As Florida continues to deal with partially completed high rises and town home/residential communities, those who are often the first to occupy them can often face multiple challenges.

Many developers have reported that due to unpaid maintenance and original buyers that have backed out of these purchases, those remaining have to deal with challenges that they never expected.  This has left many of the new owners that have moved in dealing with issues including theft, squatters, lack of hired security, few if any amenities, poorly maintained grounds and a general feeling of lack of safety.  

 With scarce buyers and thousands of unsold units, it is time that developers and lenders begin to take aggressive measures to sell theses properties so that many of these concerns can be addressed and these communities can begin to operate as the plans called for.

 A well managed real estate auction can provide the critical benefits to aggressively market a property to thousands of potential buyers and generate sales that can start the process for turning these properties around.