Foreclosures - Homes Condos Lots Real Estate and Bank Owned REO Foreclosure Sales in Florida.

KNOW FORECLOSURE TERMS

The 2008 and 2009 Southwest Florida foreclosures will rise due to the number of properties currently in Pre-foreclosure. Beware of Short Sales that are not bank approved.

PRE-FORECLOSURE (NOD -LIS) - This process is where the lender has filed foreclosure proceedings against the property. This is where you can buy from the owner/borrower and they are sometimes listed as a Short Sale. (A short sale is when the owner sells for less than the mortgage and makes up the difference) Most owners in this situation list their property and hope to get lucky and find a buyer but do not have the money to make up the difference of what they owe or the amount short of the mortgage. However, you must still have the lenders approval and it is difficult at best to make this happen in a timely manner. Not recommended

AUCTION (NTS - NFS) - If the property goes to auction then many times it is done on the courtyard steps. Buyers are often times required to pay cash and do not have a lot of time to research the title and conditions of the property. However purchasing Auction property can have financial benefits and you do not have to deal with the owner like in a Pre-Foreclosure.

BANK OWNED (REO) - This happens when the bank takes ownership from the borrower/owner by written agreement and puts a value on the property then offers it for sale. This is where you can pick up Great Values as in the current market Banks are overloaded with properties.

Call us today and let us assist you in purchasing a Foreclosure in Southwest Florida.

Price

Type

Beds / Baths

Footage

$12,000,000

Land Acreage

0/0

... More .

$5,500,000

Single Family

2/2½

3972

... More .

$4,950,000

Single Family

4/4½

... More .

$4,950,000

Townhouse

4/4½

3183

This listing is for a total of 9 gorgeous villa homes (list attached)with 4 bedrooms, 4 baths & 2 half baths located in the fabulous gated waterfront community of River Reach Estates in Bonita Springs, Florida. The pictures attached are of one of the units (the address reflected on the listing). Located directly across the ... More .

$3,300,000

Commercial

0/0

34 Room Mariners Lodge & Marina on 1.5 acres of land-total, including 0.38 acres submerged land with Occupational License in place. Offering also includes pool and 12 boat slips. Future Waterfront Redevelopment Opportunity in Fort Myers Beach area. Property is being sold As Is. It is located 0.5 mile south of Summerlin Rd, a ... More .

$2,800,000

Land Acreage

0/0

LARGE COMMERCIAL SITE ON MAJOR CORRIDOR IN CAPE CORAL, FL. ... More .

$2,594,999

Single Family

4/4½

7420

BANK OWNED �VILLA SEDO� A MAGNIFICENT ESTATE HOME ON 1.20 ACRES WITH GOLF/LAKE VIEWS. UPGRADED LIKE NO OTHER ESTATE IN Q.W. CUSTOM BUILT BY MCGARVEY HOME. NEARLY 7500 S.F 4/5 BED 8/9 CAR GARAGE. TROPICAL LANDSCAPING WITH KOI PONDS, EXTENSIVE USE OF MARBLE, GRANITES, HARDWOODS, STONE WORK LIKE NO OTHER. ONE OF A KIND ESTATE ... More .

$2,500,000

Single Family

4/5

3589

FORECLOSURE! BRING ALL OFFERS. Custom built, Mediterranean style, waterfront home on canal with Gulf-access. Home is filled with custom details including Hickory flooring, faux painting, negative edge pool with spa and waterfall, outdoor kitchen, outdoor fireplace, custom cherry banister handrails and staircase, fireplace in ... More .

$2,235,000

Land Acreage

0/0

L.1082 - Ideal for commercial site. Level property. Clear, construction ready. Aerial photo available, Environmental report and survey map. ... More .

$2,200,000

Commercial Lot

0/0

Bank Owned...Truly a nice piece of land. Part of the coconut point area 3 tract 3C. Located on the corner of us41 and Pelican Colony blvd. Lot is cleared and ready to build. Frontage on us41 is lined with beautiful palms and landscaping. ... More .