Delray Beach homes and townhomes for sale in Preforeclosure

By
Real Estate Agent with Destinations Realty

I have been working pre-foreclosures and short sales quite a bit for the past several months.  One thing I have learned is, no one is immune to financial difficulties.  Many people have contacted me looking for a great deal on a home that is in pre-foreclosure.  Most of these deal seekers assume that only lower priced homes are available. 

Recently I have been helping people find more upscale homes in pre-foreclosure.  I have been assisting people in finding these homes both for nice investments and also as a dream home they never thought they would be able to afford.  At the same time, I have been able to help people get out of a situation in which they would have to foreclose on their home and have their credit ruined for 7 to 10 years.

One community I have begun directing some of these buyers to is The Hamlet Country Club in Delray Beach.  The Hamlet consists of 309 single family homes, 102 condos and townhomes, and 32 villas.  There is currently a nice selection of homes in pre-foreclosure right now.  Just 2 or 3 years ago many of these people thought there would be no way that they could afford a home in the Hamlet.  Well, times have changed.  They realize that if they are ever going to buy in an upscale community such as The Hamlet, then now is the time to do it.  This housing slump will not last much longer and it won't be such a huge buyer's market anymore.

If anyone is interested in buying a pre-foreclosure, make sure you are working with a real estate agent that truly knows the process and has the expertise to deal with the banks.  Real estate agents will have to be able to negotiate a short sale with the bank and if they don't know how to properly do that, the banks will not deal with them.

If you are interested in possibly purchasing a pre-foreclosure or if you are headed for foreclosure yourself, please contact Joe Feldkamp or Dena DeBusk, Esq of the Short Sale Division of Exit-Atlantic Realty at 561-870-4761. 

Hamlet CC       

 

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