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OUR TEAM OF REO PROPERTY COMPANY OF LOCAL FLORIDA REAL ESTATE PROFESSIONALS ARE HERE TO HELP
About Us
Orlando REO Professionals I, Inc: Serving the greater Central Florida area. We are a group of REO listing specialists, covering: Orange, Osceola, Seminole, Polk, Lake & Volusia counties. Every one of the listing specialists has a minimum of 7 years REO experience. Together added up, a total of over 75 years of real estate experience.
Orlando REO Professionals I, Inc. prides itself on having the best inspection and BPO grades every month. We are experts in providing top notch investment property advice and wealth management. We have several clients and millions of dollars in properties, pooled into hedge funds and other property investment portfolios.
For Information ON Foreclosures, Property management, or General Real Estate ConTact Us Today.
BANK OWNED ORLANDO PROPERTIES AND FORECLOSURE HOMES IN FLORIDA
REO or “real estate owned” are bank owned Orlando Properties including Homes offered by a lender or bank. These types of homes are often looked at as great opportunities but that’s not always True. While these can be great opportunities, it can be hard to find these without a qualified Realtor or an REO property company such as O-REO Professionals.
Banks many times offer to sell these properties under the market value. They will have an experienced Broker or Realtor give their price opinion on the property. One large consideration by banks is how many properties there currently are in their inventory. If they have many, the prices tend to be lower. If they have few then it’s possible that the lender won’t negotiate at all.
Bank owned homes in Orlando, Florida, and properties many times are not listed on the MLS (multiple listing service) used by realtors. Companies like Zillow use the MLS exclusively for this data. It is often that a local bank has relationships with different real estate companies who are proven to have qualified buyers and this is where you will find the best deals. This is also the exact setup here at O-REO professionals that we have. Many times these homes come in during the process of foreclosure, or right after an eviction.
It is highly recommended to get a full inspection of any home. Normally a lender will do all repairs required by law and also disclose any known defects. A professional inspection will help find any issues not noticeable to a trained eye and normally takes 3-4 hours to examine a property. This is much cheaper than making a bad decision on purchasing a property that will cost you more money to fix in the future. So having a professional Realtor and Inspector will help protect you in the process.
It is important to be patient in the process of making an offer and awaiting approval from a lender. Banks will normally have set timeframes and policies in place. There are safety checks and balances that will protect all parties in the process, which can delay the process at times.
If you are considering a bank owned property contact O-REO Professionals today. We have over 75 years of experience in the industry. We are qualified in Orlando REO Properties and our team has purchased many bank owned homes in Florida, offering expertise in managing Orlando properties efficiently. We look forward to helping you with all your investment needs.
Top-rated REO Property Company Team in Florida
If you own investment properties in Orlando, whether a house or condo in the Orlando Area that you want to have it rented quickly, we can help you with Orlando real estate.
Finding quality tenants that you can keep happy can be difficult and do you really have the desire or time to be a landlord? That’s where Management of REO Property company come in.
If you are in need of immediate assistance in answering your property management questions, call TODAY: 407-704-6924.
AREAS WE SERVICE FOR PROPERTY MANAGEMENT:
ORLANDO | WINTER PARK | KISSIMMEE | OCOEE | DELAND | MOUNT DORA | APOPKA | CLERMONT | SANFORD | ORANGE CITY | POINCIANA | LAKELAND | WINTER HAVEN
For Information ON Foreclosures, Property management, or General Real Estate ConTact Us Today.
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Orlando REO Professionals is located at 1060 Woodcock Rd. Suite 134, Orlando, Fl, 32803. From Orlando International Airport (MCO) head north on Access Rd/Jeff Fuqua Blvd and continue onto S Semoran Blvd. Now use the left 2 lanes to turn left onto E Colonial Dr and turn right onto Maguire Blvd. Finally, turn left onto Woodcock Rd and Orlando REO Professionals will be on the left.
We are open Monday to Friday 09:00-17:00.
For additional questions, you can call us at (407) 704-6924.
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