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Distressed and Foreclosures
Foreclosed and Distressed Investment Properties in Ecuador
Ecuador, located in the northwestern region of South America is bordered by two countries, Colombia to the north, Peru to the east and south as well as having The Pacific Ocean situated to the west.
Geographically Ecuador has many different environments with the Andes Mountains, the Amazon rainforest, a long Pacific coastline, as well as being home to the world-famous Galápagos Islands.
Ecuador offers investors and private user buyers a wide range of different types of real estate including luxury properties such as beachfront condos, mountain estates, and colonial style properties.
Popular areas of Ecuador with International Buyers - investment or personal use, listed by owner, for sale by real estate agent and for rent:
Properties in Cuenca
Properties in Playas
Properties in Salinas
Properties in Quito
Looking for distressed properties can be a smart investment strategy, especially if you're interested in flipping, wholesaling, or
buying below market value
.
There are many places to find distressed or
foreclosed properties in Ecuador
, for examples you can
ask a real estate agent
to filter for foreclosures or bank-owned (REO) properties.
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.
How to buy, sell or rent properties in Ecuador:
How to buy a property
How to sell a property
How to rent a property
Real Estate Agents and Property Developers in Ecuador
Real Estate Companies
Development Companies
Useful Links and Information
Ecuador Government Website
International Property Directory (IPD) Online Since 2003