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 Broward County Real Estate Agents Jelena Panfilova and Branon A. Edwards
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Jelena Panfilova
Broker-Associate
Licensed Florida Real Estate Sales Associate

Direct Phone: 786-417-4911
Jelena@InvestFloridaRealty.com

она говорит по-русски
Branon A. Edwards, e-PRO
Broker
Licensed Florida Realtor®

Direct Phone: 786-417-4910
Branon@InvestFloridaRealty.com

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Aqualand Realty, Inc
8359 Stringfellow Road
Saint James City, FL 33956 USA

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786-524-5747

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    broward lee miami-dade hendry county fl


    Talking House marketing
    FORECLOSURES AND SHORT SALES
    Click Here for Property Lists

    Florida, like most of America, is experiencing a high number of foreclosures. Unfortunately, many investors and even just regular home owners bought into exotic mortgage products with low initial 'teaser' rates. Even more unfortunate, is that many of these folks either didn't understand the mechanics of how their mortgages worked, especially with regard to the recalculating of the mortgage payment once the teaser rate expired. Once these loans adjusted, the minimum payments sometimes doubled or even tripled and led to financial difficulties and in many cases, foreclosure and bankruptcy.

    There is presently an epidemic of these situations and banks are foreclosing on a record number of homes every month. Banks are in the business of lending money, not in the business of owning and maintaining real estate, and given the ever increasing inventory of repossessed homes, many banks are anxious to liquidate these properties - even if it means taking a huge loss and selling the property for less than the present mortgage balance. This process is called a 'short sale'.

    Short Sales and Foreclosures are a regular part of the Florida real estate market presently, and we're finding some amazing deals. For example, one of our customers is negotiating the purchase of a one-bedroom/one-bath luxury oceanfront condominium in Hollywood Beach. The condo is located in a newly renovated building with fantastic amenities. It has amazing ocean and intracoastal views, new tile, new kitchen cabinets, granite counters, and more. The original owner paid $405,000 for the condo in April of 2006. The bank had the property on the market as a short sale for a mere $199,000. The tax value alone on the property is over $340,000! 

    Needless to say, this represents a great opportunity for this particular buyer. Granted, the buyer plans to live in the property for a few years, wait for the market to trend upward again and then sell for a profit. The buyer could just as easily rent out the condo to offset most of the expenses and flip it along the way. Please don't misunderstand, we're not suggesting that you should be buying and flipping properties in this market. While there are certainly situations where this is possible and makes good business sense, the flipping craze was responsible for a lot of these foreclosures in the first place. If you're not a seasoned investor with plenty of capital to play the market, you shouldn't be risking your life savings on a 'maybe' in this market. However, if you've got some investment capital, some patience, and a good plan, now is certainly an excellent time to buy in Florida. We haven't seen a Buyer's Market like this since the early 1980s.

    Please Contact Us Today for More Information about Short Sales and Foreclosures in South Florida

    Here's just a sampling of some of the short sales and foreclosures presently available, of course, inventory is subject to change literally on a hour-by-hour basis as investors pick up these bargains:

    As of 03/12/08, there were 44 Short Sales of waterfront condominiums just in Hollywood, Florida's 33019 zip code listed for sale!

    Please Note, This is Just a Sampling of Properties on the Market
    Condo Building
    Waterfront?
    Beds/Baths
    Originally Paid
    or Tax Value
    Current Asking
    Price
    Allington Towers
    Yes
    2/2
    $333,000
    $175,000
    The Tides
    Yes
    1/1
    $350,000
    $184,000
    The Wave
    Yes
    Studio
    $280,000
    $190,000
    Brittania @ Quadomain
    Yes
    1/1
    $296,000
    $199,000
    The Tides
    Yes
    1/1
    $345,900
    $219,900
    The Tides
    Yes
    1/1
    $345,900
    $219,900
    Parker Plaza
    Yes
    1/1.5
    $310,000
    $239,000
    Allington Towers
    Yes
    2/2
    $320,000
    $259,000
    Alexander Towers
    Yes
    1/1
    $340,000
    $259,900
    The Tides
    Yes
    1/1
    $402,000
    $259,900
    Parker Tower
    Yes
    1/1
    $422,000
    $274,900
    The Tides
    Yes
    1/1.5
    $400,900
    $298,000
    The Wave
    Yes
    1/1.5
    $415,000
    $319,999
    Beach Club 2
    Yes
    1/1
    $419,000
    $360,000
    The Tides
    Yes
    2/2
    $525,900
    $395,000
    Sian
    Yes
    2/2
    $570,900
    $429,900
    Hemispheres
    Yes
    2/2
    $580,000
    $460,000
    Beach Club 3
    Yes
    2/2
    $800,000
    $520,000
    Ocean Palm
    Yes
    2/3
    $800,000
    $680,000

