when business bankcrupt then it will affect the consumer purchasing power, and then the investor not invest the amount in real estate it is true???
Personal bankruptcy affect property agents. For example, listing agents are typically hurt when their short benefit sellers file for bankruptcy. It is now common for a consumer's agent to discover that a builder/seller has registered bankruptcy. Actual Property agents need to have a basic understanding of some features of bankruptcy law to direct their clients and, perhaps more importantly, to make choices for themselves about how to save lots of their time and other resources.
when business bankcrupt then it will affect the consumer purchasing power, and then the investor not invest the amount in real estate it is true???
This:
On top of this?
Seems as if we have two mentally bankrupt in this thread. Perhaps not "registered", but prime candidates.
The bankruptcy filing of one business can produce a negative ripple effect touching every company that does business with the debtor specifically small businesses.