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Are you in a 1031 exchange and need to park you money for a period of time? Buying foreclosed homes and commercial properties could be one of the best hedges against this real estate cycle. Use these discounts to increase your net worth. Now, some of these properties do need work, you need to be sure that you are ready to take on a project, but this could be the deal that you tell your children.
Purchase prices vary from 40 to 65 cents on the dollar for residential and 70 to 90 cents on the dollar for commercial. Call us to see if we can help your situation. | |
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