- The Desert Real Estate Blog
- De gustibus non est disputandum - There's no excuse for good taste. Living Well Begins At Home. As the broker of choice for countless celebrity clients and Fortune 500 CEOs, I take pride in a level of service, experience, and discretion that is without peer in the communities of La Quinta, Rancho Mirage, Indian Wells and Palm Desert. Searching for a residence of uncommon distinction and grace? Share your wishes with me and reap the benefits of an insiders’ knowledge of the upscale desert communities. And if you are planning to place your home on the market, no one is more skilled at providing exposure and finding qualified buyers across the nation and the world. I specialize in luxury homes and fine golf properties within the Coachella Valley.
Monday, February 25, 2013
Buy Up Distressed Properties
9:34 AM | 
Posted by
The Desert Real Estate Blog
Many investors looking for a deal will
continue to pick up properties that have been through the foreclosure process.
The object of the exercise for some buyers is to build an investment portfolio in
anticipation of increased demand due to population growth.
Naturally, purchasing these
properties at bargain prices, specifically at auctions, could give shrewd investors more bang for
their buck as demand for housing increases. The caveat being that you need to do your homework!
Just because the property was
distressed at one time, doesn't mean it needs to be distressed when it is
purchased by the real estate investor.
What we have and continue to do for the investor, is to focus investors
on the ease of buying properties that have already been through a complete
renovation process and, more importantly, are not sitting in a condition with
deferred maintenance issues.
This allows investors to really focus on a top of
the line property with the highest anticipation of performance.
There are some really outstanding values in the desert from $150,000 uo to $5 million.
Currently we have 2 homes in the $150,000 range that are 3 to 4 bedrooms in gated communities as well as a magnificent home in La Quinta that was originally $3 million now selling, fully furnished for $1,595,000.00!
Call me directly at 760.574.7676 and I will find you a great opportunity and investment with built-in equity
Labels:
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment