Good Question!Buying unwisely in any city/business climate good or bad is a prescription for disaster. Warren Buffet, an obviously successful guy, states that he makes more money in troubled times than in good times.There are no pitfalls to smart buying in a bankrupt city with a high foreclosure rate if you do the research, and buy good opportunities, which truly abound in this situation. Conversely, buying a year ago in a healthy city with no bankruptcies and foreclosures would surely have lead you to todayâs doom, had you not done adequate investigation. Call us for guidence to get in on this most opportune time when interest rates are about to dip below 5%, sellers are desperate to sell and buyers are king.Ray SchuldenfreiREMAX - Hollywood Hillswww.diaandray.com#1 Realtor in the Hollywood Hills(323) 876-2456 Ext. 111
Good Morning Caccurso,Thank you for your question on the 31543 Pacific Coast Hwy. This is a gorgeous property. Please feel free to call us here at the office so we can further discuss your inquiry.We can best be reach at our office (323) 876-2456 Ext. 111.
7180 Woodrow Wilson Drive is a REO, which means it's bank owned. If you have any further questions please feel free to contact us:Ray & Dia(323)876-2456 ext. 111
Thank-you for your interest in 2721 La Cuesta Drive! It's a gorgeous property! The seller is moving and wants to simplify his life. He has several properties that need 100% of his attention. Call our office so we can set-up an appointment for you to view the property.Please Feel free to Call or email: (323) 876-2456 Ext. 111RayandDia@hotmail.com
What are the pitfalls of buying in city that has gone into bankruptcy and high foreclosure rate?
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