Foreclosed and Distressed Investment Properties in Chile
Chile stretches over 4,000 km (2,485 miles) from top to bottom, giving it one of the world's most diverse climates-from the Atacama Desert in the north to Patagonia and Antarctica in the south.
The capital city is Santiago, located approximately in the country's center, and Chile is widely regarded as one of South America's politically and economically stable countries, which attracts foreign investors and private buyers that in turn supports the Chile real estate market.
Popular areas of Chile with International Buyers - investment or personal use, listed by owner, for sale by real estate agent and for rent:
Looking for distressed properties can be a smart investment strategy, especially if you're interested in flipping, wholesaling, or buying below market value.
Investors can also refer to the local County Courthouse or Public Records and search for public notices of default, tax liens, and foreclosure sales.
Working with Property Agents or Realtors who specialize in distressed properties, foreclosures and short sales can be useful as well as keeping an eye out for expired listings or properties sitting too long on the market.
Drive around neighborhoods looking for vacant houses, broken windows, or deferred maintenance and work with probate attorneys, property managers, and bankruptcy lawyers who they often know of distressed assets.
