A buyer's market is technically defined as: "A morket condition characterized by an abundance of goods available for sale."

The in-depth definition from the same source is: "When a buyer's market exists in commodities, the buyer is able to be selective in purchasing, as there are many individuals wishing to sell. Furthermore, these buyers will generally be able to purchase contracts at lower prices and, or better terms than those that were previously prevalant."

The simple version is: when no one else wants a product of value...buy it, because the price will be lower whereby you'll be able to maximize your investment for future gain. In essence...buy low, sell high.

When it comes to purchasing land, it's not quite as easy as investing in your 401K or savings account. Those are simple. You can select as little as $99 to invest each month or as high as you can afford.

I sell residential parcels from coast to coast on Ebay and other advertising mediums. I offer quality, buildable residential lots at $0 down, low closing costs, resonable interest rates with usually 45 to 60 days before the first payment is due. I offer as many options and flexibility as anyone I know of, mainly because people, especially families need a low costs investment option and nothing provides the security of land.

The "deals" I've been offering since October, 2007, are getting fewer and fewer in number. As of today's date, I'm down to 8 properties available for owner financing. By offering financing, I make a little more over time but this is regulated to some degree by Market Conditions. If a property is over $20,000 or so, financing is economically  unfeasable for me to provide it anyway.

The best strategy for real estate and the best way to make money in real estate is to buy low, when the conditions are in the favor of the buyer to buy. Your start-up purchase is where you "begin" your investment growth...and that's why I submit to my buyer friends the above headline question, again: "It's a buyers market...so when are you going to buy?"

Even if you and your family are not really investors but are looking for a place to retire later, the time is now and it won't last much longer. Every indication points to the fact that "the bottom" of real estate is occuring in 2008 or early 2009. By all means, disern the news media, but don't follow word for word. There always exists a certain "risk factor" when great profit potential is possible.

The "bottom feeders" are out there, poised and ready. The opportune time to buy land parcels is quickly diappearing. Unlike traditional real estate, residential and commercials land does have a quantity limit. I predicted last year that the bottom market for land parcels will precede the bottom for traditional real estate by 6 months. Experts are now saying late 2008 or early 2009 will end the "Traditional Real Estate" snag. Time will tell if I am correct.

I hope this guide will be of some help. Busy people, helping people are the happiest people. Have a Great year!

This Guide was contributed by Jim Bullock, (President of ParcelQuest Corporation of Florida, U.S.A.) (c)2008 All Rights Reserved.