Season is almost upon us here in regards to Naples real estate. Sales have definitely increased over the past few years and one major role that played a part in the increase of sales is the increase of Naples foreclosures. Many buyers who are looking for deals have been running into “multiple offer scenarios” over the property they decide to put an offer on. One important thing to remember is when looking for a foreclosure do not get emotionally attached until the day you close and also be prepared to move quickly once you see a property you are interested in.
For example check out this foreclosure below:
820 Meadowland Drive List and Sales Price: $156,900
This villa has 3 bedrooms and 2.5 bathrooms. It was built in 1988 and has just over 1,700 square feet of living space under air. The location is prime! Pelican Ridge Villas are located directly off of Vanderbilt Beach Road and Tamiami Trail North, only minutes to the beach, shopping, and dining.
This home sold for $379,000 back in 2005. As you can see 2010 is seeing homes selling for considerably less than they have been in almost 10 years.
Now is the time to buy! For a full list of Naples homes for sale or for a full list of Naples foreclosures, email me at info@naplesguru.com.
