For Sale $1,499,000 - MLS 585687 Located in Key Largo, Key Largo Ocn Shores Florida Keys Real Estate and Homes For Sale.
#Florida keys homes for sale with dockage professional
Located In Plantation Key (Islamorada) next to Tavernier Creek, this concrete home including the roof, boasts all impact glass windows, neutral porcelain tiles, custom wood cabinetry, open concept living with bar, Spa style bathrooms, granite counter tops, stainless appliances, extensive brick pavers, a fully fenced yard with custom aluminum work, professional landscaping, electric retractable sunshade, new outdoor kitchen with chiseled travertine, tiki hut at waters edge, 1 Hr to MIA. Turn Key, completely updated and renovated waterfront home, including all new electrical and plumbing! Ocean side with direct ocean access. Browse Florida Keys short sales, Florida Keys foreclosures, Florida Keys condos, Florida Keys homes, Florida Keys rogo lots, and Florida Keys land for sale.įor Sale $1,194,000 - MLS 580681 Located in Islamorada, Tropical Atlantic ShoresĬalling all families and friends looking for two separate complete living spaces Up and Down! 4 bedrooms and 2 baths, nearly 2,000 square feet of living space. If you want to find your dream home or you require the services of a professional listing agent to get your Florida Keys home sold quickly and for the highest dollar - we invite you to contact us to find out why you should choose our team for all your Florida Keys real estate transactions. Whether you are looking to buy Florida Keys Foreclosures or looking to sell your Florida Keys homes, we hope that one of our Realtors can be your Florida Keys real estate agent. Some Florida Keys Bank Owned REOs can be purchased directly from the lender although it is highly recommended to buy any real estate property through a Florida Keys real estate agent to protect the buyers interest and negotiate the best possible price. It's just the Florida Keys investor, the investor's agent, the bank and the real estate agent who are negotiating the transaction. Florida Keys REO homes are often considered the best way to buy a distressed property because the seller is already out of the picture. Banks end up owning the property when nobody at the public auction bid enough to cover the amount owed against the property. Bank-owned properties are called REOs, meaning real estate owned by the lender. Often lenders will sell repossessed homes for less than the past loan balance. The property was acquired by the lender through a foreclosure action. Florida Keys REOs - Real Estate Ownedīuying a Florida Keys REO is similar to buying a Florida Keys short sale except the property is already owned by the lender. For a buyer who wants to occupy the home, buying a Florida Keys short sale makes financial sense. Sellers don't need to be in default for a short sale to occur. It's a myth that lenders are not going to make a deal with an investor unless the seller has fallen behind on the seller's obligation to make timely mortgage payments. Investors are striking a deal with the existing lender to take less than what the lender has coming to avoid dealing with a foreclosure. Unlike a foreclosure, investors typically buy the home for even less because investors are not paying off the existing loan nor making up the back payments.
Under a short sale, a lender must agree to accept less than the amount that is owed on the property. Florida Keys Short Salesįlorida Keys short sales occurs when a home owner is in foreclosure but before the property goes to public auction.
Real estate investors and home buyers see profit in buying foreclosures because they can often buy the property for the amount owed, picking up the home owner's equity for free. Also the property can be bought in pre-foreclosure during the short sale process. Not all Florida Keys foreclosures that fall into foreclosure go to public sale because owners have the right to make up back payments up to a point, the time which varies from state to state. In the final step of the foreclosure process, the lender tries to auction the property at a public sale. If the Fl Keys home owner does not bring the loan current, the lender will take the property away from the owner. Lenders can foreclose Florida Keys homes for other reasons, but the most common reason lenders file a notice of default is when a borrower is at least two payments behind. Florida Keys Foreclosures are hot properties because the real estate market in the Keys is highly sought after. It means the owner has stopped making mortgage payments and the lender has given notice that unless the payments are brought up to date, it will sell the property to the highest bidder. A Florida Keys foreclosure property is a home in foreclosure, when a notice of default has been filed in the public records.
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