Naples Florida REO Properties Bank Owned Foreclosures

Buying Naples Florida REO (Real Estate Owned or Real Estate Offering) properties and Naples bank owned foreclosures can bring pleasure or pain. In today's Naples FL real estate market, many banks and mortgage lending institutions have aquired countless properties through the foreclosure process. So you can imagine the interest in buying Naples bank owned properties.

REO is industry parlance for properties that have gone through the foreclosure process and are now owned by the bank or mortgage lending institution. In most cases of Naples REO property sales, the bank must remove all tax liens, bring HOA fees to current and prepare for the issuance of a title insurance policy to the buyer at closing. But be advised, REO's may be exempted from some obvious disclosure requirements, so a home inspection is an absolute must!!!

Naples Florida REO homes are the hottest selling properties in our market, but be aware that the number of Naples Florida REO properties coming to market and being listed for sale is decreasing.

Why live in Naples Florida?

CNN and Money Magazine have both recognized Collier County as one of the top five "Best places for a long life in the United States"!

Naples is a world-class destination. Tourists, snowbirds and year-round residents take advantage of Naples' more than 10 miles of coast line and its white sugar sand beaches, over 80 championship golf courses, marvelous tennis facilities, abundant shopping, tremendous cultural pursuits and phenomenal dining.

Naples Real Estate News
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2580 price reductions in Naples FL
-9 upcoming open houses in Naples FL
-984 new listings in Naples FL in the past 7 days
-1121 foreclosures in Naples FL
-Median sales price in Naples FL went up 5.88% to $180000 from prior quarter
-611 sold properties in Naples FL in the past 60 days
-Average price per sqft in Naples FL went down 3.16% to $153/sqft from prior quarter
Live.

--> Marco Island Real Estate News
-597 price reductions in Marco Island FL
-93 new listings in Marco Island FL in the past 7 days
-Average listing price in Marco Island FL went down 0.94% to $854142 from prior week
-69 foreclosures in Marco Island FL
-Median sales price in Marco Island FL went down 12.02% to $356300 from prior quarter
-82 sold properties in Marco Island FL in the past 60 days
-Average price per sqft in Marco Island FL went down 46.68% to $401/sqft from prior quarter
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Naples Florida real estate *This information is provided by Sun Realty, LLC. Some properties that appear for sale on this website may subsequently have sold and may no longer be available. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc., the Marco Island Area Association of REALTORS® Multiple Information Service, the Bonita Springs Estero Association of Realtors® and the REALTOR® Association of Greater Fort Myers and the Beach, Inc. Properties listed with brokerage firms other than Sun Realty, Inc. includes the name of the listing brokers. For most up-to-date information, please contact Sun Realty.   3757 Tamiami Trail Naples, FL 34103 | Gary Hicks, Broker