Foreclosures In Haines City Florida

Foreclosures in Haines City Florida are normally available. In 2019 there was an average of around 8-10 available at any given time. We do expect that number to increase in 2020 and beyond.

Homes For Sale In Haines City FL

The Foreclosure Process

Foreclosures in Haines City Florida are a terrible thing to happen. However, they can be a great opportunity for those looking for a home or investment property at a lower than market value price.

In Florida we have Judicial Foreclosure. That means the banks must take court action to foreclose. The banks are also required to contact the owners by phone and mail if at all possible. This all takes time which is why we expect the number of foreclosures to increase over the next few years and not immediately.

If you are a homeowner make sure you communicate with your lender. During the pre-foreclosure time frame you may be be able to perform a loss mitigation, deed in Lieu or short sale.

The Short Sale Process

A short sale also takes time. I have seen them take almost a year. These types of sales are not a good fit for may buyers because of the length and complexity of the purchasing process. As for sellers every bank will require you to use a Realtor. Be honest with the Realtor and listen closely to their advice, and also use an attorney for tax implication information etc. It will be money well spent trust me. We have seen many of these and know them well. Below you will see all of the current short sales and foreclosures in Haines City FL.