Real Estate

The Basics

What about great deals on newly created subdivisions?

If you buy a house in a newly built subdivision, the builder could run out of money and not complete the project, leaving the initial buyers with houses in an incomplete area, making them very difficult to sell. Also, newly created subdivisions greatly change the available inventory of houses, making them much more difficult to sell in the short term.



Close

This is a web preview of the "The Handy Investing Answer Book" app. Many features only work on your mobile device. If you like what you see, we hope you will consider buying. Get the App