April 13, 2024

Fort Lauderdale Foreclosure Bargain

Fort Lauderdale Real Estate Foreclosurer – Reduced to $289,900 on July 18th, 2011

Fort Lauderdale Real Estate shoppers are finding out that there not Ft Lauderdael foreclosed homes on every corner in the Ft Lauderdale Real Estate market waiting for buyers to arrive in Fort Lauderdale and make an offer. In fact, the real story of the Ft Lauderdale Real Estate market is a market where the local Ft Lauderdale newpaper recently reported that tightening inventory is leading to a sellers market in certain neighborhoods of Ft Lauderdale.

Ft Lauderdale Real Estate is just like any real estate market in the country when it comes to the rules of real estate, “location, location, location”. In Fort Lauderale Real Estate a choice location for most people is about being close to Ft Lauderale Beach, or close to the Fort Lauderdale Downtown area of Las Olas Boulevard. These are the, “certain neighborhoods”, that the tightening market is talking about. In addition to these choice areas, you can add to it the criteria of great schools, and in-turn the areas of Weston, is seeing a tightening market, along with the neighboring city of Cooper City. Great schools, and choice attractions such as Fort Lauderdale Beach lead to great real estate markets that are all ready showing the signs of tightening.

Oaktree Drive Foreclosed Home

Are there still bargains out there ? Absolutely and my goal here is to bring your attention to one such bargain. Just west of 95, about 4 miles from the beach is a community of 56 homes that built just over 10 years ago on the back of the Oak Tree Golf Course in Oakland Park, Florida, the city which borders Ft. Lauderdale to the North and West. The golf course has been closed for a number of years and rumors of housing developments, and reopening of the gold course have swirled for years simply creating a giant unknown. In real estate, normally, these unknowns make for property that people don’t want to buy and in-turn dropping prices. Today prices have dropped so low at this beautiful community that buyers may need ask, what difference will the end result make to this community, anything will be better than the way the gold course sits today and where else can you find a 12 year old open with4 bedrooms, and 2 baths of over 2400 sq. feet plus a three car garage offered as a Ft Lauderdale Area Foreclosure for $314,900.

Even with the unknowns someone is going to get an incredible deal on this property. Interested in seeing this home do not wait call a Fort Lauderdale Realtor.