Buying bank owned properties can be an ideal way to "buy right" in today's real estate market. These homes are often priced below market because the banks want to sell and they are in a position to be realistic to market conditions.

Buyers need to thoroughly understand the benefits and risks involved in purchasing foreclosures, but they are positioned in a market cycle where they can generally buy into an equity situation. The next step is to get a well-researched list of bank-owned listings and use the services of a real estate professional knowledgeable in these types of transcations and the  negotiations procedures with the bank. From search to close, the relationship between the buyer and agent should be honest and goal-oriented to be successful.

Buyers interested in learning more about bank owned properties in Naples and how the transaction process works can request information here or contact Ken Fish at: (239) 860-6521 or email RealEstate@KenFishSells.com. 

"Buy Low, Sell High" Check out this week's TOP PICKS Naples Foreclosures	Based on Information from the Naples Area Board of Realtors® and Assoc. of Real Estate Professionals, Inc. for the period 7/7/08 through 7/14/08, these properties were not all listed or sold by Premiere Plus Realty Co. and were listed by various MLS participating offices.
Learn more about buying foreclosed properties: The best time to buy is when something is on sale. This is a buyer's market and great buys are out there! Whether you are buying a home to live in or you are an investor looking to capitalize on today's market, you need to do one major thing: Plan a budget. Know how much you want to spend, how much you can invest in the property to fix it up, and how much it will resell for (be realistic).	$699,900 Connors Vanderbilt Beach 391 Lagoon Avenue 3bed/2bath +dock, gulf access Click here for more info. MLS 208023498
With a good plan, investing in real estate foreclosures can be profitable. Bank foreclosures are often good sources of available properties that can later be sold for profit. However, they often need some degree of work for resale or to rent. Some areas that may need improvements are: the curb appeal kitchen and baths flooring general repair colors A good, clean, solid house with neutral colors will often sell best.	$99,900 Enclave / Wildwood Lakes 1210 Wildwood Lakes Blvd #305 3bed/2bath, 3rd floor condo Click here for more info. MLS 208024602
It is highly recommended to have the property inspected in the event that other, sometimes hidden, issues exist. Another important factor is the neighborhood. Are there other foreclosures in the neighborhood (especially on the same street)? What is the condition of the neighboring houses? Has the area historically done well? Will reasonable repair and updating bring the property up to the value of its neighbors? And don't forget...location, location, location!	$177,900 Golden Gate Estates 3795 54th Avenue NE 3+bed/2bath, 1.59 acres Click here for more info. MLS 208020638
Help me find a house!   ►  I know what I want.   ►  I know what I want but I can't find it.   ►  I want information on the Naples real estate         market.   ►  I want neighborhood information.   ►  I don't know what I want...Help me!	$94,900 Golden Gate Estates 4845 20th Street NE 3bed/2bath, 1.14 acres Click here for more info. MLS 208023757
	$99,900 Key Royal Condominiums 8244 Key Royal Cr #625 2bed/1bath, 2nd floor Click here for more info. MLS 208010877