In many of the metropolitan Phoenix area’s suburbs, there are dilapidated and neglected homes that were hastily built in the infamous real estate bubble. We’ve hardly even recovered from the dot com bubble and now there’s this? What next, right? And while suburbs like Surprise, Peoria, Gilbert, Chandler and Avondale are suffering, there’s still a demand for houses, however small it may be.
And if you do sell it, which is still possible, believe it or not, you can make yourself a very healthy profit. It’s not rocket science – it’s just private mortgage Mortgages. It may be more difficult to do this than it was even five years ago, but it’s not impossible. After all, anything worth doing is worth doing right and hard work usually pays off. Keep that in mind when you’re considering how to keep your real estate business afloat.