Month: December 2021

What Makes Buying a Foreclosed Property Risky?

President & CEO at Better Homes and Gardens MCR Bahamas
Carey is recognized as one of The Bahamas’ most respected real estate professionals. He holds the record of selling the largest beachfront property of $21 million (vacant land) in the Bahamas and has also been the Top Producer of real estate transactions in Ocean Club Estates. With over 30 years of sales experience, Carey founded MCR in 2008 and now employs an elite team of 25 highly skilled associates.
Mario Carey

After the 2008 crisis, just under 900,000 families lost their homes to foreclosures, causing the number of foreclosed properties on the real estate market to jump by 81% in just a few months. Since then, the rate of foreclosure starts has been dropping steadily, reaching its all-time low in 2020, when Covid-19 mortgage bailouts helped […]

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