Foreclosures : Bankrate.com Article Explains About REO Real Estate Owned / Bank-Owned Properties - Michael Friedman, Broker-Associate, Realtor eXp Realty "Mike In Boca .com"

During my many years as a real estate professional in the South Florida (Southeast / Boca Raton) area, I have been involved with many different types of transactions.  

In my conversations, distressed properties come up frequently.  I have represented customers selling "short-sale" properties, have helped customers buy both short-sales and foreclosures as well.  

The South Florida real estate market, and my main areas in particular (Boca Raton, Delray Beach Boynton Beach), have had a lot of home buyer interest, rising prices and not much in the way of distressed real estate situations during the past few years.  However, there continues to be interested from both real estate investors as well as home buyers who continue to seek foreclosure sales and distressed property situations.

The Bankrate.com article entitled, "Bank-owned Properties : What Are They And Where Can I Find Them?" is full of good information about foreclosures.  

Homebuyers who are interested in purchasing foreclosed properties should know they are "also referred to a real estate owned, REO properties or simply REO."

The article explains how properties become REO / foreclosed properties, where to find REO properties, how to buy REO properties, as well as some of the pros and cons of buying REO properties.

You can search for foreclosures / REO properties on my Website Michael Friedman eXp Website Search

If you find yourself in a situation of being in a distressed property situation reach out to learn how I can help you.

I work with both home buyers and home sellers to match their desired outcomes.  

Schedule an appointment with me today on my calendar through Website MikeInBoca.com

Michael Friedman
Broker-Associate, Realtor
eXp Realty



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