Cape Coral Foreclosures
The downturn in the Southwest Florida real estate market has created a significant increase in the number of foreclosures in the area. Often referred to as bank owned, distressed or real estate owned (REO) properties, foreclosures can often be purchased at a significant discount over other listings.
Buying a foreclosed home can be challenging for a number of reasons including delays by banks, damage from previous owner or tenant and problems like mold that emerge as a result of long-term vacancies. Read more about Cape Coral foreclosures.
Cape Coral Foreclosure Homes For Sale
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More About Cape Coral Foreclosures
Cape Coral has an extensive inventory of foreclosed properties available across a wide range of housing types and price ranges. Savvy buyers with realistic expectations can do real well targeting this type of property in Cape Coral. In our experience, Cape Coral foreclosed listings are closing at much higher rates than Cape Coral short sale listings. Foreclosed properties are owned by the bank and the previous owner is completely out of the picture, this is not the case with short sales.
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.
We are experiencing heavy traffic volumes on the Cape Coral 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 Cape Coral foreclosure listings. When you are ready to visit in person, inquire or call us at 239-464-9929.