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Saturday, February 28, 2009

CBI Group to Host Arizona Real Estate Investment Seminar in Vancouver

CBI Group, an Alberta based real estate investment company, will be hosting a real estate investment seminar in Vancouver to educate the public about real estate investments in the Arizona; an area experiencing some of the lowest real estate prices in recent history. The seminar will focus on their Arizona Acquisition Fund; an opportunity allowing individual investors to participate in the bulk purchase of homes in the Phoenix area.

"Last week we bought a house that was nearly $300,000 at the peak and closed it for $87,000. We're seeing distressed sales such as this on a daily basis. And because we are paying cash, closing quickly and, in some cases, negotiating directly with banks, we are able to purchase homes at lower prices than individual investors can." said Jarrett Zielinski, VP of Acquisitions at CBI Group who is managing the purchase of the 175 homes the group is acquiring for the Arizona Acquisition Fund. "Individual investors may not understand the amount of due diligence and logistical hassles that are imminent when making a cross-border real estate purchase. Our seminar will show investors exactly how they can participate in the tremendous profit potential without the challenge of finding their own way in a foreign real estate market."

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