Courthouse Auction
WHY BUY AT THE COURTHOUSE:
The Lee County real estate market is stabilized and on the rebound. There is no better time to purchase property in the Ft Myers, Cape Coral, Fort Myers Beach and Lehigh Acres area!
Our area has one of the highest foreclosure rates in the country, causing property sales prices to reach the undisputable market bottom. The average sales price is down 40-50% from a year ago, making property that was once out of reach to many affordable and causing an upswing of purchases by investors, primary residents, and vacation home buyers. Over the last few months the market has stabilized and shown an increase in prices at the courthouse, which created equity and demand for reasonable priced properties.
Sales indicate that this is the strongest buyer’s market in two decades; and that Florida remains one of the fastest-growing states in the nation. For the first time in many years, Florida property is available for an affordable price. The upward surge has started; buyers are becoming unable to purchase properties without paying full MLS price or more, and must put in multiple offers to purchase a property.
We enable the average person to purchase property directly from the bank at the Courthouse Foreclosure Auction. We provide local expert knowledge and due diligence for each property to help you make prudent buying decisions, DIRECTLY AT THE FORECLOSURE AUCTION. This process provides the most equity on your purchase.
We provide the knowledge in selection and purchase of properties in the foreclosure process. Our experts evaluate each home relative to location, property condition, area market valuations, resale value, and other factors that influence property value. Our purchases are made during the foreclosure sale “On The Courthouse Steps”. We help you purchase properties for pennies on the dollar of the existing mortgage, before the property reaches the local real estate market and receives an additional 20 to 50 percent markup.
Most of the Realtors advertise foreclosure properties are luring clients with the promise of pre-foreclosures, short sales, or already foreclosed homes.
Most of the pre-foreclosures are listed well above the prices of homes in that are in the foreclosure process. Many of the advertised short sales use prices that have not been approved by the banks; a process that usually takes many months for approval, after your offer and deposit has been presented to the bank by the Realtor. Most of the time the property ends up being foreclosed on anyway and you have wasted your time and tied up your deposit money. THE OTHERS ARE SELLING YOU THE PROPERTIES THAT THEY BOUGHT AT THE FORECLOSURE SALE. They are charging you their profit, the repairman’s profit, the Realtors profit, and profit for anyone else involved, sometimes amounting to over twice what was paid for the property at the auction!
THERE IS NO BETTER WAY TO BUY PROPERTIES THAN DURING THE FORECLOSURE SALE THAN ON THE LEE COUNTY COURTHOUSE STEPS!
