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The number of foreclosures
in Tampa Bay grows day by day, and so does banks' inventory
of repossessed homes. Since banks are not in business
of real estate investment, they look for ways to rid
of these homes as quickly as they can to clean up their
books. Banks loss equals investor's gain! Banks' eagerness
to sell results in nice discounts of 10-25% on oftentimes
good homes in good neighborhoods.
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We formed relationships with companies
who help banks sell repossessed properties, and we can
present these incredible deals on Tampa homes to you.
Here are some examples of recent deals:
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Bedrooms:
4 Baths: 2
2,582 sq. ft. Year Built:
2004
Pool: No Subdivision:
Seven Oaks City:
Wesley Chapel
Comparable homes sell at: $295,500
- $369,900
Market Value: $315,000
Asking Price: $228,000
Equity: $87,000
Description: BANK-OWNED/REO. This home is a
Brookland floor plan located in the
prestigious subdivision of Seven Oaks. Enjoy
the conservation full of wildlife in back or
the park out front! As a resident of Seven Oaks
you will be able to take advantage of the numerous
amenities at the resort-style Community Center.
Enjoy the 4 pool areas, tennis, basketball and
sand volleyball courts, as well as a soccer
field, fitness center and bike path!
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Bedrooms:
3 Baths: 3
2,652 sq. ft. Year Built:
2005
Pool: No Subdivision:
Ballantrae City:
Land O Lakes
Comparable homes sell at: $280,000
- $369,900
Market Value: $280,000
Asking Price: $200,000
Equity: $80,000
Description: BANK-OWNED/REO. Beautiful 2-story
waterfront home built in 2005. Spacious 3 bedroom
with full bath downstairs. Upgraded tile and
carpet. Island kitchen with snack bar. One of
largest waterfront lots in newly built
Ballantrae subdivision. Come home to serenity
looking out at the pond or fish from the back
yard.
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Bedrooms:
3 Baths: 2
1,364 sq. ft. Year Built:
1987
Pool: No Subdivision:
River Crossing City:
New Port Richey
Comparable homes sell at: $165,000
- $199,900
Market Value: $155,000
Asking Price: $114,000
Equity: $41,000
Description: BANK-OWNED/REO. Charming 3 bedroom,
split, great floor plan located a desirable
neighborhood that is convenient to everything.
Super-sized bedrooms and walk-in closets. Corner
lot with room for a pool.
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Bedrooms:
5 Baths: 5
4,885 sq. ft. Year Built:
1995
Pool: Yes Subdivision:
Gulf Harbors Sea Forest
City: New Port Richey
Comparable homes sell at: $639,900
- $739,500
Market Value: $720,000
Asking Price: $590,000
Equity: $130,000
Description: BANK-OWNED/REO. Very spacious
waterfront home
with all the amenities and touches. Has 3 levels
with pool and features gourmet kitchen, double-sided
fireplace. Huge master bedroom on 3rd floor
with breathtaking water views.
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