Orlando, Florida has an increasing high percentage rate of home foreclosures. Plummeting house prices made it difficult for sellers to cover their mortgage. Increased home prices makes it easier to avoid foreclosures because homeowners can not only sell but also pay off their mortgages.
A two-bedroom apartment in Orlando costs roughly $1,280 dollars a month. Renting a house is even higher numbers. To some this is an overpriced state of living. Others don’t have a problem with the price because they are aware that the area can also determine the price. With the increased amount of foreclosures in Orlando, Florida, most real estate investors view this as an opportunity to invest. Real estate Investors will purchase properties with tax deeds through Orange County and then they will essentially flip, rent or sale the property for a larger return.
If you are a creative Investor looking to entertain these foreclosed homes, contact Martin Law Group. We help creative Investors close real estate deals.