A short sale is a real estate sale in which the proceeds are less than the balance owed on the property’s loan. It often occurs when a borrower cannot pay the mortgage on their property, and the lender decides that selling the property at a moderate loss is better than pursuing the current debtor. Both parties consent to the short sale process, because it allows them to avoid foreclosure which involves hefty fees for the bank and poorer credit rating for the borrower. These sales can take time to complete.

A bank foreclosed property, also referred to as Real Estate Owned (REO) properties represent great opportunities to acquire real estate at prices well below market value. If a homeowner falls behind on his or her mortgage payments, the lender - usually a financial institution like a bank - will initiate foreclosure proceedings on the property. If during this time the homeowner and bank cannot work out a deal to bring the loan up to date, the property will be put up for sale through a realtor or  third-party marketing company. Because banks are in the money lending business not the real estate business they want to sell as quickly as possible. Banks are not very concerned with making a profit, they just want their money back. In Florida the bank foreclosed properties that we specialize in sell extremely quickly and we have found that we cannot advertise a property and find a buyer before it sells, therefore we have devised our bespoke buying program, this is the only way to take advantage of the fantastic opportunities that are available in Florida at the moment.

When buying a property in Florida you are buying at the bottom of the market, after the most enormous price drops since the peak of the market in 2005, so it is safe to presume there will be substantial capital growth once the market recovers, as it inevitably will. We can provide properties from $35,000, in areas of high rental demand, that will return up to $15% net per annum, please look our Property Sales Pages for examples.

As well as purchasing properties  for investment purposes you also have the option of purchasing a property as a holiday home for your own exclusive use, or to rent out as short term holiday lets. Whatever the choice,  the property management company will maintain your investment for you. You can benefit from fantastic capital growth on your investment at the same time as enjoying it as a holiday home for your family and friends.