I am browsing this foreclosure site in 33019 for condos in H.B, 12 of them (REO) bank owned $1,000. Another $47,100 @ 2200S Ocean intersects Iris Ter.

Asked by Mandy Monsour, Hollywood Beach - Quadoman, Hollywood, FL Tue Apr 20, 2010

I am interested in anything in that area especially the one $47,100 sounds more reasonable than the $1,000 ones. Can you please explain. I want to pay cash and anything around that area for less than $50K, I am ready to purchase. Thanks. M Monsour 613-820-2699

Help the community by answering this question:

+ web reference
Web reference:


Alma Kee, Agent, Tampa, FL
Wed Apr 21, 2010
Dear Mandy,

If you want to see what "actual" listing prices are to get a feel for what you can buy for $50k, go to http://www.Realtor.com and input the city or zip.

The "lis pendens" listings by RealtyTrac are not asking prices. It's a bit misleading and they are just trying to get unsuspecting buyers to subscribe to their "foreclosure listing" services.
0 votes
Nicole Marks…, Agent, Boca Raton, FL
Tue Apr 20, 2010
Hello, Mandy. The $1,000 properties you are referring to are probably an initial deposit. Yes, I agree with you in that $47,100 does sound more reasonable. I am able to help you with this transaction. I will call you tomorrow.

I look forward to speaking with you soon.

Nicole Mason, Realtor
Web Reference:  http://www.buysellboca.com
0 votes
Search Advice
Ask our community a question

Email me when…

Learn more