(Including Lauderdale By The Sea Condos For Sale)
POMPANO BEACH CONDOS
Condo Foreclosures for sale in Pompano Beach FL Provide a Dream Come True for Many Looking to Purchase in South Florida, but Buyers Should Move Quickly.
The number of condo foreclosures for sale in Pompano Beach FL is down from this time a year ago, but there are still a quite a few wonderful deals available. The condo foreclosure market saw its peak five years ago, but there has consistently been a steady flow of condo foreclosures that are for sale in the City of Pompano Beach. There are currently 13 condo foreclosures for sale in Pompano Beach listed on the MLS, and some of these offer extraordinary buying opportunities.
When there are condos for sale in Pompano Beach that are listed in the MLS as foreclosures, buyers need to be aware that these condos have already gone through the foreclosure process, and each seller, which is usually a bank or loan servicer that is representing a bank which owns the property, is in a position to sell the condo and negotiate the sale, just as any other seller would. The average buyer looking at condo foreclosures for sale believes that these condos should sell for a distressed price, and this may or may not be true. Dependent upon the condition of the condo, along with a few other factors, the seller will still want to get a fair price that is reflective of the condo’s market value, in order to minimize any loss and protect their interests.
For example, if you run a search for condo foreclosures for sale in Pompano Beach, one of the condos that you will find is unit 705 at the Renaissance II Condo, which is located at: 1370 S Ocean Blvd, Pompano Beach. As of April 2015, the seller of this condo for sale is asking $340,000. The condo was originally listed for sale for $389,000 in the MLS back in December 2014, and there have since been several price reductions. So if you were a buyer looking for foreclosure condos for sale in Pompano Beach, you would want to compare this foreclosure condo for sale against other condos for sale in Pompano Beach.
There are other foreclosures for sale in Pompano Beach. For example, if you are looking for a foreclosure for sale in Pompano Beach, there is a condo for sale in the Voyager Condo, which is a 2 bedroom, 2 bath condo with exceptional amenities. The Voyager Condos for sale are located at 2900 NE 14 ST, Pompano Beach FL, and they offer some of the best values around for condos that are for sale on the Intracoastal Waterway in the Pompano Beach area. Located on the west side of the Intracoastal Waterway, all of the Voyager condos for sale in Pompano Beach have Intracoastal views, and depending on which floor that the unit is located, some of the Voyager condos have views of the ocean as well.
The condo foreclosures for sale in Pompano Beach are mostly condos that have been foreclosed within the last 2 years. Taking certain factors into consideration for each condo, lenders may choose to repair a unit, or decide that it is better to sell the condo in as-is condition. This means is that if you are a buyer looking for condo foreclosures for sale, you will need to:
Have a professional inspection company conduct an inspection of the condo.
Inquire with the condo association to confirm the status of condominium assessments, including any special assessments that may be due, or upcoming.
If you are in the market to buy condo foreclosures in Pompano Beach, you will want to make sure you are getting what you bargain for, and Denise Stewart, realtor expert at Keller Williams Realty can help you do just that!
To learn more about condo foreclosures for sale in Pompano Beach, visit: http://www.pompanobeachcondo.com. Click on the Contact Us tab at the top left, and provide your contact information in the form provided. Denise Stewart, realtor and local condo community expert at Keller Williams Realty, will be in touch promptly to provide you with information about the condo foreclosures for sale in Pompano Beach, and how you can take advantage of an amazing opportunity to purchase one. Or call: (954) 303 -8885, to speak with Denise directly. The team at Keller Williams will find you the best value in condo foreclosures for sale in Pompano Beach, or any property on the Gold Coast of Florida!