South Florida Short Sales and REOs Offer Great Values

South Florida Short Sales and REOS Offer Great Values For Investors in Palm Beach County Florida.

Prices are the lowest they have been in years and with interest rates climbing back up this might just be a good time for the seasoned investors to purchase Florida properties. 

This is not a flip and turn market, but rather a buy and hold market right now. With the stock prices falling there are many investors moving money into the real estate market. There are areas of Florida where you can get a positive cash flow on rental property that you was unheard of few years ago.

The rental investor market really took a beating for several years in Palm Beach County because the negative cash flow simply did not make sense.

Donald Trump is advising investors to buy now in Florida and also for move up homebuyers and first time homebuyers to purchase their homes using the new tax credit that is now available.

If you want to invest in the Wellington Florida area you will be able to find properties from Condos and Townhouses to Single family homes. The prices can range from below $100,000 to into the Millions. It all depends on what your use will be.

The lowest prices in this part of Florida are in Port St Lucie in St Lucie County which is north of Jupiter. You can find 3 bedroom single family homes with about 1600 square feet under air for $130,000. These are 2003 prices! You will be able to get some great bargain prices there as most of the homes for sale in Port St Lucie are either foreclosures or short sales. The prices have gone as low as 30 cents on the dollar of the mortgage owed by the homeowner to their lender.

Nestor Gasset and Katerina Gasset's real estate team can find you just the right investment properties that fit your criteria. We only work with one investor in one market area per agent at a time so that there is no problem about making choices of which investor to be loyal to in our findings. We simply ask you to sign a buyers' representation agreement with us. The retainer fee which is refundable at closing is determined by the scope and complexity of the criteria with which you are searching and the quantity and quality of the offers that will be presented.

 

Contact Nestor Gasset and Katerina Gasset, CIPS, Realtors®, International Properties and Investments, Inc. Licensed Realtors® in Florida at 561-753-0135 to list your property for sale or to purchase a property in Wellington, Royal Palm Beach, Loxahatchee, Lake Worth, Hypoluxo Island, Lantana, West Palm Beach and the rest of Palm Beach County Florida and Port St Lucie Florida. We are accepting referrals.

To view all the South Florida Short Sale Homes For Sale Click here and then click on Search For Homes. 

Disclaimer:The information provided herein is supplied by several sources and is subject to change without notice. Wellington Homes Blog does not guarantee or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on Wellington Homes Blog represent the opinions and ideas of the author(s). Wellington Homes Blog does not express the views of International Properties and Investments, Inc or those of the broker.

 

South Florida Short Sales and REOs Offer Great Values was first published by Katerina Gasset on South- Florida-Luxury-Living.com.