Distressed Property Sales in Mallorca – A Comment on the Market For Distressed Mallorca Property
Due to the economic climate we are accessing for clients an increasing number of distressed Mallorca property opportunities. These forced sale opportunities offer investors the possibility of excellent long term returns or for lifestyle purchasers the chance to buy luxury Mallorca real estate at very low prices. While we maintain that the Mallorca property market and the wider national and international economic backdrop remain “complicated” we feel that some buying opportunities are emerging particularly where current owner have over leveraged, have cash flow difficulties and are coming under pressure from the banks.
Distressed Property Sales in Mallorca – A Comment on the Market For Distressed Mallorca Property
May 31, 2009 By
Investor Report: Gorilla Housing
May 31, 2009 By
Investor Report: Gorilla Housing
The vast majority of foreclosure auction investors pick up one to a handful of units a year at most, then either rent them out or fix them up for eventual resale. Typically they also troll for distress situations, pre-foreclosures and “ugly” houses. But John Helmick, CEO of fast-growing Gorilla Capital in Eugene, Oregon, takes a very different, high-volume approach.
Investor Report: Gorilla Housing
May 31, 2009 By
Investor Report: Gorilla Housing
The vast majority of foreclosure auction investors pick up one to a handful of units a year at most, then either rent them out or fix them up for eventual resale. Typically they also troll for distress situations, pre-foreclosures and “ugly” houses. But John Helmick, CEO of fast-growing Gorilla Capital in Eugene, Oregon, takes a very different, high-volume approach.
Hot Market: Charleston SC Sets Up For Strong Recovery
May 31, 2009 By
Hot Market: Charleston SC Sets Up For Strong Recovery
If shrinking inventory and dropping sales prices are any indicator, Charleston, South Carolina is about to follow suit of housing markets such as Miami, Washington DC and Las Vegas, that have turned around in recent months. Homes available for sale in Charleston have dropped nearly 10 percent in the last month compared to a year ago.
Market Conditions
May 31, 2009 By
Market Conditions
According to the latest report from the National Association of Realtors, existing-home sales rose in April by 2.9 percent.
Get That House Sold With a Lease Purchase
May 31, 2009 By
Get That House Sold With a Lease Purchase
A Lease Purchase Agreement aids a prospective purchaser to rent the property which he intends to buy before he is able to seal the deal. A Lease Purchase Agreement helps the potential buyer to rent the property which he is interested to …
Mortgage rates rise, poised to go even higher
May 31, 2009 By
Mortgage rates rise, poised to go even higher
Rates on 30-year home loans rose this week and were poised to go higher as investors demanded higher rates for long-term government debt.
Home sales flat; mortgage delinquencies rise
May 31, 2009 By
Home sales flat; mortgage delinquencies rise
New U.S. home sales were almost flat last month, indicating that the housing market’s recovery will likely be a slow and gradual process.
Investor Report: Gorilla Housing
May 31, 2009 By
Investor Report: Gorilla Housing
The vast majority of foreclosure auction investors pick up one to a handful of units a year at most, then either rent them out or fix them up for eventual resale. Typically they also troll for distress situations, pre-foreclosures and “ugly” houses. But John Helmick, CEO of fast-growing Gorilla Capital in Eugene, Oregon, takes a very different, high-volume approach.
Signs point to slowly recovering economy – Montgomery Advertiser
May 31, 2009 By
Signs point to slowly recovering economy – Montgomery Advertiser
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Signs point to slowly recovering economy
Montgomery Advertiser, AL Hopes that the real estate market might begin leading Alabama out of the current recession suffered a blow when the monthly sales report for April came out. The report, compiled by the Alabama Center for Real Estate at the University of Alabama, … |