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: | 4 |
| Average Price: | $427,450 |
| Highest Price: | $659,900 |
| Lowest Price: | $295,000 |
| Average Size: | 1,335 ft² |
| Average Price Per Square Foot: | $316 per ft² |
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5460 N Ocean Dr #1d, Singer Island, FL - $439,900
Beautiful 2 Bed 2 Bath Unit In The Upscale Seagrape Condo On Singer Island. The Unit Has Been Fully Updated With Partial Ocean Views, Intracoastal, And Overlooks The Resort-style Pool. The Kitchen Features A Brand New Range And Dishwasher. The Tho...
Bermuda Shorts Real Estate Services Inc
132 Lakeshore Dr #1117, North Palm Beach, FL - $315,000
Stunning Waterfront Condo On The Intracoastal Waterway Now Available In North Palm Beach. This Clean 11th Floor Unit Features 1-bedroom, 1.5-bathrooms, And 984 Sq Ft Of Living Space. Spectacular Views Of The Ocean, Intracoastal And Marina Are Visi...
Bermuda Shorts Real Estate Services Inc
740 Duchess Ct, Palm Beach Gardens, FL - $659,900
Beautiful 3-bedroom, 2.5-bathroom Mediterranean-style Home Now Available In The Desirable Evergrene Community Of Palm Beach Gardens. This 2-story Single-family Home Offers 1,910 Sq Ft Of Living Space With A 2-car Garage, A Nice Back Patio, And Bac...
Bermuda Shorts Real Estate Services Inc
20 Yacht Club Dr #403, North Palm Beach, FL - $295,000
Spacious And Functional Fourth Floor Unit Condo With A Stunning Waterfront View Of The Intracoastal Waterway. With 2 Bedrooms, 2 Bathrooms And 1,010 Sq Ft Of Living Space, This Split Floor Plan Unit Is Full Of Potential. The Main Bedroom Features ...
Bermuda Shorts Real Estate Services Inc
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Listing information last updated on January 25th, 2026 at 5:33am EST.
