Cabo San Lucas
We often get questions like "What is the real estate situation in Cabo?" or "What's happening with real estate in Baja?", and we can only tell you one thing: it's never been better! In today's buyer market, you can buy properties, ocean view homes, beach front homes, condos, cabañas, commercial lots, development properties, custom home sites, and so on with a discount of 25-40% in comparison to the Los Cabos real estate market of couple of years ago. Having said this the large adjustments have occurred and it's fueling a revival of the market. The great deals are being picked off quickly with multiple offers coming in on properties priced at substantial discounts.
Who better to guide you through this process than a trusted Coldwell Banker agent with a finely honed network of local knowledge? Coldwell Banker Riveras is the right choice for you, just ask any of our past clients!
Today is an outstanding time to buy a home in Cabo and Baja — distressed property or not. Prices are down everywhere, interest rates are historically low, and there are many real estate bargains to be found.
Distressed real estate usually refers to homes that are in danger of going into foreclosure or are going to be put on sale because the homeowner defaulted on his mortgage payments. A property is considered to be a distressed home when a homeowner is behind in his or her mortgage payments or tax payments or when its listed or available sale price is well bellow market.
If you are in search of an affordable home for your next residence, look into a distressed property. Distressed homes and home sites are usually sold for prices much lower than their actual market value, as low as 40-60% of their real market value. Coldwell Banker Riveras is a distressed property expert and we are the best option to help you discover these gems which are priced aggressively and represent excellent value.
Coldwell Banker Riveras real estate professionals have been trained in working with foreclosures, short sales and properties requiring special management. We can guide you through the process and help you locate and purchase just the right home for you.
See available distressed properties or contact us for more information to info@cbriveras.com.