    Please Contact Us Today for More Information about Short Sales and Foreclosures in South Florida

    Ocean Acess Waterfront Homes
    Address
    City
    Waterfront with
    Ocean Access
    Beds/Baths
    Originally Paid
    or Tax Value
    Current Asking Price
    3081 SW 47th St
    Dania
    Yes
    3/2
    $481,540
    $330,000
    1307 SW 9th Ave
    Ft Lauderdale
    Yes
    3/2
    $560,000
    $375,000
    5890 NE 14th Rd
    Ft Lauderdale
    Yes
    3/2
    $620,000
    $385,000
    2530 Key Largo Ln
    Ft Lauderdale
    Yes
    3/2
    $608,370
    $495,000
    1207 SW 17th St
    Ft Lauderdale
    Yes
    3/2
    $727,500
    $499,000
    341 SE 6th Terr
    Pompano Beach
    Yes
    3/2
    $730,000
    $559,000
    2130 NE 30th St
    Lighthouse Point
    Yes
    3/2
    $1,300,000
    $599,000
    2349 SE 12th St
    Pompano Beach
    Yes
    3/1.5
    $825,000
    $600,000
    710 SE 5th Terr
    Pompano Beach
    Yes
    3/2
    $785,000
    $649,000
    2121 NE 32nd St
    Lighthouse Point
    Yes
    3/2
    $900,000
    $679,000
    475 NE 8th Ave
    Deerfield Beach
    Yes
    3/2
    $870,000
    $795,000
    1513 SE 13th St
    Deerfield Beach
    Yes
    3/2
    $959,000
    $842,000
    857 SE 19th Ave
    Deerfield Beach
    Yes
    3/2
    $1,262,500
    $1,099,000

    Please Contact Us Today for More Information about Short Sales and Foreclosures in South Florida

