Bank Owned Homes - Miami and Broward Real Estate
There is really no difference in between REO (Real Estate Owned) and Bank Owned, both terms describe a property in which the owner forfeits to make mortgage payments and the lender which is typically a bank or a government loan insurer forcloses on the property. When the property does not sell in a public auction it becomes REO/Bank Owned.
Bank Owned Homes and forclosures in Miami and Broward. Learn the difference in between REO and Bank owned. Banks are not in the business of Real Estate, these homes are great deals for you as an investor or as a buyer that can see the potential. Don't miss out! Call Sandra Soto 305-586-7143
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Sandra P. Soto
18660 Collins Avenue
Sunny Isles Beach
This bank owned single family home has a perfect location! just one block from US-1 and walking distance to stores, supermarkets and good schools. The main home has 3 bedrooms and 1 bath. The garage has been converted into a 1 bedroom, 1 bath efficiency that will allow your guest to have privacy, buyer will need to do their due diligence for the city permit on this efficiency. Plenty of parking space and huge backyard for entertaining.
Total SqFt 1,228 and the lot is approximately 7,500 SqFt.