I know these areas well, and have all of the resources to check out how many foreclosures are there and how good an investment it would be. It is very important to choose a Realtor that has the information to give you. I would be happy to help you with all of this, and have sold in both communities.
Please contact me for a no commitment conversation. Thank you.
Lynne Hale, Broker-Associate
Century 21 Hansen Realty Inc
We have access to see exactly how many distressed properties are in these specific communities. We can also ask the associations for the information on how many units are behind.
I am not so much concerned about crime in these areas, as I am about a decline in property value due to excessive foreclosures. If there are many units are sitting empty, maintenance fees are not being paid - so the whole community may end up deteriorating from a decline in maintenance.
How can we investigate the extent to which something like this may happen?
Thank you once again.
I would tell you that when we found a home you are interested in, we would have to do our do diligence to see how many actual short sales, and foreclosures are in that specific area or community. There are ways for us to find out the information to feel comfortable with the community.
I hope this is helpful. Please contact me if you would like further help, I am happy to help you.