real estate has cash and is searching for a home for the family and wants to buy below market value. The buyer has the opportunity to wheel and deal since there will be no financing involved. In todays economy and real estate market purchasing power is defined as a buyer looking to take advantage of this depressed market by making low offers. Many sellers MUST get out asap because of personal finances and going upside down on their residence. Now this is real purchasing power especially if the buyer is in an excellent position to wheel and deal. I am a BUYERS specialist and will help you make the right decision. Call me, Lowell Levine 561-514-4000 www.buyersbroker-palmbeach.com
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