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Is it a bargain? | Miami Dade, Broward and Palm Beach Counties Florida | Best Buy Today | Single Family House For Sale By Bank

By Evelina Tsigelnitskaya

Real Estate Broker/Owner with SIB Realty

March 25, 2012 12:30 PM

SIB Realty | Featured Properties | http://www.SIBRealty.com/ | Office 305-931-6931 |

We Speak English, Russian. If you are going to sell, buy or lease Condo or Home in South Florida allow us to help you. South Florida Condos Sell Fast When The Price is Right!

Call our Condo and Home Specialist Valeria Mola 305-607-0709 or Evelina Tsigelnitskaya 305-383-5462 If you are going to sell, buy or lease allow us to help you.

Is it a bargain?
It's commonly assumed that any REO must be a bargain and an opportunity for easy money. This simply isn't true. You have to be very careful about buying a REO if your intent is to make money off of it. While it's true that the bank is typically anxious to sell it quickly, they are also strongly motivated to get as much as they can for it. When considering the value of a REO, you need to look closely at comparable sales in the neighborhood and be sure to take into account the time and cost of any repairs or remodeling needed to prepare the house for resale. The bargains with money making potential exist, and many people do very well buying foreclosures. But there are also many REO's that are not good buys and not likely to turn a profit.

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P.J. Virgilio Jr., Realtor 408-568-6578 Selling homes in the Greater San Jose area and South through San Martin, Gilroy

Keller Williams Realty Silicon Valley - Gilroy, CA

San Juan Bautista and Hollister as well!

A price that should attract many…. incredible! Lots of luck in a speedy and trouble free close of escrow as well.

All the best,

Mar 25, 2012 01:07 PM

Katia Goldenstein

SIB Realty - Sunny Isles Beach, FL

I have noticed, a lot of investors are looking to buy run down house, fix it and resell.

Mar 25, 2012 11:50 PM

Galina Kantarovich

Century 21 King Realty - Hallandale, FL

Real Estate Agent

GREAT DEAL! ACT NOW! INVEST YOUR MONEY. GOOD LUCK

Mar 28, 2012 03:36 AM

Evelina Tsigelnitskaya

LOL, Galina, what a great comment! Thank you.

Mar 28, 2012 09:37 AM

Valeria Mola

SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL

305-607-0709 SIB Realty Condos for Sale and Rent

Yes, Katia, it is right, offers for REO always higher than asking price. The highest offer will be excepted.

Mar 28, 2012 10:26 AM

Great location - white sand on the beach, Atlantic Ocean, Intracoastal, close to major highways, schools, hospitals and more.

Apr 06, 2012 12:34 AM

The City of Sun and Sea, is located on a barrier island in the northeast corner of Miami-Dade County, bounded by the Atlantic Ocean on the east and the Intracoastal Waterway on the west. Golden Beach lies to the North, Bal Harbour and Haulover Park are immediately to the south.

Apr 13, 2012 01:03 PM

What a great comments, thank you to all of you for leaving notes.

Apr 14, 2012 02:27 PM

For sure, on the ocean side of Sunny Isles Beach you have the new luxury high-rise condos.

Dec 06, 2018 12:21 PM

On Intracoastal side there are many other smaller more affordable buildings to choose from.

Dec 06, 2018 12:24 PM

There are many great choices when looking for Sunny Isles Beach condos.

Dec 06, 2018 12:25 PM

Is it a bargain? | Miami Dade, Broward and Palm Beach Counties Florida | Best Buy Today | Single Family House For Sale By Bank

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