St George Distressed Properties 101 If you are new to this business of the St George distressed properties 101, I will recap what has been going on. This information can be particularly helpful if you are a seller looking toward foreclosure or perhaps doing a Short Sale.
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Pros and Cons of Buying a Distressed Property.. If you are eager to become a homeowner or want to invest in real estate, a foreclosure can be a good place to start, provided you know what you.
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What are Distressed Properties? Distressed properties are a type of real estate that is being offered for sale because of an impending foreclosure or repossession. There are many different kinds of distressed properties, generally depending on what stage of the foreclosure process the property is under. There are distressed properties for sale:
We feature a wide array of distressed properties, even featuring homes that are located in some the hottest real estate markets in the country.
You then resell that property to another buyer, normally a real estate investor, at a higher price. Can This Be Done? Absolutely, I’ve done numerous transactions in Phoenix, although it is not as easy as it’s normally taught, however it is a proven real estate investment strategy with a very low barrier to entry.
Buy Low, Sell High There are no guarantees in the real estate business, but distressed properties, like any commodity, have some investment value. Economists say that home prices are starting to creep back up again, and after a few years, the value of your distressed piece of real estate is bound to rise in value.
Real Estate Appreciation It is when the property increases in value due to a change in the real estate market, the land around your property becoming scarcer or busier like when a major shopping center is built next door or upgrades you put into your real estate investment to make it more attractive to potential buyers or renters. Real estate appreciation is a tricky game.
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