Florida Public Auctions: What You Should Know

Tough economic times bring opportunities for those that have extra capital to invest in real estate. Those looking for a real estate bargain in Orlando, Florida should consider buying a house through a Florida Public Auction.

Purchasing a home through a Florida Public Auction does come with a lot of risk. You are buying the property “as is”. That means you can not go in an inspect it, and generally people who have fallen behind on mortgages don’t always properly maintained the home.

When going into a Florida Public Auction you may encounter other savvy bidders that purchase homes through Florida Public Auctions for a living.

Another downside to purchasing homes through Public Auctions is that you will not be able to finance the home so you must pay cash. Mortgage companies will not finance auction properties because they can not inspect or appraise them.

Purchasing a home through a Public Auction can yield substantial savings. Generally, a home that is bough through an auction sells for about 40% below market value.

If you are interested in purchasing a home through a Florida Public Auction you need Karen Arbutine and Associates on your side. They can provide you a list of homes in the Greater Orlando market that are up for a Florida Public Auction and come up with a bidding strategy for the value of the home or homes that you are wishing to bid on.

Call Karen Arbutine and Associates at 888.727.7778 today for more information on Florida Public Auctions.

See more properties for sale below

MLS #O4943580 | Orlando Single Family 3 Bedrooms / 2 Bathrooms Auction, For Sale, Foreclosure, Bank Owned Orlando Acres 1st Add	2209 RUTLEDGE AVE Orlando, FL 32817
$42,900.00 ($36.00/sqft) Orlando Single Family For Sale 3 beds, 2 baths, 1176 living sqft Price reduced $72,100.00 since 10/29/09 | Bank owned property. Needs work. In auction status as of 2/24/10. Top Features: auction, for sale, foreclosure, bank owned , Subdivision: Orlando Acres 1st Add , Lot SQFT: 10053sqft , Built in  1986

MLS #O4948210 | Orlando Single Family 3 Bedrooms / 2.5 Bathrooms Pool For Sale, Foreclosure, Auction Huntridge Unit 2	10442 GLASSBOROUGH DR Orlando, FL 32825
ROLLOVER TO VIEW 9 PHOTOS $89,900.00 ($56.00/sqft) Orlando Single Family For Sale 3 beds, 2 baths, 1 half baths, 1609 living sqft Price reduced $30,000.00 since 11/24/09 | Property is now committed to an Auction and all Auction terms and conditions apply. All auction properties are subject to a 5% buyer's premium. Top Features: for sale, foreclosure, auction Has a pool , Subdivision: Huntridge Unit 2 , Lot SQFT: 5275sqft , Built in  1994 , Maint Fees: $80.00

MLS #O4956771 | Orlando Swimming pool view, Tennis Court view, Waterview Lakefront, Waterfront Condotown Home 2 Bedrooms / 2.5 Bathrooms Pool Spanish For Sale, Auction Renaissance At Lake Ivanhoe Co	1110 SW IVANHOE BLVD Unit: 13 Orlando, FL 32804
ROLLOVER TO VIEW 10 PHOTOS $595,000.00 ($222.00/sqft) Orlando Condotown Home For Sale 2 beds, 2 baths, 1 half baths, 2676 living sqft Price reduced $4,000.00 since 1/16/10 | Property will be AUCTIONED by round robin auction and all sealed bids must be delivered to the Property where the offer is made by 4 PM on the 7th of March . There is an undisclosed seller reserve. Offers are like normal contracts subject ... Top Features: for sale, auction , Lakefront, Waterfront , Swimming pool view, Tennis Court view, Waterview Has a pool , Subdivision: Renaissance At Lake Ivanhoe Co , Built in  1990 , Style: Spanish , Maint Fees: $1,500.00

MLS #O4891672 | Orlando Single Family 3 Bedrooms / 2 Bathrooms Pool For Sale, Foreclosure, Auction Pine Hills Manor	4916 CENTER LN Orlando, FL 32808
ROLLOVER TO VIEW 10 PHOTOS $139,900.00 ($65.00/sqft) Orlando Single Family For Sale 3 beds, 2 baths, 2166 living sqft Price reduced $37,000.00 since 4/21/09 | Please be advised that this property is being sold through an auction. ALL OFFERS MUST BE SUBMITTED THROUGH THE AUCTION. ASK YOUR AGENT OR CALL ME FOR MORE DETAILS. Property sold in AS-IS condition. Top Features: for sale, foreclosure, auction Has a pool , Subdivision: Pine Hills Manor , Lot SQFT: 13673sqft , Built in  1973

MLS #O4913090 | Orlando Condotown Home 2 Bedrooms / 2.5 Bathrooms For Sale, Foreclosure, Auction Cypress Crk Golf Townhomes Con	Orlando, FL 32811
ROLLOVER TO VIEW 8 PHOTOS $72,110.00 ($59.00/sqft) Orlando Condotown Home For Sale 2 beds, 2 baths, 1 half baths, 1228 living sqft Price reduced $36,790.00 since 5/21/09 | Auction Status!Please see realtor remarks for more info!Great potential condo in need of minor cosmetic repairs. Prime location with access to I-4 within a mile, close to shopping, restaurants and entertainment. Come and see it today! Top Features: for sale, foreclosure, auction , Subdivision: Cypress Crk Golf Townhomes Con , Built in  1987 , Maint Fees: $334.00

MLS #V4623434 | Sanford Single Family 3 Bedrooms / 2 Bathrooms Ranch For Sale, Foreclosure, Auction Sanora South Unit 1	108 RABUN CT Sanford, FL 32773
ROLLOVER TO VIEW 3 PHOTOS $64,900.00 ($48.00/sqft) Sanford Single Family For Sale 3 beds, 2 baths, 1365 living sqft Price reduced $5,000.00 since 10/24/09 | Property is now committed to an Auction and all Auction terms and conditions apply. All auction properties are subject to a 5% buyer's premium pursuant to the Auction Terms & Conditions Top Features: for sale, foreclosure, auction , Subdivision: Sanora South Unit 1 , Lot SQFT: 6699sqft , Built in  1976 , Style: Ranch

MLS #O4933379 | Orlando Waterview Lakefront, Waterfront Single Family 3 Bedrooms / 2 Bathrooms Pool For Sale, Auction, Short Sale Frisco Bay Unit 2	257 SONOMA VALLEY CIR Orlando, FL 32835
ROLLOVER TO VIEW 4 PHOTOS $114,900.00 ($94.00/sqft) Orlando Single Family For Sale 3 beds, 2 baths, 1224 living sqft Price reduced $15,000.00 since 9/3/09 | Short Sale. Auction scheduled for Friday & Saturday, Sept 18 & 19, 2009 between 10 AM & 2 PM. Bids starting at $79,900. Quaint & cozy home, with a fabulous great room plan! Greenbelt behind the home, with lots of room to play - Hurry , it won't ... Top Features: for sale, auction, short sale , Lakefront, Waterfront , Waterview Has a pool , Subdivision: Frisco Bay Unit 2 , Lot SQFT: 6224sqft , Built in  1988 , Maint Fees: $395.00

Karen is in the News Again Sold $8M Seminole County Home - Sale Price Breaks Record Click play on the video to the left. As featured on: MSNBC: Sales Price Breaks Record Orlando Sentinel: Record $8 million for Longwood mansion Orlando Business Journal

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