Merritt Island Foreclosures? I can help you with that. In todays market there are plenty available.
Distress sales resulting from bank foreclosures often a good way to get a great deal on a home. Its not easy for the average home buyer to find these deals, because you have to constantly search to see when they become available. If you are the type of person that recognizes what a great deal these properties can be you can create a free account in the search below that will automatically update you when something new comes on the market. I am offering this as a free no obligation service to you as a way for you to be automatically plugged into the most current list of Merritt Island Foreclosures as they come on the market. You can customize the search below and save it as your own, or contact me and I’ll help you make it your own. This will save you time in your search.
Above is an active MLS search that is updated in real time of all foreclosures in Merritt Island.
Since you are considering purchasing a bank owned property (or REO) which is what all Merritt Island Foreclosures are, I have posted a little more information explaining what REO’s are and the pro’s and con’s of purchasing one. That article can be found here. While these properties are much easier to buy than a short sale, they can still be frustrating especially for the first time homebuyer. The process often drags out while waiting for approvals and signatures from the bank and/or the REO company. They are not always easy to buy as the banks have extra steps and paperwork you must go through. They are often times neglected and need work. The banks do not offer disclosures on them because they have not ever been inside the property to know what could be wrong with it. The banks only give you 10 days to do your inspections, so time is of the essence. If you would like to discuss the steps it takes to buy a foreclosure I would be happy to go over them with you.