Foreclosure Homes For Sale
Check Out the Latest Foreclosures
Here is a link from the Realtor Magazine for January 2022 on Foreclosures
Foreclosures should have been arriving due to the circumstances surrounding the crisis of Covid-19 and the high unemployment rate but a foreclosure moratorium has delayed this entire process for 2020. The foreclosure mortarium ended June 30, 2021.But guess what, foreclosures are not coming anytime soon.
As of December 2021 and we have an extremely low number of foreclosures on MLS. Due to the high amount of equity in a sellers homes from this pandemic, there is little need for there to be a foreclosure. The buyer demand has been so high and the seller supply is so low that the increase in price for homes has added so much equity. People can sell as a regular sale and avoid foreclosure.
The CDC - Center for Disease control has extended the eviction moratorium for tenants until June 30,2021.
A new spike in new foreclosure filings is starting by the second quarter of 2021. Again, The number of foreclosures may be increasing. although they are not here. Foreclosure homes come in all types and all sizes. We’re here to help you in your search, although you should expect very little to show up. If you are in the market for a short sale, foreclosed or REO property, please contact us. We display the most recent foreclosures listed in our MLS. Now the question becomes, will foreclosures come?
To be in the know when it comes to foreclosures, you need a licensed real estate agent working for you on the inside. We’d love to help you keep track of the latest opportunities in [area]. If you want to view properties today, please don’t wait for an email reply, call us at [phone] for the fastest service. Will foreclosures be on the horizon. We will watch and see...
Back in 2008 I was on a Wells Fargo foreclosure team for 3 years. We saw foreclosures in every city. Yes, it will be happening again. The foreclosures are not here yet.
Why? Most homes are in forbearance.
What is mortgage forbearance?
Forbearance is when your mortgage servicer or lender allows you to temporarily pay your mortgage at a lower payment or pause paying your mortgage. You will have to pay the payment reduction or the paused payments back later.
Forbearance can help you deal with a hardship, such as, COVID-19, you had an illness or injury that increased your healthcare costs, or you lost your job. Forbearance does not erase the amount you owe on your mortgage. You will have to repay any missed or reduced payments. Forbearance is usually between a 6 month period with a extension to a 12 month period.
Many investors are also dealing with rental properties and collecting no rent due to COVID-19. This is another challenging area taking place.
Strong Homeowner Equity
Homeowners will not see the amount of foreclosures that we have seen in past years. The market today is very different than in 2008. Homeowners have more equity in their homes than what the market experienced in 2008.
Buyer Beware:
- Any lien recorded on title prior in time to the foreclosing mortgage.
- First Mortgage (if the foreclosing mortgage is a second or third mortgage)
- HOA or COA assessment liens (in certain states)
- Mechanic’s Liens (in some states)
- Government liens such as state and federal tax liens, city or county liens, US Government liens.
- IRS liens (IRS may buy the property within 120 days after sale at the price paid at foreclosure sale)
- Code Enforcement Liens, Environmental Liens, and Utility Liens
- Child Support Liens
- Hidden 3rd or 4th lien
Keep in mind, sometimes, auction homes have title issues. For distressed properties in particular, auction companies may not guarantee a clear title which would leave the buyer responsible for paying things like outstanding tax liens or unpaid utility invoices.
There are other ways to purchase a foreclosure property. Call Susan J Penn PA for more information at 954-557-5993
Our website features the best Foreclosure real estate search for homes, condos, land and foreclosure properties available. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes.
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Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood!
Considering selling or refinancing your home? Get an INSTANT property valuation now!
Foreclosure Homes For Sale
Eight out of the ten one bedroom one bathrooms are two-story townhouse style in which five out of the eight townhouses have spacious balconies. The 4th Ave Apartments h...
- 12 Beds
- 12 Baths
- F10342461 MLS
- 4th Ave Apartments Bldg.
Vacant parcel along East Dania Beach Blvd. This parcel is the closest developable parcel to the intracoastal waterway on Dania Beach Blvd. Property is surrounded by nat...
