Fort Myers Real Estate
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Fort Myers Foreclosures
If you are looking for great values in Fort Myers Real Estate then consider Fort Myers Florida foreclosures which are located in Lee County. Due to a number of factors like speculators there are a large number of banks owned homes and condos in REO.
This is a great time to purchase homes or condos at extremely low prices. In some cases Ft Myers Foreclosures are 50% lower than when they were originally purchased.
It is important to understand the Foreclosure process and the terms involved in the transaction.
PRE-FORECLOSURE (NOD -LIS) - This process is where the lender has filed foreclosure proceedings against the property. This is where you can buy from the owner/borrower and they are sometimes listed as a Short Sale. (A short sale is when the owner sells for less than the mortgage and makes up the difference) Most owners in this situation list their property and hope to get lucky and find a buyer but do not have the money to make up the difference of what they owe or the amount short of the mortgage. However, you must still have the lenders approval and it is difficult at best to make this happen in a timely manner. Not recommend
AUCTION (NTS - NFS) - If the property goes to auction then many times is done on the court yard steps. Buyers are often times required to pay cash and do not have a lot of time to research the title and conditions of the property. However purchasing Auction property can have financial benefits and you do not have to deal with the owner like in a Pre-Foreclosure.
BANK OWNED (REO) - This happens when the bank takes ownership from the borrower/owner by written agreement and puts a value on the property then offers it for sale. This is where you can pick up Great Values as in the current market Banks are overloaded with properties.
It is important to have professional Realtors like us to assist you in all the steps necessary to purchase a Ft Myers Foreclosure.
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Sale Price |
| Beds/Baths/Half-Baths | (201023567) |
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$860,000.00 |
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| Over 8,000 Square Feet of Industrial/Warehouse Space, prime location off Metro Parkway, close to both Colonial Blvd., and Daniels Parkway. Annual Lease in place to Quality Tenant, Freshly painted, spa... more |
| Type: Commercial Only | Sq. Foot or Acres: 8250 | Year Built: 1996 |
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Sale Price |
(201017629) |
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$799,900.00 |
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| Property is comprised of appox. 9- 5 acre parcels for an approximate total of 45 acres. Property has over 1000 of frontage on Orange River Blvd. Bring you offers. Seller wants it sold... more |
| Type: Land Acreage | Sq. Foot or Acres: 1960200 | Year Built: |
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Sale Price |
| Beds/Baths/Half-Baths | (201013411) |
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$660,000.00 |
4/4/1 |
| Amazing 4 bedroom, 5 bathroom luxury home situated in Verandah. Four master bedrooms set this apart from the competition! Located just minutes to the river and I-75 this home is loaded with upgrades.... more |
| Type: Single Family | Sq. Foot or Acres: 3854 | Year Built: 2007 |
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Sale Price |
| Beds/Baths/Half-Baths | (201024964) |
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$549,900.00 |
3/3/0 |
| Great buy in Gulf Harbour! Corporate Owned!Make your dreams come true! Full of amenities! Enjoy the Fantastic Panoramic view's from the 9th floor overlooking the bay to the gulf of mexico. Open floor... more |
| Type: Condo High Rise | Sq. Foot or Acres: 2712 | Year Built: 2001 |
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Sale Price |
(200854052) |
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$473,386.00 |
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| BANK OWNED INDUSTRIAL LAND * 1.89 ACRES INDUSTRIAL LAND IN BILLY CREEK COMMERCE, I-75 FRONTAGE... more |
| Type: Commercial Lot | Sq. Foot or Acres: 82328 | Year Built: |
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Sale Price |
| Beds/Baths/Half-Baths | (201039920) |
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$462,000.00 |
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| Bank owned Lot, make offer!... more |
| Type: Commercial Only | Sq. Foot or Acres: 0 | Year Built: 1700 |
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Sale Price |
| Beds/Baths/Half-Baths | (201022770) |
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$450,000.00 |
3/3/1 |
| Stunning Fiddlesticks County Club home! Located right on the golf course. This home has it all, formal living with fire place, family room, large kitchen with stainless appliances and island. Master s... more |
| Type: Single Family | Sq. Foot or Acres: 4079 | Year Built: 1984 |
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Sale Price |
| Beds/Baths/Half-Baths | (201029813) |
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$449,900.00 |
4/3/1 |
| Unique home with concrete block construction with plank siding.Wrap around front porch with wood ceiling.Large screened heated pool,with water fall and spa.Front study has 25ft wood ceilings,there are... more |
| Type: Single Family | Sq. Foot or Acres: 3162 | Year Built: 2007 |
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The data relating to real estate for sale on this Website come in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc., Marco Island M.L.S., Florida Gulf Coast M.L.S. Properties listed with brokerage firms other than Lee Collier Realty are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed many not be all the properties available through the BR Program.
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The listings on this page represent REO or Bank owned fort myers foreclosures and are not short sales.
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