    Homes in Sought-After Neighborhoods
    Address
    Neighborhood
    City
    Beds/Baths
    Originally Paid
    or Tax Value
    Current Asking
    Price
    3417 Foxcroft Rd
    Miramar Club
    Miramar
    3/2.5
    $285,000
    $189,900
    3045 Tara Rd
    The Knolls
    Miramar
    3/2
    $270,000
    $199,999
    6745 Camelia Dr
    Miramar Isles
    Miramar
    3/2
    $310,000
    $200,000
    3164 SW 176th Way
    Silver Lakes
    Miramar
    3/2
    $335,000
    $245,000
    18433 NW 22nd St
    Dimensions North at Chapel Trail
    Pembroke Pines
    3/2.5
    $386,500
    $279,900
    5320 SW 117th Terr
    Tamarind at Flamingo Gardens
    Cooper City
    4/2
    $395,000
    $280,000
    5371 SW 155th Ave
    Riviera Isles at Sorrento
    Miramar
    3/2.5
    $418,000
    $294,999
    1761 NW 109th Ave
    Pembroke Lakes
    Pembroke Pines
    3/2
    $411,950
    $298,892
    7518 NW 17th Dr
    Walnut Creek
    Pembroke Pines
    4/2
    $372,340
    $299,000
    4631 SW 126th Ave
    Silver Falls
    Miramar
    3/2.5
    $412,000
    $299,900
    15370 NW 6th Ct
    Towngate
    Pembroke Pines
    4/2.5
    $495,000
    $300,000
    401 SW 176th Ave
    Silver Lakes
    Pembroke Pines
    4/2
    $418,860
    $319,000
    1305 NW 159th Ln
    Towngate
    Pembroke Pines
    4/2.5
    $428,000
    $323,500
    17788 SW 20th St
    Silver Lakes
    Miramar
    4/2.5
    $515,000
    $327,500
    3816 SW 164th Terr
    Nautica
    Miramar
    3/2.5
    $439,900
    $330,000
    14811 SW 20th St
    Silver Shores
    Miramar
    4/2.5
    $560,000
    $339,000
    4965 SW 164th Ave
    Riviera Isles
    Miramar
    4/3
    $500,000
    $349,000
    2169 NW 75th Way
    Walnut Creek
    Weston
    4/3
    $450,000
    $354,900
    806 Golden Cane Dr
    Weston
    Weston
    3/2
    $491,970
    $389,900
    3390 SW 147th Ave
    Windsor Palms
    Miramar
    4/3
    $626,080
    $464,000
    1117 Creekford Dr
    Country Isles, Tequesta Point
    Weston
    4/2.5
    $581,380
    $469,000
    14154 SW 54th St
    Escada at Viscaya
    Miramar
    5/3.5
    $578,000
    $475,900
    15882 SW 51st St
    Riviera Isles
    Miramar
    5/4
    $699,000
    $480,000
    13813 NW 10th Ct
    Pembroke Falls
    Pembroke Pines
    5/4.5
    $700,000
    $485,000
    15953 SW 5th St
    Pasadena at Pembroke Shores
    Pembroke Pines
    5/3
    $750,000
    $495,000
    12669 NW 18th Manor
    Pembroke Falls
    Pembroke Pines
    4/3
    $900,000
    $499,999
    16896 SW 51st St
    Riviera Isles
    Miramar
    5/3
    $674,370
    $524,900
    13777 NW 19th St
    Pembroke Falls
    Pembroke Pines
    4/4.5
    $850,000
    $590,000
    19323 SW 39th St
    Sunset Lakes
    Miramar
    5/3.5
    $782,850
    $615,000
    3182 SW 189th Ave
    Sunset Lakes
    Miramar
    6/5
    $885,000
    $629,900
    13744 NW 18th Ct
    Pembroke Falls
    Pembroke Pines
    5/3.5
    $751,280
    $649,900
    4544 SW 195th Way
    Sunset Lakes
    Miramar
    5/4.5
    $960,000
    $800,000
    4137 SW 195th Terr
    Sunset Lakes
    Miramar
    6/4.5
    $1,055,000
    $850,000


    Please Contact Us Today for More Information about Short Sales and Foreclosures in South Florida

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    Miami Realtor Contact Information:
     
    Jelena Panfilova

    Branon A. Edwards, e-PRO
    Licensed Florida Realtor®

    Jelena Direct: 786-417-4911
    Jelena@InvestFloridaRealty.com

    Branon Direct: 786-417-4910
    Branon@InvestFloridaRealty.com

    Private Fax: 
    786-524-5747
    Office Contact Information:

    Aqualand Realty, Inc
    8359 Stringfellow Road
    Saint James City, FL 33956 USA


    Fax: 786-524-5747

    Thank you for the opportunity
    to EARN your business.
    Copyright 2004-2007.  All rights reserved.  Branon A. Edwards, Miami, Florida.
    No part of this website may be reproduced without express written permission from Branon A. Edwards.
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    Branon A. Edwards and Jelena Panfilova are licensed Florida real estate agents with Aqualand Realty, Inc with a primary office located on Stringfellow Road in Saint James City, Florida. We specialize in waterfront, luxury, and investment properties - Miami Real Estate, Miami Beach Real Estate, Key Biscayne Real Estate, Aventura Real Estate, Sunny Isles Beach Real Estate, Golden Beach Real Estate, North Miami Beach Real Estate, Hallandale Beach Real Estate, Miami Shores Real Estate, the Miami Design District Real Estate, Miami Arts District Real Estate, Biscayne Corridor Real Estate, and select neighborhoods like Bay Point, Di Lido Island, San Marino Island, San Marco Island, Rivo Alto, Miami Shores, and North Bay Village. We also focus on preconstruction investments such as new luxury highrise condominiums and other new construction.

    Disclaimer:
    The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service. Although the information is believed to be accurate, it is not warranted, and you should not rely upon it without personal verification.

    Thank you for the opportunity to earn your Real Estate Business!