The recent lending practices and other factors have led to an unprecendented amount of foreclosures. While a short sale is a viable alternative for homeowners preforeclosure, the fact remains that less than about 10% of properties listed as a short sale ever attract reasonable offers and close. The result is that the 1000's of short sale listed properties roll into foreclosure, are now bank owned - also known as REO or real estate (bank) owned property - and, are now back on the market. Naples · Marco Island · Bonita Springs · Estero · Fort Myers · Golden Gate Estates · Golden Gate City Use the form below to contact me about bank owned foreclosure (REO) property. REO property purchase is much easier and more straight forward than a short sale. Go directly to foreclosure listings |