Foreclosure properties worth a look [Florida]
People wanting to buy homes in Charlotte County are looking in all the usual places — and then some.
Many of the county’s foreclosure properties on the Multiple Listing Service have become places where home seekers turn. There are certainly enough of them to see. As of Monday, Port Charlotte had 442 bank-owned properties, North Port 321 and Punta Gorda had 172, according to RealtyTrac.com.
The listings are not discriminatory: beautiful spreads at exclusive locations, higher-end homes in gated communities and middle- to lower-end places in single-family neighborhoods. No demographic has been unaffected.
“The foreclosure market has spawned a whole market of new buyers,” said Jim Thiel, a Realtor at Century 21 Sunbelt Realty in Punta Gorda. “It seems like I have a lot of customers interested in the foreclosure properties. A lot of them when they come in, they specifically indicate that is the type of property they want to buy. They know there is some obvious value.”