Foreclosure

foreclosureBank Repossessions, Bank Owned Homes, Foreclosures and
Cheap Homes in Orlando, Florida

Here at Warner Quinlan we have had a lot of interest in the bank repossession / bank owned properties lately and there are certainly some great deals available but buyers need to be aware of a number of points.

Once the foreclosure process has been completed the property the bank has repossessed is released back onto the market for a set period of time. The bank will then look at all of the offers received during this period before deciding which one to accept.

Buyers need to be aware they sometimes need to bid higher than the list price to get the deal and that even if they bid the highest this does not always mean they will be approved for the sale as somebody else may have put a cash offer in which would put them in a stronger position to close sooner. As the old saying goes – 'cash is king'.

Foreclosure Prevention

If you are looking to prevent a foreclosure then contact me as I am Short Sale and Foreclosure Certified by the National Association of REALTORS

For a no obligation and confidential discussion on foreclosures please complete the form below: