Buying Florida Real Estate – Florida Foreclosure Bonanza Awakens Buyers Across the Country & Globe
Florida was second in the nation, with more than 279,000 foreclosures filed in 2007. That’s up 275 percent from 2006.
As we roll into the new year, many are having to pack up and quickly sell their homes. This translates into substantial savings for buyers looking to seize a good deal, escape the cold winters up north, and get established in sunny Florida.
Buyers are licking their lips, salivating, BONANZAJP as more and more distressed homeowners go belly up and have to sell. What is one person’s misfortune is becoming a millionaire’s dream – buying Florida real estate for bargain prices. Buying low has never been so easy!
Whether it is homes, land, or commercial property it’s all up for grabs for the savvy investor. Meanwhile homeowners pray hard, keep their fingers crossed, and keep those mortgage checks in the mail. Others scurry seeking extensions on their equity lines, second mortgages, and family and friends to co-sign.
Families pull together in hard times to save homes. Those without such help sadly are losing their homes. The bright side to all of this distress and joblessness is buyers are able to come in and take advantage of all the great deals.
Beating foreclosure and bankruptcy is easy if you can find a willing buyer. Many out of state buyers are looking for a broker they can trust within Florida to facilitate such purchases for them. Meanwhile Florida is launching a campaign against mortgage fraud. Lenders are also simultaneously unveiling a plan to come in and save the day.
Paul Davis is Central Florida’s favorite and most reputable property appraiser frequently called upon by banks, homeowners, and savvy real estate investors to assess property values. Mid-State Appraisals is FHA approved. A builder for over twenty years and also a real estate broker, Paul Davis brings a wealth of knowledge to the table as an appraiser.
Paul’s company Midstate Appraisals is FHA approved and serves Central Florida (Lake, Orange, Seminole, Osceola, Sumter and Davenport in Polk counties).