Foreclosed and Distressed Investment Properties in Casablanca, Morocco
Casablanca, located on the Atlantic coast of Morocco, in North Africa, is the largest city in Morocco and serves as the country's economic and business capital.
As home to the Casablanca Finance City (CFC), a major financial district, Casablanca attracts multinational corporations, banks, and investors and their staff, which undelines demand for luxury residential and commercial real estate to buy and to 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.
