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Tuesday, February 17, 2009
Florida Repossession Properties Advertised with Full Details
Overseas property portal Property Abroad can now make details available of the many Florida and Orlando repossession properties it has on offer at bargain basement prices. Late last month the portal announced it had been approached about advertising large numbers of repossessed properties in Florida, and the amazing bargains that were among them, but couldn't give any details. Now the details have become available Les Calvert said:
"Florida's repossessed properties are being very well market. Unlike the repossessed properties in Spain, pictures have even been provided of some of the Florida units we are advertising. I said that incredible bargains could be found among these properties last month, but even I wasn't aware of just how incredible they were. We are now advertising a 5 bedroom house in Orlando Florida for little over £17k.
"To anyone that's first thought was ah but where in Orlando is it? Give yourself a slap; a five bedroom house for that price makes its exact location in Orlando irrelevant. I know some people will think that because I did when I saw it, it's almost natural."
The irrelevant location of the five bedroom house in Orlando mentioned above is 649 Katherine Ct, it has three bedrooms and is in need of renovation. The anticipated resale value of the property is $125,000 if bought to flip when the renovations are complete.
The next price up is just over £21k for a 3 bedroom house in Orlando, 2223 La Due Ct., Orlando, FL 32811 to be exact.
Les Calvert picked his star property, and it was not the least expensive; a 3 bedroom house at 2205 Topelo Rd., Orlando for just over £31k. Unlike many of Orlando's foreclosed properties this is not in need of serious refurbishment, the decor simply needs updating. The home sold for $75k in 1998, and is tax assessed at over $97,000.
Property Abroad has many more foreclosed properties, and not only in Orlando throughout other parts of Florida, all can be viewed by searching America from the homepage, and selecting price: low to high from the drop down menu.
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Property Portal Sees 25% Growth in FSBO Properties
Property-Abroad.com Ltd, a company that is collectively responsible for over 300 websites, each specialising in a particular county or area of the property industry, has announced a 35% increase in the number of properties for sale by owner (FSBO) since July 2008. Les Calvert director of the group said:
"FSBO is really taking off for us as more people look to release capital or move. Also the downturn in various global markets and people realising they are not going to make the rapid gains they perhaps thought when they invested has brought many people to sell their properties as they rush to cut their losses.
"But not just that," continued Calvert. More and more people are making the web their first choice for almost everything they, buy, sell, need to find out or want to achieve, so it is logical that more people would seek to sell their own property online, which is often less expensive and more cost-effective than advertising with agents. In fact FSBO has become such a growing market lately we have set up a new website specifically catering for FSBO properties: sell-my-property.com"
Sell My Property have some excellent for sale by owner properties, including a 3 bedroom house in for sale by owner in Murcia Spain, which can be bought for little over £70,000. Thought the property is in need of full renovation, the bargain price allows for that and the creation of a wonderful holiday home in Spain, or buy-to-let investment property.
Sell My Property.com is also listing an absolutely stunning 2 bedroom renovated farmhouse for sale by owner in Sicily. The villa, located in the south east of Sicily has retained all its original features and has been kept in the style of a traditional Sicilian rural abode. The property comes with 9 hectares of land containing olive groves and carob trees, as well as traditional Sicilian plants like Thyme and Sage. The villa is on one level and sleeps up to 6 people giving it incredible potential as a holiday rental property.
Sell My Property have hundreds of for sale by owner properties, find out more by visiting the site.
Labels: fsbo properties, holiday home in spain, owner properties, property for sale by owner, sell my property





