Most 'new' communities were hit hard with Foreclosures since 2007 and many Home Values are still 'upside down´. Almost all Listed properties for sale that were purchased from 2005 to 2007 are worth less today and are now offered as 'Short Sales' to buyers. The term Short Sale means the Seller negotiates a sale with their Bank´s approval to accept less than the Mortgage amount owed. Some properties are now on offer whereby Sellers are advertising their properties at discounts of up to 50% less than what they paid a few years ago.
Although the most upscale Florida Communities such as Celebration, Lake Butler Sound, Bay Hill and Windermere have weathered the storm quite well, we are still seeing incredible price reductions particularly in the Luxury Market where some $2 Million Homes are now on offer for as low as $1.3M.
Mid Priced Homes that were once valued at $700k in 2005 are now offered from $500k+. Small Condos in Celebration, ChampionsGate and Orlando have dropped to the sub $100k range and buyers are now coming forward with strong cash offers. Although Short Sales can take several months for the Banks to process and grant full approval and Close, many buyers and Investors are prepared to wait in order to buy their new home or Investment at a good discount.
We can show you all genuine deals and advise you if the Listed price is below or above market value. If you need financing to make a purchase, you must first be fully pre qualified by a Lender before presenting an offer - we can help ensure your Loan meets approval with our experienced Mortgage Brokers. All Cash offers must be backed up with 'Proof of Funds' in the form of a Bank Statement or similar proof.
When a Homeowner stops making their mortgage payments for a given period and a Short Sale is not negotiated in time, the home can eventually be Foreclosed on by the Lender and is then typically offered for sale as a Bank Owned Property (REO).
Foreclosed properties offered by Banks are sought after deals as the Banks do not want to hold onto properties for long and can make much quicker decisions in accepting an offer as compared to a Short Sale offer. Since the turnaround last year, almost all Bank Owned Properties are experiencing immediate offers or 'Multiple Bids' by interested buyers who make offers in the first two weeks of being Listed. The Banks use this renewed interest as leverage and seek to achieve the 'highest and best offer' by allowing all the interested buyers to outbid each other.
Let us guide you through the many choices available and ensure you are fully informed regarding all Short Sale Pre Foreclosure Homes or Bank Owned Properties.
Our office also specializes in the Listing of Complicated Short Sales and have been instrumental in helping many 'upside down' sellers to be free of their debt and all the stress associated with a Genuine Hardship and inability to continue making monthly mortgage payments. We have successfully processed dozens of Short Sale Listed Homes resulting in full Approvals and in most instances the Sellers were granted a full waiver of all deficiencies by their Bank.
We work directly with all parties in every Short Sale and Bank Owned property from the Seller to the Buyer, Title Agent, Loss Mitigation Department, Bank Negotiator, Attorneys and Home Owner Associations. Ask us before Listing your home if you qualify for a Short Sale and the scope of work involved and timeframes – we have worked with all Major Lenders from Bank of America to Suntrust Bank, Chase, Wells Fargo, Fifth Third Bank, NationStar, Regions Bank and many Independent Banks throughout the US.
Auction Property. This one won't last long! 4 Bedroom / 3.5 Bathroom / 3 Car Garage home located in the serene community of Cedar Grove at The Woodlands. This massive 2 s...
This 3 Bedroom 2.5 Bath home offers a spacious living room and formal dining room great for entertaining. Large kitchen that includes lots of cabinets and counter space....
This spacious 3 bedroom/2 bathroom property is 1,719 square feet on a 9,843 square foot lot!!! Inside, the formal living & dining rooms are welcoming with a bay window. ...
Diamond in the rough! Fantastic opportunity in popular Lake Sarasota - a 3 bedroom, 2 bath POOL HOME ready for your vision. Great open floor plan, with vaulted ceilings i...
Auction Property. This home is located close to all shopping and amenities Tampa Bay has to offer. With a little TLC this will make a fantastic space for anyone. "Th...
Auction Property. REO Occupied - the seller does not represent or guarantee occupancy status. NO VIEWINGS of this property- no Interior photos. Please DO NOT DISTURB the ...
Welcome to 1951 Big Buck, a 4-bedroom, 2-bathroom, single family home located in beautiful St. Cloud. The Florida design features combined with open spaces & natural ligh...
NEW ROOF, HVAC, INTERIOR PAINT, FLOORING, APPLIANCES, UPDATED BATHS. Charming Key West home on Cul-De-Sac near the end of a tree lined street. French doors greet you to ...
Such great potential with this spacious, open 3 bed/2 bath home on a beautiful lot in Clermont! You will love the sunny living room, darling eat-in kitchen with lots of ...
Opportunity knocks! Large. newer 3 bedroom, 2 bathroom home situated on a quite, wooded lot in Brooksville. Room for all the out door toys and gear with a huge 4.6 acre c...
READY TO HAVE YOU PUT YOUR DREAM HOME TOGETHER. THIS IS THE TOWNHOUSE FOR YOU!!!!! CROWN MOLDINGS, PLANTATION SHUTTERS THROUGHOUT, CALIFORNIA STYLE CLOSETS, PRIVATE BRI...
Opportunity Knocks!! Live on Hillsborough County's largest natural lake, 839 Acre Lake Thonotosassa!! The home has a rural country feel yet is surrounded by multi-million...
