Foreclosed and Distressed Investment Properties in Vietnam
Vietnam, located in Southeast Asia on the eastern edge of the Indochina Peninsula, is bordered by China to the north, Laos and Cambodia to the west, and the South China Sea (East Sea) to the east and south.
In Vietnam the demand for luxury property for personal use and as investment tools is being driven by strong domestic demand, due to the growing middle and upper classes, as well as international investors tapping into this key economic growth region.
Popular Cities and Towns in Vietnam with International Buyers and Investors:
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.
