Foreclosed and Distressed Investment Properties in Kowloon Tong, Hong Kong
Kowloon Tong is an upscale residential district located in northern Kowloon, Hong Kong, situated between Kowloon City, Kowloon Tsai, Shek Kip Mei, and Yau Yat Chuen, and is just south of the Lion Rock mountain range.
As one of the most exclusive and low-density neighborhoods in Kowloon, Kowloon Tong is a location to look for luxury houses, luxury villas, and upscale apartments, and local wealthy individuals, celebrities, and high-net-worth expatriates reside here.
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.
