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
725 East Palmetto Park Rd
Boca Raton, FL 33432
This bank owned home in Cutler Bay, FL. just hit the market! and it already found a family, congratulations to the new owners.
property is located at 8240 SW Cutler Bay, FL 33189, it features 3 bedrooms, 2 baths and approximately 1,891 SqFT. Great backyard with large inground swimming pool for entertaining, close to Air Base elementary school and Miami Southridge Senior high school. Also US 1 and the Turnpike are nearby. Cutler bay is a very desirable location and homes keep increasing in value. This bank owned home is listed at $299,900.
It is definitely a great investment opportunity. The home needs some TLC, just come and see it...