Potential Profit$20,401
This property is available as a foreclosure at Cedar St. It has 3 bedrooms, 2 bathrooms, and 1,601 square feet of living space. Based on our analysis of the current market conditions in Edgewater for Cedar St and comparable listings, the estimated market value is $322,658. The property located at has potential equity of $20,401. If purchased for rental purposes, the monthly rental rate could range between $0 and $0. For those interested in resale, the estimated profit from selling is $20,401. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Cedar St are updated daily along with others in Edgewater, Florida. Since this property is a foreclosure, check out our Foreclosure Timeline for Cedar St below to see helpful information about this listing.
Not in Foreclosure
Pre-Foreclosure
Auction
Bank Owned
Purchase this incredible HUD home with just a $100 down payment! U.S. Department of Housing and Urban Development (HUD) is a federal agency that insures mortgages to homeowners through its Federal Housing Administration (FHA). Therefore, when banks foreclose on HUD-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at super low prices to the public. HUD houses are among the very best deals in real estate today and, accordingly, don't last long on the market. Act fast!
Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:
Steps as you search for your foreclosure property:
Foreclosed properties can represent excellent opportunities to acquire real estate at bargain prices. But in order to take full advantage of these opportunities you must have all your information and take an organized approach to finding and acquiring foreclosed properties. Find the location and property that interests you, work with the Realtor and closing agent to learn all you can about the property, and make your offer based upon good information and research.
Auction Information |
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The estimated rental value for Cedar St located in Edgewater, FL is $0/month. Comparable homes around Cedar St that are rentals have monthly ranges starting as low as $0 per month and as high as $0 per month. An owner looking to use this property as an investment could bring a return in the area of $0 - $0 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.
| Start Date | End Date | Listing Type | Bank Name |
|---|---|---|---|
| 06/19/10 | 12/16/10 | Bankruptcy |
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