Lenders can foreclose Florida Keys homes for other reasons, but the most common reason lenders file a notice of default is when a borrower is at least two payments behind.
If the Fl Keys home owner does not bring the loan current, the lender will take the property away from the owner. In the final step of the foreclosure process, the lender tries to auction the property at a public sale.
Not all Florida Keys foreclosures that fall into foreclosure go to public sale because owners have the right to make up back payments up to a point, the time which varies from state to state. Also the property can be bought in pre-foreclosure during the short sale process.
Real estate investors and home buyers see profit in buying foreclosures because they can often buy the property for the amount owed, picking up the home owner's equity for free.
Unlike a foreclosure, investors typically buy the home for even less because investors are not paying off the existing loan nor making up the back payments. Investors are striking a deal with the existing lender to take less than what the lender has coming to avoid dealing with a foreclosure.
It's a myth that lenders are not going to make a deal with an investor unless the seller has fallen behind on the seller's obligation to make timely mortgage payments. Sellers don't need to be in default for a short sale to occur. For a buyer who wants to occupy the home, buying a Florida Keys short sale makes financial sense.
Buying a Florida Keys REO is similar to buying a Florida Keys short sale except the property is already owned by the lender. The property was acquired by the lender through a foreclosure action. Often lenders will sell repossessed homes for less than the past loan balance. Bank-owned properties are called REOs, meaning real estate owned by the lender. Banks end up owning the property when nobody at the public auction bid enough to cover the amount owed against the property. Florida Keys REO homes are often considered the best way to buy a distressed property because the seller is already out of the picture. It's just the Florida Keys investor, the investor's agent, the bank and the real estate agent who are negotiating the transaction. Some Florida Keys Bank Owned REOs can be purchased directly from the lender although it is highly recommended to buy any real estate property through a Florida Keys real estate agent to protect the buyers interest and negotiate the best possible price.
Location, Location, Jolly Rogers Estate OPEN WATER!! Beautiful open water & sunrise views from this 4 bedroom 3 bath home. New Kitchen with granite counter tops, Viking stainless steel appliances. New Bamboo flooring. Enjoy your large open porch over looking the Bay. For your getaway second floor has private balcony. Two Boat lifts, POOL, Tropical Landscaping, brick pavers. Must See! Florida Keys Real Estate and Homes For Sale.
Extraordinary location! One of 12 direct oceanfront homes on 3.3 acres on Lower Matecumbe. Spacious home with unparalleled views offering exceptional quality throughout. Tarpon Point features the most advanced building technologies while still offering the charm of an Old Keys style setting. Come visit today and see why this is such a rare opportunity! Florida Keys Real Estate and Homes For Sale.
Beautiful 4 bdrm, 3 bth plus office or nursery. CBS waterfront pool home with 70 ft. of concrete dockage, 12,500 lb boat lift and shore power. Second floor features an open floor plan with living room, dining room & kitchen, 2 bdrms & 1 bthrms with steam shower. Florida Keys Real Estate and Homes For Sale.
This magnificent property offers over 2 acres directly on the ocean with a beach. Completely private yet located in the heart of Islamorada with 2 quaint homes that have been meticulously kept offering 2 bedrooms, 2.5 baths, garage, work shop and breath taking views of the Atlantic ocean. The sparkling swimming pool has been completely refinished & has all new equipment. A must see! Florida Keys Real Estate and Homes For Sale.
Dramatic high ceilings and sparkling tile are just a couple of the extras found in this beautifully decorated CBS home in prestigious Port Antigua. Floor plan offers bay views from the living, dining and kitchen areas. Deep water dockage with boat lift and davits. Incredible view of the bay from the roof top deck. Community boat ramp and gated homeowner's park with white sugar sand beach. Florida Keys Real Estate and Homes For Sale.
Quintessential beach house! Breathtaking views and breezes from expansive balconies directly on the Atlantic Ocean. Open, spacious living areas, loft for extra guests, storage downstairs for your toys, and that easy feel that you look for when getting away from it all. Gated, bring the dogs, the kids, or no one and enjoy your beach house today! Florida Keys Real Estate and Homes For Sale.
Florida Keys Elegant House on Boot Key Harbour. 3BD/3.5 BA, D'Asign Source construction, state of the art interior decor!, pool, spa, overlooking the crystal clear water and blue sky, five boat slips, 18 ft high ceiling, impact windows, granite counter top, travertine marble in great room, living, dining and kitchen, bedrooms are carpet. No Sign on property. Call and make your appointment Florida Keys Real Estate and Homes For Sale.
''As good as it gets'' this contemporary 4B/4.5Bath home in KCB. Only the finest materials used to create this masterpeice of modern architecture warmed by the use of dark woods. 30' ceilings in the living room, bar and separate wine cellar holding 1000 bottles,gourmet kitchen,exquisite master suite, Unbelievable glass stairs, elevator, Pool, spa/wading pool facing Atlantic,/Dockage W/ Elevator Florida Keys Real Estate and Homes For Sale.
GORGEOUS BRAND NEW BAYFRONT HOME IN PRESTIGIOUS BUCCANEER POINT!! You will truly enjoy the beautiful bayviews and what the Florida Keys are all about!Buy now and pick out all the details! Florida Keys Real Estate and Homes For Sale.
PANORAMIC OPEN WATER VIEWS right from your roof top balcony! Just seconds todeep water access, flow through swimming canal. This 3BD/2BA Summerland Cove home offers: cathedral ceilings, open floor plan, beautiful landscaping,and Over 800sqft of porches. Come preview your new home today! Florida Keys Real Estate and Homes For Sale.
