BE CAREFUL WITH FIRE SALES
Looking at the words “Fire Sale” has become very common due to the present conditions of the real estate market. In most markets properties have experienced drastic discounts but not every “Fire Sale” represents a wise investment opportunity. Buying a luxury home or a million dollar home is not only an act to fulfill a need, but represents a very important investment in itself. As experts in the luxury real estate market of Costa Rica, we have seeing the words “Fire Sale” been used to call the attention of the visitor to different web pages of multiple real estate companies websites, but buyers have to be very careful about this eye catching practice, as it can lead to big disappointments. Price is not everything to look for in a “Fire Sale”, there is much more than Price to evaluate, before making a decision or even considering the viewing of a property in that condition. Three very important aspects to evaluate when looking at a “Fire Sale”. The first one is “Location”. When i...