Investors, Foreclosers - Calderon Construction Co - We can help your rehab your forecloser properties
Investor / Foreclosures
Are you ready to buy a
foreclosure?
This is a historic time in the US
economy. Housing prices have dropped over 40% just this
year. There is a surplus of homes for sale and Foreclosed
on the market right now, which puts you in a negotiating
position. There is quite a bit you need to learn in order to
save money and maximize your profits.
Whether you
plan to buy a foreclosure for your own personal residence or
you are buying foreclosures for investment purposes, you
need to do a little homework before you hit the ground
running.
As the economy nears it’s bottom, we will
surely see Foreclosure pricing rise as well.
Right
now is the time to buy!
As a matter of fact, the
stock market is reacting to new political stimulus plans
everyday. The stock market is returning to normal, houses
are starting to sell again and people are slowly regaining
confidence in the American Dream.
This is one of
those rare opportunities in American history where people
can get rich. Maybe it will take 2 years for equities to
rise, but there are plenty of renters who will pay your
mortgage as your investment slowly rises.
It is a
buyers market.
It can be overwhelming when looking at
foreclosures. They may be run down, deteriorating, overgrown
and in pretty bad shape.
The average costs to bring
a foreclosure to a rental ready condition can be between
$5,000 and $50,000. If you are lucky enough to find one that
hasn’t been neglected and run down, you will end up paying
more for the purchase price. Many times there will be code
violations that the city requires to be fixed before anyone
can move in. Many times when you are looking to buy a
foreclosure you will find illegal room additions,
non-permitted renovations and general maintenance issues
like leaky plumbing, electrical repairs, paint damage,
Heating or Cooling system damage, carpet and flooring
damage, roofing neglect.
As long as you are smart
about your planning and find a qualified Contractor to
assist you in your assessment, then you should be ok.
In today's tough economy, there are foreclosures
happening every single day. We are living in historic times.
The opportunities are limitless for Real Estate investors
and homeowners alike. Housing prices have dropped 40% just
in one year. We will make it through these tough times and
the smart investors will be the ones with the big bank
accounts in the next five years.
CALDERON CONSTRUCTION CO. has a
fleet of Completely equipped service vehicles ready for most
rehabilitation jobs. Our staff is experienced in all aspects
of construction and home site clean-up. We are confident
that once given the opportunity, you will find us fast,
competitive, reliable and dependable. Give us a call now!
