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: | 3 |
| Average Price: | $336,567 |
| Highest Price: | $439,900 |
| Lowest Price: | $179,900 |
| Average Size: | 1,336 ft² |
| Average Price Per Square Foot: | $249 per ft² |
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6263 Riverwalk Lane #5, Jupiter, FL - $389,900
Well Maintained 3 Bedroom, 2 1/2 Bath Townhome With Fenced-in Patio Overlooking Tennis And Pickleball Courts. Stainless Steel Appliances, Neutral Colors Throughout. 'a-rated' Jupiter Schools.
Coldwell Banker Realty
142 Ocean Cove Dr, Jupiter, FL - $439,900
Amazing Location - 2 Bedroom, 2-1/2 Bath, Corner Unit Townhome, Perfectly Located In The Heart Of Jupiter. Enjoy This Small, Private Community That Backs Up To Carlin Park And Is Within Walking Distance To The Beautiful Jupiter Beaches. Features I...
Jupiter By the Sea Realty Inc
3063 Grove Rd, Palm Beach Gardens, FL - $179,900
This Home Is Calling For An Investor Or A New Owner Ready To Renovate And Explore All The Possibilites. This 2/2 Home Has A Carport, Inground Pool, Storage And A Spacious Backyard That Can Be Expanded And Turned Into A Garden Oasis. Driveby Only, ...
Vylla Home
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Listing information last updated on November 30th, 2022 at 12:30am EST.
