Foreclosures, Short Sales or Pre-Foreclosures in Tarpon Springs

Our current market is ripe with foreclosures in Clearwater, but knowing if a home in default is a good deal, is a different story. We can help you determine if a home is worth taking a look at and our services to you are free. We strongly recommend that you consult a professional Realtor, such as ourselves, to ensure all bases are covered. There are numerous variables that need to be verified and if done correctly, you could save thousands of dollars. We will do the upfront research to find out the story behind the home in default that you are interested in and if everything checks out, we will ensure that your interest in protect - every step of the way.

Foreclosure is the process by which a bank or other secured creditor takes back ownership of a piece of real property due to owner's failure to pay their mortgage. The foreclosure process begins soon after the property owner stops making mortgage payments. This can take a few months or more and during that time the property owner may try to sell the home at a reduced price hoping that the lender will accept a less amount (short sale) than what is due on the mortgage.

Once the bank repossesses the property (bank owned), it is offered for sale and they will typically start the selling price at what is left on the loan balance. Many times foreclosures and bank owned property are good deals but certainly not always. It's our job to ensure we have all the pertinent information before making an offer and that your best interests are protected.

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