Distressed Real Estate

Almost all of our clients ask about distressed property.  They want the best deal there is. Nothing wrong with that.....I want the best deal also.  The best deal though is a matter of perspective.  Some people need to move quick because of a new job, divorce, death or some other imminent change.  They can't wait for the time required to do a short sale. Other people have no time line and have the cash ready to go when the right deal pops up.  Some people prefer not to get involved in the distress of others and that is fine also. These all are simply the perspectives of different buyers. Sometimes a distressed property is a good idea and sometimes its not.  When it is a good fit...man is it a good idea.

2 transactions come to mind that saved the buyers substantial dollars since they were willing to be patient and allow the transaction to run its course. One, a rowhouse, saved the buyers over $170K! The other was a condo that the buyers initially paid $279K and was eventually sold at foreclosure for $124K.

These are simply a small fraction of the deals happening today in the Philadelphia market.  Call us and see if we can find a match for your needs. Investment, rehab, new construction...the sky is the limit, today there are 3758 properties that are behind 90 days on payments....guess where they are headed?

We have been closing these transactions for the past few years.  We have honed the skills necessary to negotiate with the banks to get these deals done.
We have the ability to contact these owners before the property is listed for sale, so we beat all the other potential buyers or investors do....sound like a plan?  CALL TODAY.

Call us TODAY 215-292-5821 to find out more.