“There’s a lot of bargain-hunting going on right now. Florida is one of the harder-hit states as far as the values dropping. Orlando is probably one of the harder-hit areas in Florida. It’s more transient, and there was a lot more speculation in the ’04-’05-’06 time frame.”
– Foreclosure.com Director of Real Estate Owned (REO), Glen Daniels, shares his expert thoughts with the Orlando Sentinel on the foreclosure situation and real estate market in Florida. To check out Florida foreclosed homes and amazing deals click here.
This is a great post that shows how people can turn this seemingly disastrous situation around. You’re not the only one in foreclosure! Many have already lost their homes to the bank and since banks are not in the home ownership business they are willing to sell off these homes way below market value. This post shows how foreclosed homes are an amazing deal, and everyone can take advantage of this.
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