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: | 2 |
| Average Price: | $287,400 |
| Highest Price: | $369,900 |
| Lowest Price: | $204,900 |
| Average Size: | 1,142 ft² |
| Average Price Per Square Foot: | $253 per ft² |
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3524 Gardens East Dr #b, Palm Beach Gardens, FL - $204,900
Location!! 2bed 1.5 2 Story Townhouse, Large Courtyard. Located Directly Across From Palm Beach Gardens Medical Center. Cedar Gardens Is Located Comfortably To Schools, Shopping Centers And Only Minutes To The Beaches.highest And Best Due Date I...
Real Estate Asset Disp Corp.
2658 Lorraine Ct, North Palm Beach, FL - $369,900
Property Is Being Sold Through Online Auction. Property Is Being Sold Occupied With Any And All Occupants In As Is/where Is Condition. Neither The Seller Nor The Listing Broker Can Verify The Existence Of Any Lease Agreement, Either Written Or Ve...
Bermuda Shorts Real Estate Services Inc
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Listing information last updated on January 15th, 2025 at 10:30pm EST.
