Jim Esposito Agent Shot

Jim Esposito

Galleria International Realty

(954) 336-3776

Find Greats Deals on

Bank Owned REO & Short Sale


Foreclosure Listings

 

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Foreclosure Central

You will find a number of excellent resources on this page. Few Agents in South Florida are as well versed in Distressed Property on the East Side of Broward County. Updating my Free Foreclosure Lists (below) I go through these every week, pick out a few which look especially good. Featured Listings with the picture ads are hand-picked. And they SELL. You see them on this page they represent good value. Check back often.
     Foreclosure Inventory has been declining steadily. Some say there's a new wave of Foreclosures looming on the horizon. That's crap. The fabled "shadow inventory" these so-called "Experts" cite is down significantly. (See adjoing chart.) Besides, now the Banks must foreclose legally they will never be able to release waves of REOs. Others think this will motivate the Banks to be more amenable to selling Distressed Properties as Short Sales. In my experience, however, this is still attributing far too much intelligence and competence to these morons. Let's not forget how we got into this mess to begin with.

Foreclosures Decline
Foreclosures Decline

Click On to See Article, Larger Chart

Listings Posted on This Page = 129

(Since 6-1-2011, including the 4 Listings currently appearing)

Closed Sales = 109
Under Contract = 11


Distressed Property


ONE CLICK FORECLOSURE LISTINGS

Condos & Townhomes

 

NE Broward

 

All Broward

Single Family

 

NE Broward

 

All Broward



OCEANFRONT CONDO
1 Bedroom in Lauderdale By The Sea
Sold for $337,000 in 2005

 



EAST OF INTRACOASTAL
Foreclosure Townhome
Investor Special! OK 2 Lease Immediately!

 



VICTORIA PARK
Updated Townhome
Great Location, Corner Unit

 



LIGHTHOUSE POINT FORECLOSURE
Single Family Pool Home
Sold for $459,000 in 2005

 



Ultra-Rare Luxury Foreclosure
Las Olas Beach Club
Ocean View, 12 Ft. Ceilings

 



S.E. FORT LAUDERDALE
2/2 Waterfront Condo
Distressed Sale, Approved Price

 





FREE FORECLOSURE LISTS

Below are comprehensive Lists of current Foreclosure properties in Broward County directly off the MLS, all REO Listings within stated geographic area. They are not new REOs. To receive notifications of new Listings please see "Automatic Updates" below. We present these Lists Free of any obligation. You do not have to register, give us any personal information. Simply click on the Link. It will open a pdf you can save or print on your computer. We offer one set of lists for Condos, another for Single Family Homes. These are Bank-Owned REOs, no Short Sales. We update them weekly, every Friday. If you are interested in making an offer on any of these properties, feel free to give me a call.

CONDOS

SINGLE FAMILY

The Beach

East of Intracoastal

The Beach

East of Intracoastal

NE Broward

East of Dixie Hwy.

NE Broward

East of Dixie Hwy.

All Broward

The Whole County

All Broward

The Whole County



APPROVED SHORTS

Short Sales are generally excruciating. If there's one thing we've learned it's the Banks aren't much smarter at digging themselves out of this mess they created than they were digging themselves into it. However as this "Wild West" of a Real Estate Market continues to mutate we have seen the emergence of a new class of properties  – the "Approved" Short Sale. Somebody made an offer on these places, but walked while the Bank dithered. Now the Lender has approved a price these deals could go quick. Approved Shorts bear watching. People making offers on these properties are usually low-balling. Lenders might've countered, but there's a good chance these represent some pretty good deals.

CONDOS

SINGLE FAMILY

The Beach

East of Intracoastal

The Beach

East of Intracoastal

NE Broward

East of Dixie Hwy.

NE Broward

East of Dixie Hwy.

All Broward

The Whole County

All Broward

The Whole County




EAST BOCA RATON

There are some very nice neighborhoods on the East Side of Boca Raton. First developed through the 60s and 70s you might find the pricing more reasonable than you would presume. For those who might appreciate the Boca Raton lifestyle we now publish Lists of Foreclosures and Approved Short Sales in both Condos and Single Family for East Boca.

