Large numbers of Bank Owned Properties in Palm Bay, Melbourne and Sebastian Florida

Real Estate Agent with Coldwell Banker ParadiseRealtors

I think I'm living in the mecca of bank owned properties in the world!  Where else but Palm Bay, Melbourne and Sebastian can you find a home that because of mortgage rates and prices of homes, you will pay less for your mortgage than in the 1970's?  It's true.  Where else can you find a concrete block home (most desirable) with 3 bedrooms, 2 baths, a 2-car garage built somewhere after 2000 on a quarter of an acre of land for less than $150,000.00--right here in Palm Bay, Melbourne and Sebastian FL.  Even if it's your winter home--the time is right now.  Our prices have leveled off and it appears that some prices are even taking a small upswing.  Don't miss out on the opportunity to live in paradise--gorgeous weather, great schools, lots to do and friendly people.

There are also many high end homes that now are being offered for half price.  It's like a half price sale--condos and single family homes that sold in 2005-2006 for $2,000,000.00 are now being marketed for $1,000,000.00 and sometimes up to 70% of the value.  So, even if you are looking to buy a very upscale home on the beach or river, it is still the time to do it.

It annoys me when people advertise to others that for a small amount of money and sometimes, a larger amount, they will receive foreclosed or bank owned properties!  PLLLLLLLLLLLLLEEEEEEEEEEEEEEAAAAAAAAAAAAAAAASSSSSSSSSSSEEEEEE!  Nobody needs to pay for any of this information. Just ask a Realtor, including myself, for a list.  I certainly won't charge you a penny.  I will provide it to you free of charge.  I want more northerners to enjoy summer all year long!

So, come on and make the decision that now is the time to buy that home and, especially, if you are tired of the cold winters up north, you won't regret your decision.  Buy a home, not as an investment in money, but as an investment in yourself.  It's time to have more outdoor time and quality time for yourself and your family.  Florida is the place to do just that.

Posted by

Maggie Langon-Antiposti, Realtor
Coldwell Banker Paradise

Comments (2)

Mark Watterson
Salt Lake City, UT
Utah Real Estate

Wasn't aware Florida was hit that hard.  Hopefully the market will improve in the near term. 

Oct 25, 2009 02:04 AM
Donna Henn

We are serious about purchasing in the near term.  Of coarse 1/2 off is truely a motivator.   Please email or call 9-6 pm CST (Iowa).    319-354-5619   or


Donna Henn

Nov 02, 2009 09:22 AM