For the buyers we have been working with recently, this article is old news. Prices on homes in Port St. Lucie, Jensen Beach, Palm City, Stuart, Traditions, and surrounding areas are at prices we have not seen in over 10 years. Click the link below to read the story on TCPalm.com.
http://www.tcpalm.com/news/2009/apr/30/no-headline---200904302018-03tdeals/
If you would like to see any homes, please give us a call @800-876-3535, or email us. We can also put you on "auto search" so any home that meets your criteria will be emailed to you ASAP.
The "big money" has found Port St. Lucie and they are buying REOs (bank "Real Estate Owned" property) at a record pace. Traditional home buyers are trying to get in, but are getting beat out in a lot of deals. We are currently working with quite a few buyers in the REO arena and they are getting some incredible deals. If you are a normal buyer, how do you get in on these deals?
First of all, this is not a market where the buyer has the power. The banks are in the driver's seat now. How can that be? The banks are listing their REOs at unbelievably low prices, creating an auction type situation between the perspective buyers. Most banks are receiving multiple offers and asking every buyer that has submitted an offer to bring their "highest & best" offer by a 5:00 p.m. deadline on a cutoff date. If you are a buyer who tries to beat a seller down and submit low offers in the hopes of getting a steal on one out of twenty offers, this market is not for you. If you are looking for a great deal on a home and you are ready to submit a full offer, this is a great way to buy.
The key to getting into an REO is timing. A buyer has to know the minute an REO comes on the market, and they must be ready to jump. This is where we can help. There are ads and signs everywhere advertising "foreclosure lists". If you go by these, good luck. A foreclosure list that was prepared yesterday is already stale. We can set up an automatic search for you, free of charge of course, that alerts you by email or text messaging, the minute a new REO comes on the market. This information is worth it's weight in gold.
Just give us a call at 800-876-3535 or email us and we will set up the auto search for you. Once you see an interesting listing come through, CALL US! A member of our team will show you the property and prepare the offer right away. Remember, the only way to get one of these deals is to JUMP! You need an agency that is ready to jump for you. That agency is us.
