Bank Owned/REO Homes for Sale in Clermont FL 34711 January 2018
Are you an investor looking for an affordable home to use as a long-term rental? If you’re an owner occupant looking for an affordable home, you might want to check out foreclosure homes for sale.
Although Clermont FL 34711 is not flooded with foreclosure homes, real estate market changes on daily basis and good deals do come by. Whether you are an investor or an owner occupant buyer looking for a good deal, it is important to act quickly as good deals don’t last long.
Some Foreclosure/Bank Owned Homes are fixer-uppers, the condition of the home is reflected in the price while others are offered at a fair market value. Whether you are an investor or owner occupant, it's possible to find what you're looking for but you must have a vision!
To see a list of all the Foreclosure Homes for Sale in Clermont FL 34711, you may click on this link.
As of January 23, 2018, there's a total of three REO(Bank Owned Home) listings with a price range of $289,000 to $325,900.
Only a year ago, there were bank-owned listings in Clermont FL priced under $200,000, even some under $100,000 but those days are long gone.
Here are couple of things to remember when looking to buy an REO(bank owned home) in Clermont FL 34711;
-Be prepared to get utilities turned on(some banks will not do so and it's disclosed in MLS)
-Always get a home inspection
-If it's a fixer-upper, get estimates on repairs
-Have your REALTOR® pull comps so you don't overpay for the house
-If you are a cash buyer, be sure to have a letter from your bank showing Funds Available to purchase the home. For buyers who are financing, obtain a pre-approval letter from your lender as banks will ask either proof of funds or pre-approval letter to accompany all offers
-Be ready for a bidding war! If it's a really good deal, chances there will be multiple offers. Don't be discouraged if you don't win the bid the first time, it will stick the second time if you make offer sellers can't refuse.
Home prices continue to rise in Clermont FL, sooner you secure a house, lower you will pay for it!
To see a list of all the Single-Family Homes for Sale in Clermont FL, you may click on the link.
Whether you’re looking to buy or sell a home in Clermont, Minneola, Groveland or Winter Garden areas, call or text 407-929-1852, email bethatalay@gmail.com or visit www.WhereToLiveInOrlando.com
Bank Owned/REO Homes for Sale in Clermont FL 34711 January 2018
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