Barefoot on your beach, Absolutely spectacular Ocean Front Key West style home. Stunning open water views from your Master Bedroom, bath and extensive private sunset porch. Soaring ceilings and porches everywhere. Dockage for your boat and a hanger for your personal seaplane. A 4 car garage with additional room for your motorhome and boat. 4 bedrooms, 3 baths and two fireplaces. This is the one. Florida Keys Real Estate and Homes For Sale.
The gated community of Bonefish Bay at its finest! The distinctive Key West style with large verandas, Old Chicago brick patio and walkways, and grand vistas of the beach and bay hallmark this quality home. Top-of-the-line appliances, finishes & furnishings, 10' ceilings, French doors, a pool & spa, garage, separate guest quarters are among the many features. Great rental income! Florida Keys Real Estate and Homes For Sale.
Unique custom built 4 bedroom ALL CONCRETE home with 2 docks and 410' on Dodge Lake. Gated, covered parking for 4+ cars, pavered drive, 2 cisterns, Could possibly be changed to commercial property. OWNER SAYS BRING HIM AN OFFER!!! Florida Keys Real Estate and Homes For Sale.
This may be the Boater's Dream Home you have been searching for! Well laid out floor plan, house well placed on East-facing lot & will easily accomodate a pool, covered carport, plus one car garage and even has an elevator. Walk around balcony upstairs and a comfortable porch over-looking a wide Key Colony Beach Canal. 1789 sq ft upstairs. Florida Keys Real Estate and Homes For Sale.
The landscaping is indicative of the quality inside. Just 4 homes from the creek, the large screened patio allows for comfortable outdoor living or entertaining with views of Snake Creek. ALL POURED CONCRETE! Walls, roof etc. Photos available. Quality was the number one priority during the original construction and renovations. A must see for those who appreciate the best. Florida Keys Real Estate and Homes For Sale.
STUNNING BAYFRONT ESTATE OFFERING OVER 500 FEET OF WATERFRONT. LOCATED ON PRIVATE POINT AT THE END OF SAPODILLA DRIVE, GATED ESTATE WITH EXPANSIVE LIVING AREA, INFINITY POOL/SPA, TWO 2 CAR GARAGES, EXTENSIVE LANDSCAPING, PROTECTED DEEP WATER DOCKAGE, AND FINISHED WITH ALL TOP OF THE LINE AMMENITIES. PHOTO CD AVAILABLE UPON REQUEST. Florida Keys Real Estate and Homes For Sale.
Beautiful, brand new construction of 2560 sq ft solid concrete home. Outstanding boating, deep water point lot. Beautiful porches throughout and a 1400 sq ft roof top deck with panoramic open water view. Absolutely a one of a kind and stunning home. Seconds to open water. Must see to appreciate. Florida Keys Real Estate and Homes For Sale.
Fabulous Florida Keys Waterfront Home - 4 bedrooms, 3 baths, 2,677 sq ft of living area, 10,000 sq ft lot and 100 ft of concrete dockage. Instant bay access and minutes to the ocean. CBS construction including roof. Gorgeous waterviews from the roof top deck! Being offered furnished. Come and experience the peacful tranquility in Safety Harbor - Islamorada, FL. Florida Keys Real Estate and Homes For Sale.
Bayfront home with beautiful open water views. The house has 2 bedrooms on the main level with a large open porch to enjoy the spectacular view. A non-conforming 1 bedroom apartment on the ground level ensures privacy for your guests. Nice dock with a boatlift and a smaller lift for the jet ski. Large back yard with a jacuzzi for relaxation. The home comes fully furnished and is move-in ready. Florida Keys Real Estate and Homes For Sale.
Imagine yourself on a hammock on your own private beach overlooking the ocean in the Florida Keys. Don't imagine it, live it! This home offers a private sandy beach, private pond at front entrance, along with private deep water canal for easy ocean access.There is also a guest house that has a transient license. The home has been being used as a B&B. Florida Keys Real Estate and Homes For Sale.
GULF FRONT, Sunset views all year! 260 feet of boulder riprap shoreline plus dockage with ability to extend.Two acres of land that adjoins Sunset Park.Very secluded and extremely private!Completely fenced.Two level home.1st level has rec room & bath, 2nd level has 3 bedrooms, 2 baths.Swimming pool.Garage/workshop.Sold in ''AS IS'' condition with right to inspect. Florida Keys Real Estate and Homes For Sale.
Spectacular Open Water Views! Private location with all the amenities of a modern Luxury Home. Stunning 3 Story custom built home is over 9000 sf w 5835 sf under air. It features a personal Gym, Sauna & Steam rooms. Over 375' of waterfront. Tropical Landscaping with a Beach Entry Pool and Outdoor Kitchen. Don't forget all the dockage for your Boats. Please see more details in the Document Folder. Florida Keys Real Estate and Homes For Sale.
Newly Built with 115Ft of Bay Frontage.Enjoy the bay views from most of the rooms in this delightful and beautiful all concrete home. Interior features include a new wood kitchen, granite counter tops,marble floors and elevator. Impact windows and large covered balconies overlooking the bay. Florida Keys Real Estate and Homes For Sale.
This home has it all! Luxury elegance, Granite and stainless, fantastic water access. This is the ultimate! Completely renovated, everything brand new-two of everything. Ideal home for a large extended family or a home for two families to share. 2 seperate living areas with two kithcens, 2 bedrooms and 1 bath on each level w/ seperate entries. Professionally landscaped. This is a 'Talking House'. Florida Keys Real Estate and Homes For Sale.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys Board of Realtors Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than (Shoreline Properties) are marked with the MLS Log and detailed information about them included the name of the listing brokers office.
