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Joecarpenter, Real Estate Pro in Philadelphia County,...

The city of philadelphia has placed a moretorium on all foreclosures for 3 months. Will investment property dry up during this time?

Asked by Joecarpenter, Philadelphia County, PA Thu Jan 27, 2011

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I don’t think investment properties will dry up during this time.

You can buy an investment property that is not in “foreclosure” (pre-foreclosure, sheriff sale, REO).

I have yet to buy or wholesale a property that was in pre-foreclosure, at the sheriff sale, or a REO. We do a lot of marketing through different media to different markets with different messages.
0 votes Thank Flag Link Fri Jan 28, 2011
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