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How to buy foreclosures – Donald Trump reveals the secret

Sign Of The Times - Foreclosure
Creative Commons License photo credit: respres

In an interview with CNBC, Donald Trump, chairman and president of the Trump Organization has stated that it’s a great time to buy real estate, which probably makes you want to role your eyes and ask – with what?

“This is the best time I’ve ever seen to buy both real estate and probably other things. This is one of the great opportunities.”

Trump goes on to explain that banks are willing to provide finance to customers who are willing to take on foreclosed property. He goes on to advise:

“If you want to buy a house, only deal with the bank,” he said. “Go to the bank and take one of the hundreds of thousands of [foreclosed] houses away from them, and they’ll provide the financing.”

“If you go to a bank and ask for a mortgage because you want to buy a [non-foreclosed] house they won’t give it to you,” he said. “The banks are not lending. Despite what they say, the banks are not lending.”

Trump went on to promote his latest book – ‘Think like a Champion’ which he wrote because of the current situation. He said:

“So many people wanted to talk about what’s going on—the current mess,” he said. “I wrote a book, and a lot of it has to do with fear, handling fear, what to do about fear, and how to put fear to work for you… the book has been well received.”

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One Response to “How to buy foreclosures – Donald Trump reveals the secret”

  1. Android says:

    Trump is the only one with enough audacity to come out and face sensitive issues. Trump loves debate, and he loves winning debate, because winning debates and staying on top is what Trump does for a living – naturally. I know if he became president he is going to tell it like it is from the podium and none of this go hide behind congress BS we get from every president. Not to mention the American economy can only get better if it plays a trump card – and how overdue the US is for a TRUMP card!!! So if Trump wants to get real on the ballot, I am voting for him. Its not a joke anymore because the US is in deep financial debt and Trump is the only one who understands this and knows how to climb out of the hole. The only ones who will hate Trump are the other country leaders who will be jealous of the US moving forward with financial stability and prosperity. I think its time we stop wiping everyone elses butts and lay the smack down with the trump card ballot. Enough said.

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