CONDOS

SINGLE FAMILY

Foreclosures

East Boca

Foreclosures

East Boca

Approved Shorts

East Boca

Approved Shorts

East Boca



FORECLOSURE SURVIVAL GUIDE


How To Buy Foreclosures

12 Things You've Got To Know

A lot of attention, in many cases too much attention, in today's market is focused upon Foreclosures, also known as REOs (Real Estate Owned). Many people believe in the old adage: "One man's trash is another man's treasure." There are, however, several other old sayings you would be wise to live by. "When something sounds too good to be true, it usually is." The other is: "Buyer beware."

True, you can find some good deals in REOs, and they might make more sense for certain investors, however we would not limit yourself to shopping Foreclosures. Buyers should not overlook regular old-fashioned sales. If a homeowner needs to sell his house they cannot List it appreciably higher than the Foreclosure or Short Sale next door, on his block, in his neighborhood.

To compete successfully in the Foreclosure market you must understand the way things work, follow methods which are at this point established. Here's a few things you should know, be prepared for:

1.) Remember Foreclosures by definition represent a home someone has walked away from. This is not an overnight process. It took months, probably over a year to get these people out. They...  (continued)




RECEIVE WEEKLY UPDATES

We will be more than happy to email you Free Automatic MLS Updates Weekly. Call or Email us at the address below. Give us your basic parameters:

  • Condo or Single Family

  • How Many Bedrooms / Baths

  • City or Geographic Area

  • Price Range

  • Other Details: Waterfront, Ocean View, Golf Community, etc.

Email us your name, a working telephone number and a valid email address. Please be aware that if your parameters are too broad it will generate a large number of results and we reserve the editorial right to limit parameters in that case. Your personal information will be for our use only. We will not sell or give your personal information to anybody. You will receive updates once a week for 90 days.


Here Are Some Great Sites to

Search Foreclosures


FORECLOSURE WEBSITES

Below are Links to web pages where Banks and Lenders List their REO Properties. You may see Real Estate Agents Listed for Contact Information. These are not "Listing Agents" in the traditional sense. They receive a small Commission from the Bank for filling out paperwork, putting a Lock Box on the property. They do not show the property. In some cases they don't even negotiate Offers, which are submitted over the Internet. As a result, these Agents often care little about individual deals, seldom return messages, are non-responsive to a Buyer's questions and concerns. If you are interested in Foreclosures you might be well-advised to find a Real Estate Agent who will represent your interests in these transactions. Me, for instance.

Bank of America

BB&T

Chase

Citibank

GMAC

SunTrust

Wachovia

Wells Fargo

First Preston

Fannie Mae / Homepath

FDIC

Freddie Mac / HomeSteps

H.U.D. (NHMSI)

U.S. Government

American Home Mortgage

Compass Bank

HSBC

IAS / Bank Home Hub

IndyMac Bank

Keystone Asset Mgmt.

M&T Bank

PNC

Regions Bank

US Bank




Jim Esposito

Galleria International Realty

DISTRESSED PROPERTY EXPERT

(954) 785-8558 Office
(954) 336-3776 Mobile


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FREE!
FORECLOSURE
LISTINGS!

Updated Weekly!


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12 Things
You've Got
To Know
Before Buying Foreclosures


Click Here!


Read Our Exclusive
& Informative Guide

How To Buy
Foreclosures


APPROVED
SHORT SALES


The Next Best Thing
to Foreclosures

In Some Ways
Perhaps Even Better


A whole new class of
Distressed Property

And they are

Ready To Go!

 

Free Lists

Click Here!


 
 
 
 
 
 
 

945 East Las Olas Boulevard
Fort Lauderdale, Florida 33301

Jim Esposito

LIGHTHOUSE POINT REALTOR

(954) 785-8558 Office
(954) 336-3776 Mobile


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