Fort Myers Foreclosures
Foreclosure listings are a rapidly growing segment of the Fort Myers real estate market. Savvy buyers can often find under-priced homes by searching Fort Myers foreclosed properties. We display all the foreclosed listings in the Greater Fort Myers and the Beach MLS system and update them on a daily basis.
Our site includes foreclosed properties from: Bank of New York; US Bank; Detusche Bank; Wells Fargo; Countrywide; Aurora; Citibank; IndyMac; HSBC; La Salle; Chase; Fifth Third Bank; Washington Mutual; SunTrust; National City; GMAC; Wachovia; BOA; Taylor, Bean & Whitaker; JP Morgan Chase and others.
Foreclosed properties are also commonly referred to as bank owned property, distressed property or real estate owned (REO) property. We are realizing significantly higher closing success with foreclosed listings vs. short sale listings. Banks are not in the business of owning or managing property, and once they foreclose on a home they want to sell it as soon as possible. In a short sale scenario, the original owner is still party to a transaction.
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We are experiencing heavy traffic volumes on the Fort Myers foreclosures section of our site.....if you see a property that catches your eye, please contact us immediately as the best deals tend to attract offers very quickly.
Please enjoy our on-line overview of the the Fort Myers foreclosure listings. When you are ready to visit in person, inquire or call us at 239-464-9929.
Fort Myers foreclosures - updated daily!
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MLS# 201218458
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MLS# 201213621
MLS# 201216910
The data relating to real estate for sale or rent on this website comes in part from the Broker Reciprocity Program (BR Program) of Multiple Listing Service of Greater Fort Myers and the Beach, Inc. Copyright 2012 MLS of Greater Fort Myers and the Beach, Inc. All rights reserved.
Listing information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
Properties Last Updated: May 16th, 2012 at 7:08am
Blog posts tagged foreclosures
Canadians Targeting Fort Myers Real Estate
The Montreal Gazette highlights the significant number of Canadians buying property right now in the State of Florida. In the 12-month period from mid-2010 to mid-2011, 10% of all homes sold in Florida were purchased by Canadians.
Fort Myers Real Estate Prices Going Up
UPI reports that seven of the top ten markets with real estate price increases this year are in Florida. Median prices in the Fort Myers market for August where up a whopping 33% over August 2010.
Foreign Investors Targeting Cape Coral Real Estate
Canadians, Granadians, Australians and Botswanians (maybe not but it rhymes!) and residents of the entire global community are targeting our very own Cape Coral as a place to invest in real estate. As covered by Wink News, Trulia recently reported that Cape Coral was the third most popular US city after Los Angles and New York for foreign investment. This is quite remarkable as Cape Coral and its 154,000 residents is dwarfed by New York and its population of around 8 million and LA with just under 4 million citizens.
Real Estate Investors Targeting Cape Coral
While no one is going to confuse the current market with the investor insanity of 2005 and 2006, there is a growing buzz of investor activity in the Fort Myers area market. Many of these investors are targeting distressed single-family homes that need some spiffing to be resold to a traditional buyers.
Fort Myers Real Estate Market Jumps Back Over Shark
The IV has been pulled and the hospital gown is gone as the Fort Myers real estate market passed a monumental recovery milestone last month. For the first time in over two years, more than half of our sales were conventional transactions rather than distressed short sales or foreclosures.
Free Cape Coral Foreclosure Listings
Over the past few years, Cape Coral has been one of the areas in the nation with high rates of foreclosures. This foreclosure phenomena can be attributed to significant speculative investing during the real estate boom years.
Foreclosure Rocket Docket Architect Interviewed
DailyFinance has an interesting interview with Lee County Clerk of Courts Charlie Green, the architect of our controversial foreclosure rocket docket. The purpose of the rocket docket was to rapidly move the mound of foreclosures in Lee County through the legal system.