“We are experts in the Baltimore County real estate market.” Todd Sachs says.
Baltimore, MD (PRWEB) September 22, 2015
Investor, contractor, Realtor – Todd Sachs has formed a team of Maryland licensed Realtors known as the Sachs Group of Berkshire Hathaway HSHS Realty to help investors capitalize on distressed properties.
Foreclosures are a major problem in this state. Mid September statistics in Baltimore County alone show almost 200 potential short sales (homes for sale for less than mortgage owed) and over 400 bank owned properties with more hitting the market every week.
“The properties our investors are buying are mostly distressed,” says Sachs, “and investing in them doesn’t just profit the investor.” Buying distressed housing can also help banks recover monies owed to them which can also help the debtor in many cases get out from under a burdening mortgage. Plus, the rehabilitation of such houses helps to revitalize neighborhoods.
Most distressed properties need improvements to attract retail buyers. The Sachs Group helps investors select, purchase and begin the renovation process. There is a shortage of live in ready properties, so when these distressed properties are rehabbed by investor cash, they sell very quickly. This type of transaction helps investors make returns on their cash that other investment avenues aren’t providing.
Baltimore County real estate has consistently increased in value and ongoing revitalization projects in the county offer tremendous opportunities for investors of distressed properties. “There is a lot of redevelopment taking place in Baltimore County surrounded by Beltway 695 with access to Interstate 95, 83, the Capital Beltway and Baltimore Washington International Airport. We spend time in the zoning office in Baltimore County listening to what is being proposed and developed throughout the neighborhoods. This helps up to better serve our investor client.”
The Sachs Group Realtors is exclusively for the real estate investor and works solely in the Baltimore County market. Group leader Todd Sachs says, “We are experts in the Baltimore County real estate market.”