New Castle County, Delaware

There are many innovative real estate investing opportunities in the various cities in New Castle County, Delaware. One such opportunity is to invest in a property that is being foreclosed upon. This can be a great opportunity because you may be able to purchase the property for a fraction of its market value. Another innovative real estate investing opportunity is to invest in a short sale. A short sale occurs when a homeowner owes more on their mortgage than the property is worth and they sell the property for less than what is owed. This can be a great opportunity because you may be able to purchase the property at a discount.

Another innovative real estate investing opportunity is to invest in tax lien certificates. When someone doesn't pay their property taxes, the government will place a lien on the property. If the taxes are not paid, the government can then foreclose on the property. However, before they do this, they will offer tax lien certificates for sale. These certificates can be purchased by investors and if the taxes are paid, the investor will receive all of the back taxes plus interest. This can be a great return on investment if you are able to purchase a tax lien certificate at a discount.

Finally, another innovative real estate investing opportunity is to invest in pre-construction properties. This means that you are purchasing a unit in a building that has not yet been built. The advantage of this is that you can get in on the ground floor and often times these units can be purchased at a discount since there is no existing inventory yet available for sale.

These are just some of the many innovative real estate investing opportunities available in New Castle County, Delaware!