$155,000

2 Beds   2 Baths   1,207 Sq. Ft.   Condo
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Sw 141st Ave Apt 402r
Pembroke Pines, FL 33027

Potential Profit

$29,716

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Status: Active
Listing ID: 57068062

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Foreclosure Timeline

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

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View Foreclosure Status
12/02/21
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $155,000. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
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Property Information

Potential Home Value

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Current Value
$155,000
Potential Value
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Public Records

Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

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:

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Listing History

Start Date End Date Listing Type Bank Name
11/12/21 11/03/21 Foreclosure

Pembroke Pines, FL
Home Inspectors
George M. Nicholson DBA National Property Insp.
George Nicholson
954-436-7449
Homes On This Street
View more homes on Sw 141st Ave Apt 402r
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Sw 141st Ave Apt 402r
Pembroke Pines, FL 33027

2 Beds   2 Baths   1,207 sq. ft.   Condo

$155,000

Status: Active Listing ID: 57068062

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Sw-141st-Ave-Apt-402r-Pembroke-Pines-FL-33027/57068062_lid

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