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Foreclosure Investing and Foreclosure Auctions

The foreclosure process consists of 3 stages: Pre-foreclosure, foreclosure auction, and sale of bank owned properties (REO). Each stage in the foreclosure process in Florida can become very profitable when you understand it and use creative real estate investing techniques. We know how to successfully find foreclosed condos or homes foreclosures in each stage across of South and Central Florida and how to profit from each deal. The greatest part about our real estate investment strategies is that they can be used for Florida residential properties as well as for commercial.

Florida Exclusive Realty provides our customers with an easy-to-use online database of available bank owned homes. Searching for bank foreclosures properties available for sale through South Florida MLS on our website makes it simple for you to find amazing deals on investment properties or new homes in Greater Miami or Fort Lauderdale Metro.

Pre-Foreclosures with Short Sales in Florida

Investing in Florida pre-foreclosures with short sales has never been better. Short sales allow the real estate investor to discount the loan from the lender. We are sure that we can find you rewarding short sale deals in South and Central Florida and negotiate on your behalf; however, it could take weeks, or sometimes months, to go through the bank approval process and buy a property.

Real estate investors don’t need to have full amount of the purchase price available in cash and can obtain a loan to finance the Florida property purchased through short sale. We are also able to assist our clients with real estate financing from financial institutions and private lenders through our partner Mortgage Lender.

Foreclosure Auctions

The real estate auction or foreclosure auction can be a very rewarding place for those who selected attractive Florida condos or homes and did due diligence process for these foreclosure properties in advance. There are huge investment opportunities with big discounts. When buying foreclosures at the real estate auction, it's also critical to know the steps involved and we have excellent experience in this area.

In order to buy property at an auction, an investor must have the full amount of bidding price available on the same day. A portion of the cost must be deposited with a court at time of bid acceptance and the balance due must be paid before of the end of the same day.

Florida Bank Owned Properties or Real Estate Owned (REO)

Buying Bank Owned Properties commonly called REOs or real estate owned is one of the most common foreclosure investment practices today. REOs are homes or condo units that have gone through the foreclosure auction become a bank owned property or bank foreclosure because they did not receive any bid offers at the auction. We have a constantly updated REO database of Miami and Fort Lauderdale foreclosure listings of bank owned properties and can find a property according to our clients’ investment requirements.

Real Estate Investing Laws

The real estate laws and taxation are different and changing. It's important when you investing in Florida real estate foreclosures to understand the real estate taxes, laws and procedures. Our knowledgeable and specializing in this area of law attorneys and CPAs will help you with investment in foreclosure property buying decisions.

If you are a real estate investor or buyer looking for foreclosed properties in South and Central Florida, fill out the contact form or give us a call at 1.305.542.1531 now for more information about exciting real estate investment opportunities in Florida and one of our Realtors will be at your assistance. You can always request a call-back. Just leave your phone number and we will call at your convenience!