Foreclosure in Tampa>Question Details

Andypsr, Home Buyer in Tampa, FL

who do I contact about purchasing a foreclosure property in Oldsmar Florida?

Asked by Andypsr, Tampa, FL Mon Jan 23, 2012

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Steven J. Pahl’s answer
Andy,

Any of the Tampa and Palm Harbor agents (including myself) who have answered this question can help you, just click on our name next to our picture and then click on "contact me" to send us an email directly or you can click view profile and then access our phone and contact information there.

There are now 7 Bank Owned (REO) properties listed in Oldsmar and another 300+ properties that are either Bank Owned or Short Sale's (selling for less than what is owed) within 5 miles of Oldsmar. One of them is what you are looking for in your next home!

Best of luck in your search, let me know if I can help.
0 votes Thank Flag Link Mon Jan 23, 2012
Hi Andy,

I called our office and they referred and agent in Oldsmar for your. You can call agent Judy Loar, Charles Rutenberg Realty, Phone number 727-510-4749, or send her an email to fldreamhm@aol.com. Give her a call, I was told she was great when it comes to working with homebuyers. I hope she would be to help you find foreclosures in Oldsmar and anywhere else in Pinellas County. Take care.
0 votes Thank Flag Link Mon Jan 23, 2012
There are a few agents that appear to know OLDSMAR and are willing to help you. Contact all of them and then work with just ONE. If you are ready to BUY- Hopefully you are an all cash buyer, or are fully and unconditionally pre-approved for financing. Most "bargains" are not lacking plenty of potential buyers!

Below is a link to OLDSMAR brokers and agents to review;

※ WATERWAY REALTY, REALTORS® ※ MIAMI & THE BEACHES
✤ Join Us on #EAv @EmpireAvenue ♦ http://bit.ly/x1XRgj ♦
Miami Property Search ~ http://on.fb.me/ADLVGz ✤
Follow Us at http://fullyfollow.me/wtwy ✤
0 votes Thank Flag Link Mon Jan 23, 2012
Hi Andy,

There are currently 5 Bank Owned properties that are appearing as available for you to buy in Oldsmar:

http://mfr.mlxchange.com/DotNet/Pub/EmailView.aspx?r=1561039…

There are also Pre-foreclosure, Short Sales that have an approved seller and sale price that you can actually buy at the asking price.

Also there are Pre-Foreclosure, Short Sales that may have a list price that is not possible once the lender does their appraisal. You see, unless a Short Sale's price and Seller have been approved, there is no way to be 100% certain how low of a price you can buy it.

You're welcome to "browse Like A Realtor" on my website if you're not already working with a Realtor:

http://www.SoldOnTampa.com

All the best,
Alma
Alma Rose Kee, PA
Future Home Reatly
Westchase Office (close to Oldsmar)
813.244.9898
http://www.SoldOnTampa.com
0 votes Thank Flag Link Mon Jan 23, 2012
Hi Andypsr,

I live near Oldsmar , I can help you with purchasing a property if you have one in mind already. Hopefully its still available. Contact me so we can chat and see what we can do to help you. FYI Never contact the listing agent,remember they work for the seller. Buying a foreclosure property can be easy or can be a nightmare.Always depends on your representation and the bank we have to deal with. Lets talk about it,Give me a call at 813-381-0067 Ben or e-mail Ben.suarez31@gmail.com
0 votes Thank Flag Link Mon Jan 23, 2012
Andypsr, If you are seeking a true foreclosure, then these properties are sold at the court house. The auction is open to the public. You would have to register to bid at the time of sale. You can check online at the clerk of circuit court to the corresponding county as to which properties and when they are slated for sale. Keep in mind that the bidding will be competitve, you will not be able to walk through the property prior to bidding, any outstanding liens, judgments, UCC liens etc will be attached to the property and carry through to the new owner, thus a title search prior to bidding would be wise. If you win the bid, at the end of the business day you will have to pay in full the amount of your winning bid. As a member of the public you can attend an auction on your own.

If you are asking for a bank owned property also known as an REO (real estate owned) these are listed on the MLS. You could search for a property with an agent or like an agent with a Listingbook account. You could sign up (for free) at our website. If you are seeking a bank owned property you would be best served to get your self pre approved for a mortgage. Some loan programs work with bank owned and others do not.

Your next step would be to clarify what you are looking to buy. Sometimes a traditional sale or even a new home could be a wiser financial choice than a bank owned. You'd have to consider the big picture and what works best for you.

Sincerely,

Lynn Brock
941.313.1234
email@brockrealty-inc.com
0 votes Thank Flag Link Mon Jan 23, 2012
Andy,
Give me a call and we can chat about what you are looking for and how best to find it.
Annette Lawrence
Broker/associate
ReMax Realtec Group
727. 420. 4041
0 votes Thank Flag Link Mon Jan 23, 2012
Many people I encounter mistakenly refer to bank owned properties as foreclosures. If you are looking to buy a home that has been foreclosed and is currently bank owned, please feel free to call or email and I will send you a list of available properties. I'd also be happy to explain the differences and show you any available homes.

Steve Eckhardt, Broker
Cornerstone Properties & Investments LLC
steve@thefloridaauthority.com
(813) 765-1182
0 votes Thank Flag Link Mon Jan 23, 2012
Not sure what you mean by a foreclosure property. Foreclosure is a process to turn ownership from the owner to another party after a mortgage default. Once it goes through the process it is no longer a foreclosure home and often becomes a bank owned or REO home. If you are talking a real foreclosure then they auction them at the county courthouse to the highest cash bidder, often the bank buys it back. Then it becomes a bank owned home and the bank places it on the mls for sale with a Realtor. At this point is is not a foreclosure but could be called a home that was foreclosed, but it's a REO now and you can make an offer on it through any Realtor you wish to work with.
0 votes Thank Flag Link Mon Jan 23, 2012
Andy if you have a house in mind, check the posting on the door for who the listing agent is. if you are just starting, you should hire a buyer broker who can assit you through each step of teh bank owned buying process, they should be local, full time, full service and well expereinced in bank owned homes.
Web Reference: http://www.ScottSellsNH.com
0 votes Thank Flag Link Mon Jan 23, 2012
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