Distressed/Fixer-Upper Property List and Information for Flip/Distressed Investors
Normally flip investors are looking for deals on Foreclosures and Short Sales. Although this area still has some of these, many opportunities come from other sources. The most important source is the death of a member of an older household. This market area has a average age much higher than the rest of the USA because it is an important retirement destination. As a result, many times with such houses, maintenance has been deferred and the decoration is out of date when survivors put the house up for sale. The sellers are often living out of state and just want to get the house sold as soon as possible. This is an interesting opportunity for flippers because such houses normally don't have important structural issues.