Florida Foreclosure

Florida Foreclosure: Record REO’s Means More Bargain Homes

April 18, 20111 min read

Florida - More Homes in Foreclosure. In the second quarter of 2010 lenders foreclosed a record number on more than  500,000 properties.

Florida was ranked second with almost 55,000 homes. The majority of foreclosed properties was shown in South Florida.  While North Florida seems not to been hit as hard but still bank owned properties rule the market. What does it mean for you?

More bank owned properties with deep discount prices has an impact as well on short sales, pre-foreclosure and regular home sale prices. This means for you more properties to BARGAIN Prices.  We have not only access to those listed properties for sale on the market, but many are not yet listed – giving you the opportunity to make an offer before other buyers and investors know of them. Our established Network can give you access to does Florida properties listed and not listed.

With daily new updates we can give you the most opportunities to buy your next property below market value!

Get the best deals on the market here!

April 18, 2011

 

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Annett T. Block/ Florida Connects

Annett T. Block Real Estate Broker of Florida Connects

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Florida Connects considers the South Florida real estate market as a potential "safe haven" for investors due to its historical market resilience and continued demand. However, it is important for all potential real estate buyer, seller and investors to understand that "safe haven" does not imply a guarantee of investment protection or immunity from losses. Real estate markets can be influenced by a variety of factors including economic shifts, changes in tax laws, and natural events which can affect property values and market dynamics. We advise all potential prospects, customer, clients to conduct thorough due diligence and consider obtaining professional advice tailored to your individual financial circumstances before making any real estate buying, selling or investment decision.


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