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The Great Foreclosure Crisis has long since passed. Due to the dynamic nature of our real estate market the state of Florida will undoubtedly continue to see a steady stream of distressed properties offered for sale.
Now, working through the economic impact of ther Covid-19 pandemic, another wave of foreclosures seems to be looming, especially at the lower end of the market.
Any listings for foreclosures (REO bank owned homes), short sales and other distressed properties can be found through hitting the buttons on this page.
You'll find our "Hot Buttons" below to be an invaluable resource. These are the most recent Listings for Distressed Property (either REO or Shorts) to appear on the MLS. If you are looking for foreclosures or short sales check back every day or so.
The most recent Listings for Distressed Property on the MLS.
Listed within the last 14 days.
Looking for Foreclosures or Short Sales? Check back often!
The Return of
With Interest Rates Rising, People With
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Properties Listings highlighted on this page offered through an IDX Feed
courtesy of the Greater Fort Lauderdale Realtor Association.
Below are Links to websites 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 most 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 would be well-advised to find a Real Estate Agent who will represent your interests in these transactions. Me, for instance.
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