- F10283034 MLS
- Hollywood Central Beach B Bldg.
Stunning single story home in desirable Lighthouse Point. This 3 bedroom, 3 bathroom home with den offers contemporary finishes with a bright, open floorplan. Enjoy the o...
- 3 Beds
- 3 Baths
- A11273961 MLS
- Coral Key Villas 3rd Sec Bldg.
Parkland Golf & Country Club. This Spacious Lakefront Home has 5 bedrooms, 4.5 baths and 3 car garage. Gourmet Kitchen, with new Dishwasher, Double Ovens, microwave and c...
- 5 Beds
- 5 Baths
- RX-10825949 MLS
- Parkland Golf And Country Club Bldg.
Very nice single-family home with a pool in The Fairways at Eagle Trace. Private community with tons of amenities, close to shops, restaurants and major highways. This pr...
- 4 Beds
- 3 Baths
- A11263759 MLS
- Fairways At Eagle Trace Bldg.
AUCTION. Affordable 4 bed, 4 bath home sits in an established golf community, and is ready for your updates. Home offers ample space to relax and entertain with separate ...
- 4 Beds
- 4 Baths
- A11273109 MLS
- Rolling Hills Golf & Tenn Bldg.
FULLY FURNISHED OCEANFRONT 2/2 AT FAMED "W" FORT LAUDERDALE BEACH. WITH NO RENTAL RESTRICIONS, THIS GORGEOUS BEACH RETREAT CAN ALSO MAKE A GREAT INCOME PROPERTY. OWNERS ...
- 2 Beds
- 2 Baths
- A11203521 MLS
- W Fort Lauderdale Bldg.
2 bedroom 2 bathroom fully furnished unit in Hyde Resort with beautiful direct ocean intracoastal and city views. State of the art appliances and luxury finishes. 5 Star ...
- 2 Beds
- 2 Baths
- A11251658 MLS
- Hyde Resort & Residences Bldg.
Gorgeous 3 Bedroom/2 Bathroom Waterfront Home Located in the Heart of Fort Lauderdale. With Over 70FT of Dock Space on a Canal with Fixed Bridges, But with Access to the ...
- 3 Beds
- 2 Baths
- A11267573 MLS
- Coral Ridge Isles Bldg.
BANK FORECLOSURE, PRICED TO SELL, ONE OF THE KOWEST PRICES IN LIDO ISKES, ONE BEDROOM AND FULL BATH DOWNSTAIRS, HUGE MASTER BEDROOM, HIGH END STAIRCASE, UPDATED KITCHEN, ...
- 5 Beds
- 3 Baths
- RX-10830791 MLS
Desirable 4/2.5 single story pool home in Turtle Run priced to sell. Den or possible 5th bed no closet. Portico opens to spacious living/ dining. Breakfast area. Family r...
- 4 Beds
- 3 Baths
- F10340207 MLS
- Turtle Run 131-12 B Bldg.
Spacious 4 bedroom, 3 bathroom home in the gated community of Preserve Estates. Home sits on one of the biggest lots in the community. Vaulted ceilings and open kitchen o...
- 4 Beds
- 3 Baths
- A11178836 MLS
- Preserve Estates Bldg.
REO Occupied - the seller does not represent or guarantee occupancy status. NOaccess to property- no Interior photos. Please DO NOT DISTURB the occupant. ''Asis'' cash on...
- 2 Beds
- 1 Baths
- RX-10830009 MLS
Spacious, affordable ranch home features 4 beds, 2.5 bath, open kitchen with separate living and dinging areas. Ample room to relax and entertain inside and out. The ...
- 4 Beds
- 3 Baths
- A11277044 MLS
- Cypress Glen Bldg.
Rarely on the market, quarter of an acre lot, owner may build a house for you for $160-200 per sq ft depending on finishes and design. Listing price is for the land only,...
- 5 Beds
- 6 Baths
- A11274680 MLS
- Hollywood Little Ranches Bldg.
