A foreclosure occurs when a homeowner neglects to pay their monthly mortgage, forcing the lender to reclaim the balance of the loan. A short sale results when the lender agrees to accept short of the amount owed on a mortgage. Usually, a short sale is a better alternative for a lien holder than a foreclosure.
If a property does not sell by the process of a short sale or foreclosure, then an REO (Real Estate Owned) occurs, and the bank or government agency will reclaim the property. Distressed properties usually enable a home buyer the ability to purchase real estate for below market value.
| Total Listings: | 1 |
| Average Price: | $334,900 |
| Highest Price: | $334,900 |
| Lowest Price: | $334,900 |
| Average Size: | 1,285 ft² |
| Average Price Per Square Foot: | $261 per ft² |
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5782 Golden Eagle Cir, Palm Beach Gardens, FL - $334,900
Light And Bright Updated 3/2 Townhouse In The Heart Of Palm Beach Gardens. Pet Friendly Community With Walking Trails Around The Peaceful Lake. Vaulted Ceilings, Beautiful Granite Kitchen With Thomasville Cabinets. New Tile In The 40x20 Foot Scre...
Coldwell Banker Realty /Delray Beach
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Listing information last updated on October 22nd, 2021 at 4:46pm EDT.
Disclaimer / Sources: Neighborhood data provided by Onboard Informatics © 2021
