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South Florida - Condo Foreclosures, Residential Foreclosures in Miami Dade and Broward County


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33144,33155
Tony Hammer

Great Opportunity to Buy Foreclosures !

Now is probably the greatest time in the history of Real Estate to buy Foreclosures. The general public needs to be educated about the fact that Foreclosures are relatively easy transactions as opposed to Short Sales or from emotionally driven sellers.  The bank is not in the Real Estate business and has a surplus of

Authored by Tony Hammer | Please Leave A Comment »

Adriana Faerman, P.A.

19501 West Country Club Dr., TURNBERRY ON THE GREEN - INVENTORY REPORT

TURNBERRY ON THE GREEN

19501 W COUNTRY CLUB DR., AVENTURA, FL 33180
Great development on Fairmont’s multimillion dollar Golf Course. Best Views of the Greens, Intracoastal and Water. There are very interesting Bank-owned foreclosures, short sales and motivated sellers in this Pet Friendly development which you can rent. Make your offer, and the bank will respond

Authored by Adriana Faerman | Please Leave A Comment »

Adriana Faerman, P.A.

PARC CENTRAL BANK OWNED UNIT - FORECLOSURES IN AVENTURA, FL

BANK OWNED - FORECLOSURE AT PARC CENTRAL
3300 NE 191 ST, UNIT 1916, AVENTURA, FL 33180 – ASKING PRICE: $130,000

Great condo One Bedroom Convertible, in good condition with the Best Views of the Intracoastal and the Ocean. Bank-owned foreclosure. Make your offer, and the bank will respond promptly. Luxury building with contemporary appointments, infinity pools, concierge,

Authored by Adriana Faerman | Please Leave A Comment »

Tony Hammer

Foreclosure Buying Made Simple !

Foreclosures seem like a big mystery to just about everyone. There’s so much information about Real Estate and other things that most people are totally confused.  We can thank the internet for being invaluable and also supplying us with so much info we don’t know what’s really going on.
I think at times James Bond couldn’t figure out how to buy a Foreclosure.

Authored by Tony Hammer | Please Leave A Comment »

Judy Klahr

Properties for sale in Miami versus London

While the US is suffering from a foreclosure epidemic, I  confirmed that we are not alone.
I went to visit our marketing office in London, Mayfair International.  It is located in a lovely area of London called Mayfair.  I met with the wonderful people working there and we had an interesting time sharing ideas of what is going on

Authored by Judy Klahr | Please Leave A Comment »

Adriana Faerman, P.A.

LET’S TALK FORECLOSURES: NEW FORECLOSURE AT THE VENTURE IN AVENTURA -

BANK OWNED - FORECLOSURE AT THE VENTURE

The Venture in Aventura

2775 NE 187 ST UNIT # 204, AVENTURA, FL 33180 – ASKING PRICE: $234,900

Split floor plan condo, European cabinetry, imported granite counter tops, stainless steel appliances, ready to move in. Bank-owned foreclosure. Make your offer, and the bank will respond promptly. Luxury building with contemporary

Authored by Adriana Faerman | Please Leave A Comment »

Ellen Olsen

Brickell Real Estate Market Update Mar. 2008-Oct. 2008 (Zip Codes 33129, 33130)

Miami Real Estate Update. First Time Buyers it is your time to buy.

Authored by Ellen R. Olsen | Please Leave A Comment »

Zoila Perez Chanquet, P.A.

Property Taxes Miami Dade County & Broward County

Since property tax season is in place and many of us have received our tax bills, I thought it would be the perfect time to educate buyers on the specifics, especially in the market that we are faced with. Many buyers have the idea that their property tax bill is according to what they paid for

Authored by Zoila Perez Chanquet, P.A. | Please Leave A Comment »

Lee Heuer

A True Heroine

In Dallas, Texas, on October 26, a wonderful  thing happened.  In the heat and excitement of a real estate auction where hundreds of foreclosures were being auctioned off, a true modern day heroine bid on a house that saved another person’s future.  The grief stricken owner sat crying as her home was being auctioned and

Authored by Lee Heuer | Please Leave A Comment »

Vivian Toppe

Foreclosures and Pets, What Happens to our Furry Friends?

Among all the problems distressed home owners have to face, a new one has appeared. What do I do with my pet?
After having to make the difficult decision of letting your home go into foreclosure, you might also have to face the fact that your dog or cat can’t come along either. Most people feel their

Authored by Vivian Marie Toppe | Please Leave A Comment »

Foreclosures by City

Foreclosure Frequently Asked Questions

What is a foreclosure?

As defined by WikipediaForeclosure is the legal process in which a bank or other secured creditor sells or repossesses a parcel of real property (immovable property) after the owner has failed to comply with an agreement between the lender and borrower called a "mortgage" or "deed of trust". Commonly, the violation of the mortgage is a default in payment of a promissory note, secured by a lien on the property. When the process is complete, the lender can sell the property and keep the proceeds to pay off its mortgage and any legal costs, and it is typically said that "the lender has foreclosed its mortgage or lien".

Where do I find foreclosed properties?

You can search for all pre-foreclosed and foreclosed properties that are listed in the MLS on EWM’s foreclosure search page

Is buying a foreclosure just like any other property?

The procedure for buying a foreclosure that is listed in the Multiple Listing Service is much the same as any other property. The seller is typically a bank or a third party company that the bank has designated to handle their foreclosures. But here are a few differences you may encounter:

Most foreclosures will require that you close within 30 days. Most foreclosures are sold in as is condition. Property inspections are of particular importance in a foreclosure sale. Many times the previous owner has removed fixtures or left the property in some state of disrepair.

Your offer may take some time to get a response. Since you are dealing with an absentee owner, your offer may take some time to be accepted or counter-offered and the response may be verbal. Some offers may require an approval from a higher source before it can be expected. The best way to proceed in making an offer is to make your contract as straightforward as possible.

Some foreclosures may be done on special contract forms or require special addenda. Ask for samples of these forms when you see the property so that you will be prepared when you make your offer.

Many foreclosures will ask for your financing information prior to accepting the offer.

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