Foreclosed and Distressed Investment Properties in China
China is a vast country located in East Asia, bordered by 14 nations, including Russia, India, Mongolia, Vietnam, and North Korea. It stretches from the Pacific Ocean in the east-where major coastal cities like Shanghai, Shenzhen, and Hong Kong lie-to the mountainous western regions near the Himalayas and Tibet.
With a population exceeding 1.4 billion, China is the world's most populous country and one of the largest by land area.
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.