Foreclosed and Distressed Investment Properties in Ostroda, Poland
Ostróda is a town in northern Poland, in the historical region of Masuria, and is located near the Drweca River, and on the shores of Lake Drweckie.
The Masurian Lake District is well known in Poland for water sports, boating, fishing, and nature holidays, where Ostróda benefits from this tourism sector that focuses on the luxury properties serving the vacation or holiday markets with long and short-term rentals.
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.
