Foreclosed and Distressed Investment Properties in Guyana
On the northern coast of South America Guyana can be found, a country that has borders with Venezuela to the west, Brazil to the south and southwest, Suriname to the east, and the Atlantic Ocean to the north.
Guyana is one of the fastest-growing economies in the world, mainly as a result of large offshore oil and gas reserves being found by ExxonMobil and other oil and gas companies.
This economic expansion has in turn fueled the property market, creating demand for luxury homes and apartments, hotels, and high-end rental properties.
Popular areas of Guyana with Inturnational 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.
