Fort Lauderdale, FL Foreclosure Listings and Properties

Numerous Offerings in Picturesque City

Fort Lauderdale real estate listings auctions presently include 5,035 foreclosure listings and properties at the median listed price of $206,000. In addition, there is a stupendous number of 12,410 other FSBO {for sale by owner} homes to be offered at the Fort Lauderdale property auctions at the median asking price of $339,900. Thus, the homes being sold at market prices are at a premium of 70 percent over the going rate for seized homes. This clearly demonstrates why the prospective homebuyers must naturally surge to the foreclosure auctions in their search for dream properties at fantastically lowered prices.

Fort Lauderdale is the county seat of Broward County, in the US state of Florida. The city is the nodal city of the South Florida MSA {metropolitan statistical area}. Fort Lauderdale is so named after the several forts that had been built by the US upon the Second Seminole War, and in memory of Major William Lauderdale, the commander of the soldiers who had constructed the first fort. The city has acquired the nickname of the “Venice of America” owing to its complicated and extensive system of canals. The city has developed into a popular tourist hotspot, with about a dozen million visitors annually. The city is a favorite center for yachting, with hundreds of boatyards and thousands of yachts. The city also has an enviable nightlife, being home to 120 nightclubs and over 4000 restaurants.

The sundry suburban cities of Fort Lauderdale include Sunrise, Plantation, Margate, Pompano Beach, Weston, Deerfield Beach, Coconut Creek, Miramar, Hollywood, Davie, Pembroke Pines, Parkland, Wilton Manors, Oakland Park, Cooper City, Southwest Ranches and Hallandale Beach. The diverse neighborhoods in the vicinity of Fort Lauderdale include Pine Island Ridge, Miami Gardens, Ivanhoe Estates, Godfrey Road, Chambers Estates, Broadview, Bonnie Loch, Melrose Park, Loch Lomond, Kendall Green, Edgewater and Carver Ranches. A few of the unincorporated areas in proximity to Fort Lauderdale include Washington Park, Boulevard Gardens, Sunshine Acres, Hillsboro Pines, Franklin Park, Roosevelt Gardens and Hillsboro Ranches.

Seasoned Guide for Property Investments

The Fort Lauderdale real estate market witnesses Nick Welsh, Mike Mangold, Gene Whiddon and Denise O’Grady playing an important role in facilitating property transactions. The abovementioned are a few of the city’s leading property brokers. However, there are scores of others as well. The first-timer at the real estate listings auctions is likely to find them resembling a delightful if perplexing maze. Real estate investments involve a few vital decisions pertaining to selection of homes, identifying the optimal mortgage scheme, and the best maximum bid the buyer should make while buying a home. An experienced agent can help you considerably in making all the right decisions and in maximizing the bonanza you reap from your investment.  In fact, with the economy rapidly witnessing several events that have a bearing on the real estate sector, even professional flippers might be hard put to decide their optimal investment choices. Hence, you should seek to profit from the foreclosure auctions in Fort Lauderdale by all means, but it would be prudent to hire a veteran agent to guide you in making all the right moves to your benefit.

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