So says Colorado Springs, Colo., real estate agent Shawn Jardine in a recent article from the Christian Science Monitor:

“It’s a feeding frenzy right now. On one property listed for $65,000, I had 15 offers. The best offer won at $20,000 over asking price.”

Wholesalers, which are basically investors with lots of money who can buy in bulk, are “snapping up” a healthy chunk of the best distressed property deals currently available on the market.

It’s common these days for wholesalers to swoop in and make all-cash offers, making it difficult for first-time homebuyers and other “small-time” investors to land their deals.

With the nationwide housing market riddled with bargains, and a volatile stock market, wholesalers are literally banking on the notion that the market will eventually rebound. Perhaps not to pre-collapse levels anytime soon, but nonetheless, it’s bound to happen.

When and where is still a huge question mark. In the meantime, opportunistic wholesalers have the ability to buy low now, renovate their homes (if necessary) and then hang onto them for however long it takes to rent or re-sell at later time for huge profits.

To beat wholeslaers, investors and other buyers to the punch, we always recommend that you consider our FREE email alerts. We send you the hottest deals in your area the moment they hit the market.

Timing is everything … now more than ever!

Another city, more happy homeowners.

REDC — one of the nation’s most reputable and successful real estate auction companies — unloaded more than three dozen homes this weekend at a foreclosure auction in Golden, Colo., according to CBS4Denver.com.

All in a day’s work for the auctioneer, which is among the best at getting distressed homes off the market and occupied at a remarkable rate, selling more than 13,000 properties so far this year worth about $675 million.

Impressive to say the least … and we’re not even at the half-way point of 2010.

It’s an efficient process that gets families into homes, eliminates vacancies and takes a financial burden off banks.

So it’s not surprising that all parties — and communities — embrace REDC wherever and whenever it rolls into a new town, says company spokesperson Brad Fields:

“It’s taking a process that is traditionally a little slower and being able to very quickly get buyers into the property and revitalize those neighborhoods and create homes. It’s a little bit different of a process, but one that buyers shouldn’t be afraid of.”

REDC allows buyers and/or their representatives to place bids in-person or online. The process is safe, easy, and compliant with all legal regulations.

To check out the homes for sale at the upcoming foreclosure auctions, as well as to see when REDC will be coming to a city near you, click here.

There are several things that can and do often send homebuyers off the rails during the homebuying process, but CNNMoney.com whittles down the list of the most common pitfalls to six:

1. Not knowing your credit score
2. Buying a car before a house
3. Skimping on home inspection
4. No lawyer
5. No contingencies
6. Not budgeting from insurance

Remember to also check out our “First-time Homebuyer Program” Webinar to ensure that your experience is the best it can possibly be … it’s well worth it.

Avoid costly mistakes now and in the future!

Learn how to properly prepare and close successful short sale offers in record time with help and direction from investing pro, Sharon Restrepo.

Sharon will demonstrate how you can put the “short” back in short sale, leveraging the recently-introduced Home Affordable Foreclosure Alternatives (HAFA) program, which provides incentives for lenders to close these types of deals fast.

Register for “Short Sale Intensive Training” before it’s too late. Click here. The educational session is available to watch LIVE online during an information-packed presentation scheduled for Thursday, May 13, at 7 p.m. ET.

Here are just some of the many invaluable nuggets you will take away:

• How to make more money on short sale transactions
• How to put together the best short sale package
• When to avoid a short sale
• How to short sale as an investor or agent
• What banks are looking for when short selling

Expect more short sales (and great deals) to flood the market now and well into the future. So you need to know exactly what you’re getting into with short sales today and how to purchase them for pennies on the dollar as soon as tomorrow!

Register for “Short Sale Intensive Training” before it’s too late. Spots are limited and filling up FAST! CLICK HERE.

Webinars are LIVE educational sessions that let participants see, hear and interact with real estate experts right from their personal computer screens. In fact, Webinars are driven in part by visitor feedback and questions that are posed during the sessions. For more information and course offerings click here.

Right now!

We’ve been telling you this for months: If you have the means to purchase real estate then you should act as quickly as possible.

Ilyce Glink from CBS MoneyWatch.com drives our point home with her article, “3 Reasons Why Now The Best Time To Buy A Home.”

These important points should come as no surprise for our regular readers:

1. Homebuyer tax credits
2. Mortgage rates are at 40-year lows
3. Home prices are at generational lows, too

Sound familiar? It should — We’ve been harping on this “perfect storm” as frequently as possible because it’s TRUE.

Historically-low prices, as well as interest rates, and limited-time government incentives ($6,500 and $8,00o tax credits) make this an awesome opportunity to score a deal of a lifetime.

These conditions won’t last forever. In fact, the tax credits are set to expire later this month (April 30).

So what are you waiting for?

Head over to Foreclosure.com right now and check out the best deals in your area before someone else beats you to it.