Search for a foreclosure property in Port Orange, Florida, below. Foreclosure homes attract lots of interest and normally sell fast. Contact us today for detail information about these foreclosed Port Orange listings.
REOs & Bank Owned properties in Port Orange, Florida.
Hud Home Sold As Is. Information Deemed Reliable But Not Warranted. Buyer To Verify All Information...equal Housing Opportunity ...........4br/2bth Pool Home, Spacious And Open Floor Plan, Great Yard, Pool In Screened Enclosure
This Home Gives You A Feel Of Elegance The Minute You Step Into The Spacious Foyer. Lots Of Decorative Niches To Display Your Treasures. Spacious Kitchen For Gourmet Cooking And Entertaining. This House Is Move In Ready.
Spacious 3 Bedroom 2 Bath Home On A 1 Acre Corner Lot. Inside There Is An Office, A Great Room, A Living Room And A Family Room. The House Features A Brand New Roof, Ac And Some Updates In The Kitchen And Baths. Large Cleared Yard And In-ground Swimming Poo...
Handyman Special 3/2 Residence With Den On Cul De Sac In The Popular Pepper Hill Neighborhood!featuring A Large Family Room, Separate Living/dining Room, Den/office & Open Kitchen With Breakfast Bar Overlooking The Family Room. The Master Has A Walk In Clos...
Hurry To See This Property. This 3 Bedroom 2 Bath Manufactured Home Features A Split Floor Plan, Fireplace, Large Master Bedroom With Garden Tub And Walk In Shower. You Own The Land! This Is Located In One Of The Top School Districts And Close To Shopping,...
An Affordable Manufactured Home In Port Orange That Doesn't Need A Ton Of Work? It's True! This Three Bed Two Bath Home Was Built In 2005 And Has Been Well Maintained. Split Floor Plan. Corner Lot. Master Suite Has Large Private Bathroom Including Corner Ga...
One "hot topic" in real estate today is short sale. What some buyers don't realize is that a short sale is much different than a foreclosed or bank owned property. Let's start by briefly discussing foreclosed properties. A foreclosed property is owned by the bank and referred to as a REO property. This property has gone to auction and is now listed for sale. Offers are submitted to the bank and response times are normally pretty fast. Short sales differ in many ways.
Port Orange Short Sales - Lender Approval
Potential short sale properties are still owned by the seller. The seller cannot afford the property and he/she tries to get the bank to accpet SHORT of what is owed to the bank. The seller may have a loan for $300,000, but the property may only have a market value of $250,000. Once the seller gets an offer, it is submitted to the bank's asset managers for review. Banks will usually request a BPO (brokers price opinion) or an appraisal to help them establish an acceptable sale price.
If you need a property within 30 - 45 days, a short sale is not going to be your best option. A short sale transaction can take many months to be executed.
If you would like to discuss short sales, foreclosures and the buying process, contact Kevin Kling at 386-527-8577.
*Disclaimer: Pre-foreclosures and potential short sales require third party (bank) approval.
Information Courtesy of Daytona Beach Area Association of REALTORS® Multiple Listing Service
IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and data is deemed reliable but is not guaranteed accurate by the MLS.