It is amazing what a difference a clean pool can make in the eyes of a buyer. theBESTeam at Acquired Realty & Investments in West Palm Beach, FL deals exclusively in REO bank owned properties.
When we are first assigned a new bank foreclosure property with a pool, we almost always need to have it cleaned or repaired. Let's face it, a pool with sparkling clear water is much more marketable than a debris filled swamp water cesspool.
Below are a two pictures that document the pool restoration process:
(We pulled two bed frames, a cabinet, flower pots, bricks and a concrete block from the bottom of this murky abyss)
It is clear (pun intended), what a tremendous difference a simple pool cleaning can make from a marketability standpoint. As you can see, the date on the last picture is 11/13/2010, which is the date when the pool work was completed. This property was listed on 11/4/2010. The property went under contract on 11/15/2010 and there is no question in our minds that the clean pool helped facilitate this.
In the last 6 months, theBESTeam has closed over 100 bank foreclosures in Palm Beach County. It's all about marketing, and we understand the importance of this to the fullest extent.
Visit us at theBESTeam.com for our full inventory of REO properties.