There’s a reason why the world’s wealthiest people are all property investors: no other asset class offers the stability and growth potential that real estate does.And if you know the ins-and-outs of the business, real estate investment in Florida is much more affordable than you might think. Take a look at these options:
Property auctions
Snag yourself a once-in-a-lifetime deal by looking at properties up for auction. These assets are often offered below their market value and if you put in the right bid, you may be the new owner of a promising residential or commercial property.
Short sales
Want to invest in a property while helping a seller out? A short sale allows you to do both. In this transaction, the seller offers their property for less than the balance on their mortgage, effectively giving investors like you a significant discount.
Foreclosures
Foreclosed properties are seized assets sold by lenders to recoup at least part of the original cost. Because these are distressed assets, lenders are often willing to negotiate with buyers just to get the property off their hands. As such, foreclosures give you access to properties that would otherwise be out of your budget.
If you’d like to know more about auctions, short sales, and foreclosed properties, just give me a call at 561.839.0011 or send an email to alexaalvarezrealtor(at)gmail(dotted)com. With my deep expertise in the local Florida market, I can help you find a property that will truly be a worthwhile investment.
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