Foreclosed and Distressed Investment Properties in Georgetown, Guyana
Georgetown, Guyana is the capital city of Guyana, and can be found on the northern Atlantic coast of South America.
The economy in Georgetown is driven largely by non-nationals and local business professionals, who often work within the oil & gas industry, and who are fueling demand for luxury properties, with associated gated communities, luxury apartments and villas.
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.
