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Just Sold! Lake Worth, FL Home - Bank Foreclosure

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Real Estate Agent with United Realty Group Wellington SL# 3190644

Just Sold Lake Worth, Florida Bank Foreclosure

Country Side Estates Lake Worth FL Home

Just sold this large Lake Worth Florida Home in Countryside Estates, a small gated community in West Lake Worth.  The Home was a bank foreclosure and needed a lot of work.  It was listed through HubZu online auction platform, and was a challenge to get under contract, it took five winning bids.  Unfortunately the challenges did end there, as the previous owner made sure that it could not be financed by destroying the hard wood floors and taking the pool equipment, electrical breakers and hot water heater.  The deal had to be converted to a cash transaction.  At the end of the day I was able to work through the issues and eventually get the Home for my customer at an even lower price then what we had it under contract for.  

Very rare in my market to be able to create instant equity but this is one of them.  I was happy to get the deal for them and am sure their two girls will love the large pool and lake views for years to come.  Another added bonus is I now get to list his current home for sale!  By the way, the lead came in off of a video I did over three years ago!  What a return on my advertising.

Posted by


Mark R. Baker, PA

United Realty Group Wellington 

1035 State Road 7

Suite 121

Wellington, FL 33414

(561) 336-6333

www.BuyingPalmBeachHomes.com

 

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Comments (11)

Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Mark Baker congratulations on your latest sale....keep those coming.... 

Apr 28, 2015 11:06 PM
Mark Baker
United Realty Group Wellington - Wellington, FL
Serving Palm Beach County FL

Thanks Barbara Todaro, I have a couple more in the pipeline . Thanks for commenting.

Apr 28, 2015 11:11 PM
Michele Cadogan 917-861-9166
Fillmore Real Estate 2990 Av U, Bklyn , NY 11229 - Brooklyn, NY
Licensed Real Estate Associate Broker -

Congrats to you on  the sale of you listed Lake Worth Fl foreclosure home for sale, even though the new owner has lots of work to do , Im sure that they were pleasantly surprise and happy knowing about the increase in equity.  Wishing you much continued success.

Apr 28, 2015 11:16 PM
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Mark Baker Good for you and your buyer. Surprised you were able to work through the issues, especially when dealing with Hubzu. Good luck with your clients' home sale.

Apr 28, 2015 11:55 PM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Good Wednesday morning Mark Baker -

A big congrats on taking another home off the Lake Worth Florida real estate market!  

Apr 29, 2015 12:16 AM
Joe Jackson
Keller Williams Capital Partners Realty - Columbus, OH
Clintonville and Central Ohio Real Estate Expert

Congratulations on your sale in Lake Worth FL. I'm sure everyone involved is very happy.

Apr 29, 2015 12:34 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Congratulation Mark, we are delighted for you and wish you many more.  Happy Wednesday, A

Apr 29, 2015 12:35 AM
Mark Baker
United Realty Group Wellington - Wellington, FL
Serving Palm Beach County FL

Hi Michele Cadogan, he is very handy and will save thousands doing the work himself.  Thanks for your comment.

Apr 29, 2015 12:37 AM
Mark Baker
United Realty Group Wellington - Wellington, FL
Serving Palm Beach County FL

Hi Sandy Padula and Norm Padula,  I was surprised too!  Went through 2 lenders and about ten outsourced title reps, and a light appraisal!  At one point I thought it was dead..... but just kept working it.  Thanks for your comment. 

Apr 29, 2015 12:41 AM
Mark Baker
United Realty Group Wellington - Wellington, FL
Serving Palm Beach County FL

Thanks for commenting John McCormack, Joe Jackson, and Ron and Alexandra Seigal. 

Apr 29, 2015 12:46 AM
Captain Wayne - Rowlett Real Estate School
Rowlett Real Estate School - Panama City, FL
Rowlett Real Estate School / Owner and Instructor

Nice Home! Congratulations on your sale.  Keep up the good work!

Jul 06, 2015 10:19 PM