Monday, January 26, 2009

The New wave of Orlando foreclosures

There is a new wave of Orlando foreclosures on the horizon. It is good news for investors and first time homebuyers because now you can buy your piece of paradise in central Florida. It is one of the most popular tourist destinations in the US as well as the world with the most famous of them being the Walt Disney World resort and also the SeaWorld. But in the last couple of years Orlando has seen an increase in the number of foreclosures. In the first half of 2007, foreclosures in Orlando reached an all time high with 8,325 homes being filed. The rate of foreclosure was one per 98 homes and this pushed Orlando to the 33rd position in the foreclosure list. In fact so much so that the hot real estate and housing market in Orlando has seen a fall in prices. The truth is that there is no dearth of Orlando foreclosure homes for investment purposes. If you are a homebuyer then you will find some of the most defining and stylish Orlando home foreclosures at an unbelievably low price. If you are carrying your lucky charm then you can get away with a discount of almost 20%.

Find listings of Orlando Foreclosure

A heaven for real estate investment, you can find some really great Orlando bank foreclosures. You can find different types of homes from historical heritage homes to modern plush townhouses and sophisticated condos. Some of the hotspots for Orlando foreclosures include Lake Eola Heights, Lake Formosa, Washington, Metro West, Baldwin Park, Callahan, Conway, Richmond Heights and Roosevelt Park among many others. To find the best Orlando home, you need the latest Orlando foreclosure listings, which we can provide you as a part of our 7-day trial membership program. Our listings comprise of Orlando bank foreclosures for sale with all necessary details, so that you don’t have to look too far for the Orlando foreclosures of your choice.

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