4/2 1809 sq ft Lots of parking spaces: 2 car garage, plus front driveways can park up to 8 vehicles, plus RV/Boat/Trailer/Equipment inside fence/gate. Upgrades includes: ...
- 4 Beds
- 2 Baths
- F10339932 MLS
- Pompano Bch Community Red Bldg.
Opportunity is knocking and you had better hurry and answer the door! What a fantastic chance to own a 4 bedroom 2.5 bathroom 2 car garage 2-story home in the beautiful ...
- 4 Beds
- 3 Baths
- RX-10824381 MLS
- Banyan Trails Bldg.
Great Opportunity To Own A Spacious Single-Family Home In Orangebrook Golf Estates With Amazing Potential! Features A Very Spacious Living Room, Dining Room, Eat-In Kitch...
- 3 Beds
- 2 Baths
- F10346176 MLS
- Orangebrook Golf Estates Bldg.
Excellent Deal!!!! Lowest priced listing in the sought-out Grand Palm Community in Pembroke Pines. Spacious 3 bedroom, 2 bath SFH with a family room and a 2-cg situated o...
- 3 Beds
- 2 Baths
- F10347881 MLS
- Hollywood Lakes Country C Bldg.
privacy, close to 95, shopping, downtown, park areas and the New River. Great Price Investors dream NO SHOWING ALLOWEDAS IS
- 3 Beds
- 2 Baths
- RX-10831800 MLS
Spacious SFH with 3 bedrooms, 2 baths, family room, 2-Cg and a Canal view. The property has a new roof which was replaced in 2021. The interior is dated and needs TLC b...
- 3 Beds
- 2 Baths
- F10345701 MLS
- Boulevard Woods North 101 Bldg.
Charming 3BD/2.5BA townhouse with the feel of a single family home in coveted Chapel Trail Malibu Bay Gated Community! With your personal touch this lovely abode has the ...
- 3 Beds
- 2 Baths
- A11252320 MLS
- Chapel Trail Ii 112-16 B Bldg.
AUCTION. Affordable end unit townhome offers great views of the water and 2 beds, 1.5 baths. Home has a spacious primary bedroom, living-dining combo, and a screened pati...
- 2 Beds
- 2 Baths
- A11278511 MLS
- Sanibel Bldg.
Price reduced on this Villa style 2/2 unit with 1cg and washer and dryer in an all age community. Open floor plan with laminate in living area and bedrooms. Dining area c...
- 2 Beds
- 2 Baths
- A11263856 MLS
- Woodmont Bldg.
Welcome to the absolute best opportunity to own a true 2/2 villa in the heart of gorgeous Tamarac. 55+ community gated with tons of adult amenities. Stunning kitchen, s...
- 2 Beds
- 2 Baths
- F10350682 MLS
- Exeter Bldg.
PANORAMIC INTRACOASTAL, OCEAN, AND CITY VIEWS from this beautiful 2 BEDS/2 BATHS CONDO. Tiled throughout. Large bedrooms with walk-in closets. Good living space with sepa...
- 2 Beds
- 2 Baths
- A11278284 MLS
- Golden Surf Towers Condo Bldg.
Great 3 bedroom, 2 bathroom condo. Conveniently located on the first floor for an easy unloading of groceries. Very nice spacious bedrooms, ample storage space throughout...
- 3 Beds
- 2 Baths
- A11278323 MLS
- Fairways At Bonaventure Bldg.
DIRECT INTRACOASTAL VIEWS AS SOON AS YOU WALK INTO THE UNIT. OPEN YOUR WINDOWS AND TAKE IN THE SIGHTS, SMELLS AND AMBIANCE OF THE BEACH LIFESTYLE. Walk out your back door...
- 1 Beds
- 2 Baths
- A11265459 MLS
- Riverside Towers Bldg.
*invsetor special* remodeled kitchen, bathrooms,floors, appliances. New A/C unit (July).
- 3 Beds
- 2 Baths
- A11260033 MLS
- Sunrise Towne Bldg.
