I am interested in purchasing a foreclosed home but it has 1/2 the square footage above grnd and 1/2 below. is it a good investment?

Asked by Property11, 18324 Tue May 24, 2011

Help the community by answering this question:

+ web reference
Web reference:

Answers

1
, ,
Wed May 25, 2011
Hllo property11.
What is or is not a ogood investment depends on several factors. What is the price you are paying compared to other properties in the area,what is th initial outlay, is it a primary residence or an investment property and what is your time frame. In the short term proeprty values have to stabilize before they can go up. However in the long run Real estate has alwasy been a good investment.

Alan
0 votes
Search Advice
Search
Ask our community a question

Email me when…

Learn more