Special offer

Foreclosures give rise to a new industry in Pensacola, Pace and Gulf Breeze.

By
Real Estate Broker/Owner with Charles Stallions Real Estate Services 610125

Foreclosures give rise to a new industry in Pensacola, Pace and Gulf Breeze.

Institutional investors that once shunned the single-family market now buy tons of properties to refurbish and rent out. Read more.

On this afternoon, he joins a dozen house flippers as an auctioneer starts hawking the latest batch of defaulted properties to hit the market. Major bids on a three-bedroom house in Antioch, and after other buyers counter, he wins at $147,600.

Five foreclosures sold for $22000. to $26500. with an average of 10k to 14k in repairs and resale was 53,000 to 59,000.

 

"Love is misunderstood to be an emotion; actually, it is a state of awareness, a way of being in the world, a way of seeing oneself and others."

— Dr. David Hawkins:is a psychiatrist, physician, researcher, and pioneer in the fields of consciousness research and spirituality

Let Us Pray 

Oh God, I want to KNOW You. You are so great and do great things. I want to spend more time with You. Help me to make time to sit before Your throne in quiet places, to read Your Word in order to know You more intimately, to develop an ear to hear Your voice so that I know when to turn to the right or to the left. I trust You to guide me in all things.

Would you like information on buying or selling Foreclosures / Short sales CLICK HERE or Search All Pensacola, Pace and Gulf Breeze Area MLS Listings CLICK HERE for Rentals and Homes For Sale.

Sellers Flat Fee of $2995 when one of our agents sells your home or if you want MLS (where you home is available for all Real Estate Agents to sell) then the best program TODAY is $1495 to us +3 % offered to Buyers Agent for bringing the buyer.  When you understand how agents work you will clearly see why we sell 94% of our homes at or above asking price and why REAL ESTATE AGENTS would rather sell our homes than anyone else’s. The Real Estate Agent gets paid more and the seller saves over 63% on average.

Property Management for $50 Flat fee monthly

THOUSANDS OF HOMES.... One Address www.charlesstallions.com

Charles Stallions, CRS, CSP, CBR, CDPS, SREE, EREI - 800-309-3414

Charles is a Real Estate Investor of 25 years, a Real Estate Broker for 15 years while holding several degrees in management, an expert in the buying and selling of real estate. Whether you’re buying your first home, second home, vacation home, investing in rentals, a kiddie condo for college or your dream home, buying any home is an investment in the future and you owe it to yourself to have Charles’s expertise to buy right and make the right decisions for YOU. For over the phone evaluation and NO Obligation CALL NOW! you have OPTIONS, we have FACTS, let’s TALK

 

Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

I sell homes in the Antioch market mentioned.  147K for a 3/2 is not that great - well it might be this month.  But once the investor does the repairs they are not saving much on the steps and taking a lot of risk.  I have seen some investors loose big.

Apr 19, 2012 01:56 PM
Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

It is amazing, the way homes are being snapped up and renovated right now! Great post!

Apr 20, 2012 06:31 AM
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.

I don't know that market Gene but here Realtors as well as investors do good picking these up.

Hi Barbara Jo it is amazing and I am glad that I have been able to pick up a few

Apr 22, 2012 08:12 AM