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


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33144,33155
Joe Gutierrez

Wilton Manors Foreclosures 305-401-5035

As referred to by locals . . . “Wilton Manors is the Island City.” What a great place and time to buy; foreclosures in Wilton Manors. “Interest rates are at an all time low and now there is an $8,000 tax credit to even sweeten such great deals.”   Single family homes from only $139,000. [...]

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Susan J Penn, PA

Foreclosure 55+ Perfection at “The Palace” 16102 Emerald Estates Dr. , Weston, Florida $220,000.00

This is an  absolutely perfect 2/2/1 foreclosure condominium unit at Weston, Florida’s  55 + community at “The Palace”! The kitchen has top of the line stainless steel appliances with 42 inch maple wood cabinetry and granite counter tops. The ceilings are 10 feet high. The unit has hurricane impact resistant windows There is a seperate room with washer and [...]

Authored by Susan Penn | Please Leave A Comment »

Susan J Penn, PA

South Floridians, “Are You Walking Away From Home Ownership?” Get Results with 2 Experienced Short Sale EWM Realtors!

Are you ready to walk away from a Potential Foreclosure?
Is your home upside Down?
Have you stopped making monthly mortgage payments?
Are you underwater and ready to come up for air?
Do you need some HELP?
Do you live in Broward county, Florida?
Have you decided to work with 2 Credible Experienced Full- Time EWM Realtors who have a history of Approved Short Sales?
Call [...]

Authored by Susan Penn | Please Leave A Comment »

Vicki Restivo

Foreclosure Properties Selling FAST Because of Price – Miami Real Estate

Foreclosures comprise a major portion of the current pool of homes for sale in Miami… over half  the current inventory (and a substantial chunk  of what sold in Miami in 2009).   60% of what we are selling now are actually short sales and foreclosures.   That’s a trend that is  likely to continue.  For the most part – if you are selling in this [...]

Authored by Vicki Restivo | Please Leave A Comment »

Dave Magua, P.A.

Forclosures…Forclosures where ever you turn.

With the continued turmoil in the housing market, it comes as no surprise that foreclosures hit a new record high in 2009. According to RealtyTrac’s year-end market report, 3,957,643 foreclosure filings – including default notices, scheduled foreclosure auctions, and bank repossessions – were reported on 2,824,674 U.S. properties last year. That’s a 21 percent increase [...]

Authored by Dave Magua, P.A. | Please Leave A Comment »

Susan J Penn, PA

Short Sale US Treasury Help for South Florida Homeowners! 2 EWM Experiences Short Sale Realtors, Susan Penn, PA & Dave, Magua, PA servicing homeowners!

Are you ready to short sale your home?
Do you owe more than your home is worth?
Are you underwater?
Are you on the verge of foreclosure?
Are you ready for the New Treasury guidelines?
Are you ready to have your lender forgive your difference on what you owe on your mortgage and what your [...]

Authored by Susan Penn | Please Leave A Comment »

Susan J Penn, PA

Beautiful Updated Foreclosure 3/2/1 Town Home with Garage 16333 SW 47 Court, Miramar, Fl $189,900!

3 Bedrooms
2 Bathrooms
1 Half Bathroom
1 Car Garage
Many Upgrades
Tile Flooring
Carpet
Pavered Driveway
Foreclosure Property with quick closing
Move-in condition
View of Preserve

 
 
 
 
 
 
 
Call Susan Penn, EWM Realtor 954-557-5993 for showings!
Terrific Miramar Foreclosure in Riviera Isles- Regalo!

Authored by Susan Penn | Please Leave A Comment »

Susan J Penn, PA

South Florida Buyers, Be on the lookout for 2010 Foreclosures, Foreclosures, FORECLOSURES!!!!

Are you ready…..
Get Set…
Go…..
Yes, The Foreclosures are coming!!!!
We are listing them on a daily basis….
All types, all prices, all sizes……
Read Susan Penn’s blogs for current updates on FORECLOSURES!
Please, be ready by being pre-approved. It’s easy to provide you with a mortgage consultant!
Call Susan Penn, PA, EWM Realtor for updates and showings at 954-559-5993.
Servicing: Coral Springs [...]

Authored by Susan Penn | Please Leave A Comment »

Susan J Penn, PA

Holiday Seller’s Short Sale Wish List will be Solved Using 2 Short Sale Professional Experienced Realtors!

What does the Short Sale Seller Wish For?
Control, yes control!  The seller will  list their home, meet and know their buyer, and become clearly familarized with all of the steps taken with the short sale process and close.
Sellers have lost thir jobs, recently divorced, suffered insolvency…..
If a seller has taken an alternative route,  passage into a foreclosure, the seller has [...]

Authored by Susan Penn | Please Leave A Comment »

Carlos Ruiz de Quevedo, AIA

Real Estate – A strategy for buying foreclosures.

I have been selling foreclosed  properties for about two years and this year we have transacted about 50 properties. In transacting that many properties, I’ve seen strategies that work and others that don’t. Many young and low income families who can now afford these properties often lose to investors with cash. So is there a strategy that can improve their [...]

Authored by Carlos Ruiz de Quevedo, AIA | 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.

Read more....