Florida Foreclosure Listings - Find Florida Foreclosure Listings Vendors, Tips & Advice, Buying Guides

Florida foreclosures provide investors with the opportunity to buy a property at much less than market value. Foreclosure listings are always informative, so watch for listings with complete information about property type, condition and location. Read More »

Using Florida Foreclosure Listings

Source: /guides/using-florida-foreclosure-listings-22203/

Using Florida foreclosure listings to find the best deals is a process that includes sifting through many old or useless listings of properties. Finding a good foreclosure website is key to making the most of the listings you find. Read More »

Florida Foreclosure Listings Key Terms

Florida foreclosure listings are properties being sold, because the original property owner failed to keep up with lender payments or taxes. Florida bank foreclosures are some of the most commonly talked about properties because lenders need to sell them quickly. It is essential for investors to understand Florida foreclosure laws prior to investing in any of the listings found. Listing services often have a number of different types of foreclosure properties being sold. These terms can be confusing, but can be learned.

Florida bank foreclosure

Florida bank foreclosures are properties in which the lender has reclaimed the property due to the property owner defaulting on the mortgage. Bank foreclosures need to be sold quickly so the bank can recoup the value of the property. They often sell for less than market value.

Florida HUD Homes

Florida HUD homes are homes being sold by the U.S. Department of Housing and Urban Development. These properties may only be sold by approved HUD-registered professionals. HUD homes may be purchased by anyone.

Florida VA properties

Florida VA properties are acquired when a homeowner defaults on a VA financed loan or a VA guaranteed loan. The VA, or U.S. Department of Veterans Affairs, does not want to own this property and therefore sells it to the public. These foreclosure properties are sold through approved agents.

Florida foreclosure laws

It is essential for individuals to understand Florida foreclosure laws when looking at foreclosure listings. For example, under Florida state law, the lender is often not required to notify the homeowner prior to starting the foreclosure process. In addition, homeowners have the ability to stop the foreclosure process at any point by paying all outstanding debts.

Florida foreclosure data

Florida foreclosure data is an important part of bidding on and purchasing these properties. It is essential to know the circumstances surrounding foreclosures within the state.

Florida pre-foreclosure

Florida pre-foreclosure properties will likely be foreclosed on by the lender. The borrower is trying to sell these properties quickly, to keep the house out of foreclosure.

Tips & Advice for Florida Foreclosure Listings

Florida foreclosure listings are a great way to find property at a good price. Often, foreclosed properties are listed for considerably less than their value, making them a great investment for a business looking for a new office or properties to sell for a profit when the market begins to rise again.
Newspapers are a great resource for finding foreclosure listings. Many of the Florida-based papers, such as the Sun-Sentinel, will have a current list of properties in the real estate section. A newspaper's website may have a database for local listings. The Miami Herald site uses RealtyTrac's nationwide database to list foreclosures in Florida.
Florida Foreclosure Homes is a website devoted to listing foreclosed properties throughout the state. Select a county to view photos and details of available properties. Miami Foreclosures, another website, lists homes in the Miami region. The site's database allows you to search for properties based on location, the type of property and price. For a nationwide search that includes the state of Florida, Foreclosure Databank is a great resource that allows you to search for properties by county and city.
For more information on Florida foreclosure listings, be sure to click on the links at Business.com

Related Solutions & Vendors

Purchasing resources for Florida Foreclosure Listings

Search Results