Foreclosed and Distressed Investment Properties in South America
South America is a continent located primarily in the Southern and Western Hemispheres, connected to North America by the narrow Isthmus of Panama.
Luxury properties in South America often offer exceptional value compared to North America or Europe.
You can own beachfront villas, mountain retreats, or city penthouses for a fraction of the cost of similar properties in Miami, Monaco, or Paris.
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.