Private and cozy 2BR/2BA villa with beautiful lake view from your screened porch and MBR. Great location, close to Sawgrass, in the in the beautiful Colony Courts. This ...
- 2 Beds
- 2 Baths
- A11282371 MLS
- Twin Fountains Replat Bldg.
Fantastic location corner unit no neighbors to your left or right facing the water in desirable Township Community ! All Ages, * Split floor plan, spacious master bedroo...
- 2 Beds
- 2 Baths
- F10350274 MLS
- Karanda Village Vi-C Bldg.
THIS CORNER LOT HOUSE IN SUNRISE HEIGHTS WITH 4 BEDROOMS & 1 BATH WILL NOT LAST! THIS HOME HAS A HUGE FLORIDA ROOM OVERLOOKING YOUR GARDEN. PLUS A UTILITY ROOM WHICH HAS ...
- 5 Beds
- 1 Baths
- F10334679 MLS
- Sunrise Heights 48-37 B Bldg.
Rarely available 2 bedroom, 2 bathroom unit in boutique building in East Pompano Beach. Enjoy water views from your living room and bedroom. Unit has 2 parking spaces, w...
- 2 Beds
- 2 Baths
- A11185016 MLS
- Pompano Beach View Condo Bldg.
Large 2/2 Located in the tranquil Granville development. This unit has a direct view of lake located in a lovely 55+ gated community with guard on site. Come and make thi...
- 2 Beds
- 2 Baths
- F10349617 MLS
- Granville C Bldg.
Spectacular large corner 2 bedroom 2 bathroom with lakeview * Split bedroom plan * Screened porch with West sunset and water views * Washer & dryer in unit * Plenty of a...
- 2 Beds
- 2 Baths
- F10344182 MLS
- Cypress Bend Bldg.
Don't miss the opportunity to own this 2-bedroom, 2-bathroom condo located in the heart of Pembroke Pines. This unit is awaiting your personal touch and is conveniently l...
- 2 Beds
- 2 Baths
- A11268404 MLS
- Ivanhoe East At Century Bldg.
*** Attention Realtors please read the Broker Remarks section and click on the Listing attachments for info and instructions on How to Submit Your Offer*** 2/2 Condo unit...
- 2 Beds
- 2 Baths
- A11282556 MLS
- Lakeshore At University Bldg.
Price Reduced! Been looking for a home with World Class Resort style amenities and a great view, then don't miss this one. Great price, great location, great view, great ...
- 2 Beds
- 2 Baths
- A11263636 MLS
- Kings Point Tamarac Bldg.
Great 1 Bed/1 Bath Condo Located in Hallandale Beach. This Condo Features First Floor Access, Tile Floors Throughout, An Updated Kitchen, Large Living/Dining Area Along w...
- 1 Beds
- 1 Baths
- A11278912 MLS
- Islands Jamaica Condo Bldg.
2-bedroom 2-bathroom condominium in Tamaracs "Ashmont" development. This is a gated 55+ development. The unit is on the third floor of a three story building. This condom...
- 2 Beds
- 2 Baths
- F10347906 MLS
- Ashmont Bldg.
2/2 ground floor garden and canal view from the patio - Kitchen has been remodeled. Ceramic and carpet on the floors. Enclosed patio. Water, sewer, trash, and basic cab...
- 2 Beds
- 2 Baths
- F10338166 MLS
- Oriole Gardens Bldg.
55+ only Housing for Older Persons* Great Buy with this 2 Bedroom Condo in Hawaiian Gardens, The building surround the Recreation Center and it is near Hospital and easy ...
- 2 Beds
- 2 Baths
- RX-10825149 MLS
Great Opportunity!! 1 BED/1.5 BATH at The Manors of Inverrary Come see this light and bright 1 bedroom, 1.5 bathroom home. Unit is currently owner occupied. 24/7 guarded ...
- 1 Beds
- 2 Baths
- F10350811 MLS
- Manors Of Inverrary Condo Bldg.
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