Comments on: Distressed Property; Is it a Positive Investment?

By: Cabo Hotels

Cabo Hotels — Thu, 17 Nov 2011 19:37:50 +0000

This is something I actually have to try and do a lot of analysis into, thanks for the post

By: Vanessa

Vanessa — Wed, 15 Dec 2010 00:13:00 +0000

If you wish to sell your distressed property, Jet Cash Home Buyers is available to buy it from you. They take care of all the details to better help you. Distressed Property Vero Beach

By: Greg

Greg — Wed, 03 Nov 2010 11:50:56 +0000

I would recommend that the first thing you do before you buy property in a distressed condition is to get a housing survey done. This will show up any nasty surprises so that you do not put alot of effort into purchasing it and then realise you made a mistake!

By: Budget Van Lines

Budget Van Lines — Thu, 04 Feb 2010 00:50:29 +0000

finding eager sellers is a good idea…you are more than likely going to get a deal for below market value..the hard part is to assess why the seller is so eager

By: Sell House Fast

Sell House Fast — Tue, 01 Sep 2009 12:37:52 +0000

For new investors, nothing is more important than buying a property below its current value. If done correctly, you will create wealth for yourself very quickly.

If you don’t buy below the current value, you will most likely lose money and never invest in another piece of real estate again.

It best to buy at most of 70% of current value. If there are repairs necessary than subtract those also.

Happy investing.

By: Jon

Jon — Mon, 02 Mar 2009 23:43:36 +0000

we have many distressed properties in australia and they are being bought by first home buyers because of the Austrlain governments grant of $14,000

By: Julian

Julian — Thu, 06 Nov 2008 03:36:17 +0000

And the answers to kommety be?

By: Adverse credit mortgage

Adverse credit mortgage — Fri, 20 Jun 2008 17:15:13 +0000

When buying distressed property, it is always helpful to budget for the renovation work correctly. So many people fall into the trap of underbudgeting and then ending up with an unfinished project that starts to loose money, As a rule of thmub, calculate the likely budget and double it.

By: Investment Property

Investment Property — Sun, 02 Dec 2007 08:06:32 +0000

The current situation in the property markets in the USA and some European markets like Spain is presenting some great opportunities for cheap properties.

Investors can purchasse some really low priced deals these days without the property being distressed. Properties in generally good condition and new builds are being sold at prices up to 40% below the market value, so it is worth looking at these if you dont fancy a distressed property.

By: isp software

isp software — Thu, 08 Nov 2007 23:55:34 +0000

Distressed properties can be very advantageous in the right situation. Some of the best deals I’ve ever seen have been people who are in financial stress do to taxes. Most notably the estate tax.