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Contact Information
Olena M. Keene
First National Realty
6423 Summer Gale Dr
Memphis, TN, 38134
Office: 901-277-5324
Cell: 901-277-5324
Fax: 901-531-8084
Lic. #: 00289295
buying homes below market | Print |

Can you buy Memphis area homes below market value?

While a typical buyer may look at five to 10 homes before making an offer, an investor who makes bargain buys usually goes through many more. Most experts agree it takes a lot of determination to find a real "bargain."

There are a number of ways to buy a bargain property in the Memphis market:
*Buy a fixer-upper in a transitional neighborhood, improve it and keep it or resell at a higher price.
* Buy a foreclosure property (after doing your research carefully).
* Buy a house due to be torn down and move it to a new lot.
* Buy a partial interest in a piece of real estate, such as part of a tenants-in-common partnership.
* Buy a leftover house in a new-home development.

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Last Updated ( Thursday, 04 September 2008 )
 
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