Lighthouse Point Foreclosures and Short Sales

Friday, August 20th, 2010 at 7:40 pm

Lighthouse Point is located in Broward County along the Intracoastal Waterway. This self-sufficient, friendly and prosperous community is small, proud and close-knit, with an air of informal affluence. Neighborhoods are quiet and well kept. Many homes are on the city’s 18 miles of waterways and some have deepwater access. Real estate options here consist of single-family homes, condominiums and townhouses.

There are 13 miles of paths, trails and sidewalks in Lighthouse Point. City parks feature athletic fields; tennis, racquetball, basketball, and volleyball courts; playgrounds; picnic areas and open space. The Lighthouse Point Parks and Recreation Department offers classes, sports leagues and activities year round for all ages. The Lighthouse Point Tennis Center has a pro shop along with excellent facilities. Activities for all ages are all available at the city’s public library where book clubs meet, story time is a favorite, craft time brings out the artist in everyone, and children can receive literacy help. The library sponsors day trips for adults, and ever-changing art exhibits adorn the walls.

Children are served by Broward County School District, the nation’s largest fully accredited school district. There are also private schools in the area. Annual city events include Dog Day in the Park, Halloween Party, Keeper Days, Lighthouse A’Glow – A Holiday Gathering, Nautical Flea Market, Pops in the Park, and Spring Egg Hunt.

Foreclosures in Lighthouse Point, FL are actually a lot more common the last few years. When the housing market began cool down many real estate purchasers had purchased homes they just could not afford as well as the values dropped below what they could sell them for.

Short Sales have also been more common. A short sale occurs a house seller owe in excess of the home is worth but must sell it. OFLe a purchase price is agreed upon and a contract is signed by both purchaser and the home owner, the contract is sent to mortage holder for final approval. This may take anywhere from 4 to twelve weeks to become complete. A short sale can provide potential buyers a terrific way to buy a home for much less, however each and every short sale is unique and will depend on highly upon what the seller is willing to do, not really how qualified the buyer is.

To find out more on Lighthouse Point foreclosures and Lighthouse Point short sales e mail us

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