Great Type and Concept Real Estate Investment Properties Many investors are offering creative finance strategies to attract buyers who cannot qualify for bank financing. Popular financing options include lease purchase option agreements and seller carry back mortgages. Commercial real estate includes a wide mix of properties such as condominium and apartment complexes, retail shops, warehouses, and office buildings. Investors often partner with other investors or investment groups when purchasing commercial property in order to cover the costs and management duties required to maintain investment properties. Commercial property has the potential to generate substantial profits as long as investors evaluate market conditions. Investors may be entitled to tax incentives when commercial investments bring employment opportunities to the area or when properties are upgraded using energy-efficient technology such as solar panels or other forms of green energy. Investors often seek out bank owned foreclosure properties because this type of realty is usually priced well below market value. Bank owned realty encompasses all types of properties and can range from mobile homes to swanky high-rise apartments and industrial parks to golf courses.
Locating residential and commercial foreclosures is relatively simple. Using the services of a realtor can expedite the process. Agents can access the multiple listings (MLS) database to quickly locate all types of properties for sales Once banks repossess properties they are first placed for sale through public or government auctions. The property is given back to the bank if it goes unsold at auction. Banks then sell foreclosure properties through their loss mitigation division or local realtors.