Florida Luxury Homes and Foreclosures
Luxury home foreclosures
Many people are unaware that luxury homes are also subject to foreclosures in Orlando. In fact, today I can across a 4,000 plus square foot home in the downtown area for just over 800k. This home is a lakefront home on a ski lake and has all the luxury upgrades - granite countertops, travertine floors, travertine backsplashes throughout the kitchen and much more. I had to ask myself why a home like this hasn't moved? The answer was easy, if you saw the way the landscaping in the front of the home looked, you might think the house was abandoned. Well, it wasn't abandoned as such, but the owners sure left in a hurry when they couldn't foot the bill.
The type of person that would buy a luxury home foreclosure must also be willing to invest a little extra money throughout the house and especially in the landscaping to truly get their money's worth. Most luxury home buyers are not willing to invest much effort into a house. Usually luxury home buyers are looking for a home that is move-in ready and demand a lot more out of their new home acquisition.
The point is, if you want a fantastic deal in Orlando, then luxury home foreclosures are the way to go. Windermere, Dr. Phillips, Gotha, Winterpark, Heathrow and Lake Mary all have a substantial amount of luxury homes for sale that are either facing foreclosure or are completely bank owned.
If you would like an up to date list of luxury foreclosure homes, please contact me directly at (407) 346-5331 and I will send you a free list. Don't miss out on the amazing value that these homes have to offer. I don't think we will see too many opportunities like this when we have such an abundance of luxury homes to choose from.