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Distressed and Foreclosures
Foreclosed and Distressed Investment Properties in Lombok, Indonesia
Lombok is an island located in West Nusa Tenggara province, Indonesia, east of Bali separated by the Lombok Strait, and west of Sumbawa Island.
The Indonesian government has designated Lombok as a "priority tourism destination", often referred to by many as the "Next Bali."
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 Lombok, Indonesia
, 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 sell or rent properties in Indonesia:
How to sell a property In Indonesia
How to rent a property In Indonesia
How to buy a property In Indonesia
Real Estate Agents and Property Developers in Lombok, Indonesia
Real Estate Companies
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International Property Directory (IPD) Online Since 2003