Government Foreclosures. Foreclosed Homes, Properties & Real Estate Auctions

Florida Foreclosures

Clearwater, FL Foreclosure Listings and Properties

The ongoing real estate listings auctions are inspiring the residents of Clearwater to enthusiastically explore options for better homes or lucrative financial investments. Clearwater is located in Pinellas County in Florida, adjoining Tampa and St Petersburg. It has also gained some notoriety for the worldwide “spiritual headquarters” of the Church of Scientology being located within its confines. Several residents from the neighboring towns of Belleair Bluffs, Largo, Madera Beach, Safety Harbor, and Treasure Island are also vying to acquire better homes in Clearwater.

Predictable Surge for Foreclosure Auctions

Foreclosure auctions have added much activity in the real estate sector, by way of both purchases for residential purpose and investments merely with the intent to subsequently flip for profits. The reasons for the tremendous response to the property auctions are not far to seek. The listed properties already have considerable money invested in them. Besides, the seizing authority, be it government bodies or banks, are typically in a hurry to recover funds from their locked assets. Hence, the foreclosure auctions feature properties available at attractive, discounted prices for the buyers.

Tips for Choosing Your Agent

If you are a novice in the real estate sector, you should not risk your money on the government foreclosures without doing your essential homework first. The internet will offer you ample informative updates on the homes offered for purchase. You can even view pictures of the houses. These will merely screen the undesirable options out and help you identify a few feasible homes. You ought to next choose a real estate agent to guide you through the entire purchase process, after verifying her or his certification with the state’s department of real estate. Guy Kennen, Walter Piper and William Hutchinson are prominent agents, among several others, operating in Clearwater.

You may also enquire if the agent is a broker or a realtor as well. Brokers involve more stringent licensing qualifications and functions. Realtors are voluntary members of the trade group, National Association of Realtors.

While selecting a property agent, it might help if you were to keep the following general observations or tips in mind. An agent who works full time is more likely to have time for you than one who functions only part time. Focus on a dealer who specializes in the areas that are of particular interest to you. The more prospective buyers that an agent represents, the more efficient he is likely to be. Ask if the consultant would be personally managing your task or if he intends to delegate it to an assistant. If an assistant is to attend to your requirements, satisfy yourself to her competence, and ensure that you can still connect with your agent whenever you need to.

Moreover, you ought to make a couple of visits to your liked house and investigate whatever repairs or modifications that your new asset might entail you. A careful determination of the maximum sum at which you would buy your selected home should precede your bidding at the foreclosure auctions. Your preparatory efforts, with an element of luck, should reward you with successfully clinching the deal on a house you fancy at a satisfactory, discounted price.

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