Due to the fact that U.S economy is still staggering its way out of the recession, some local employees are facing lay-offs because of the substantial shrinkage in demand for their service and goods. Some first-time-owners who purchased their first nest five years ago at a rate much higher than the FED offers today are at the highest risk of defaulting. Defaulting on your mortgage payment means the Bank will take your property back and put it on the market for sale. Whoever places in the highest bid wins. Now, these investment opportunities I just mentioned share the following characteristics: 1. Condos. Most of them are condos and selling slightly above 200k. 2. Great pricing. Some have been on the market for too long, now are selling 5% below the Government assessment value and that’s not the bottom price. 3. Great Location. We are not talking about houses with million dollars oceanic views. We are talking about practical locations where you can go out and ride on a bus in minutes. 4. Great Rental Demand. Most of those condos are located in commercial courts which comprise shopping malls and bus loops. 5. Well Management. Most condo residents do not realize their condos are under mismanagement. That is, you are paying too much for your condo fees, especially when the building is run by doctrinaires. A good opportunity with low condo fee is a must! Don’t miss out those investment opportunities, they are out there and won’t last for long!

This entry was posted on Wednesday, November 18th, 2009 at 10:21 pm and is filed under Investment Opportunity | 投資機會. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.