MOVE IN READY FOR A NEW OWNER,THE HOME IS LIGHT AND BRIGHT , UPDATED WITH GREAT APPLIANCES, ALONG WITH NEWER PAINT THE COMMUNITY OF KEENS POINTE OFFERS MANY AMENTIES. TH...
One or more photo(s) has been virtually staged. ***See attachments! Awesome opportunity to own this beautiful home sitting on 10 acres with lots of Oak trees. The main ho...
If you are looking for some peace and quiet out in the country, well here it is!! This country home has 2.44 acres zoned AR which permits agricultural use and livestock. ...
Across the street from powder soft sands & the azure tides the Gulf, paradise has been found!... it doesn't get any better than this! Capture this island retreat today an...
You will not be disappointed by this large, renovated 2 bedroom, 2 bathroom, 2 car garage POOL home situated on an oversized (nearly 1/2 acre) lot in a quiet Spring Hill ...
Auction Property. REO Occupied – NO ACCESS OR VIEWINGS of this property. Please DO NOT DISTURB the occupant. Investment opportunity this home offers 3 bedrooms and 2 ba...
Auction Property. REO Occupied – NO ACCESS OR VIEWINGS of this property. Please DO NOT DISTURB the occupant. 3 bedrooms and 2 baths, "As is" cash only sale with no contin...
One or more photo(s) has been virtually staged. Country Club Estates Gem! They just don’t come along very often in the very sought-after Country Club subdivision, so you ...
Spacious 3 bedroom/2.5 bathroom home in Imperial Lakes subdivision. The interior features large living areas, a formal dining room, bonus room, and an updated kitchen wit...
Stunning 8 bedroom 5 bathroom home in the most sought-after short-term rental community. So many options: use it as your primary residence, vacation home, or money-making...
This spacious split plan includes 3 bed, 2 bath, and a 2 car attached garage. Adding to this beauty are vaulted ceilings, real wood cabinets, wood blinds and rounded dry...
Auction Property. Rarely available oversized 2-bedroom, 2-bathroom, 2 story layout condo in Wildewood Springs is now available. Kitchen, living room and an enclosed and a...
Spacious 4/2 with 1837 SF and 2 car garage. Split BR plan, large living room, all appliances in kitchen. Very nice covered back patio. Only 5 minutes to shopping, banks, ...
Auction Property. Affordable spacious 3 bed, 3 bath home will need your updates. This will be well worth the effort and offers spacious living room with fireplace, eat-in...
Waterford Crossing! This amazing pool home is located on over a quarter of an acre lot in the heart of Palm Harbor. The home features a bright gathering room with a cozy ...
Come see this amazing unit in the sought after SODO area in Lake Pineloch Village! Amazing second floor views overlooking the pool. Gated with a 24- hour security guard, ...
Pre-Construction. To be built. Investors Dream! Owner is giving others an opportunity to purchase and complete your dream home! Plans approved Architected AND engineer...
Charming bungalow located in the heart of Winter Springs. An open concept living space invites you into the living & dining room with high vaulted ceilings and sun filled...
MULITPLE OFFERS RECEIVED, HIGHEST AND BEST OFFER DUE BY 2 PM, TUESDAY 5/24/2022. This is a Bank owned property located in a great neighborhood***3 bed 2 bath, 2 car attac...
Auction Property. This Westwood Lakes pool home is waiting for you to make it your home! 4 bedrooms, 2 full bath features a living room, dining area, laundry room, hardwo...
Gorgeous home that features 3 bedrooms and 2.5 bathrooms. Featuring spacious kitchen, laminate tile and floors, kitchen and bathrooms granite countertops! Conveniently lo...
The Previously Accepted Offer Did Not Proceed Due to their own unacceptable terms*** Investor Alert!! This diamond in the rough is just what you are looking for. The home...
Auction Property. Welcome to 14515 Cedar Branch, an impressive contemporary-styled 4BR, 2.5 BA two-story home, boasting a spacious two-car garage and just under 3,000 squ...
Auction Property. 3 Bed / 3 Bath Luxury High Rise condo offers 2,594 SqFt of living space and is located in the serene, gated community of The Oaks Preserve. The Condos i...
* * WOW * * This home checks all the boxes ! ! ! Home is located on a HUGE and we mean HUGE .29 acre pie shaped lot. Home is pushed towards front of lot which makes the...
Plant City POOL home on almost ¾ of an acre ~ No HOA or CDD!! This 2943 square foot home has a lot of potential with 5 bedrooms, 3 bathrooms, 3 car detached garage and 2 ...
PRICE REDUCTION! Don't miss your opportunity to live in this beautiful vintage home that features a new roof, 2 new HVAC, carpet and more. The first floor is all about t...
Incredible once in a lifetime property and home in Live Oak, FL that is ready for you & your animals! ! ALL the commonly requested land features: Creeks, ponds, long roll...
Nice 4 bedroom, 3 bathroom home with an additional room that could be made into a 5th bedroom or used as a den/office. Spacious covered patio. Tile throughout kitchen ...
Over 7.5 Acres, Tucked Away- READY TO BUILD! This Opportunity Will Not Last Long! Check Out This Prime Location Near Several Upcoming Communities, I-75 And Amazon Fulfill...
This stunning 3 Bd, 2 Bath ranch home has a magnificent open floor plan and split bedrooms. From Vaulted Ceilings, Updated Master Bath and ceiling fans galore, you will ...