Welcome to TampaBayForeclosureMan.com


As a licensed Realtor, Steve Brady specializes in helping buyers purchase foreclosures in the Tampa Bay market. Steve brings a unique perspective to the home buying process in that, besides being a Certified Foreclosure Specialist, he is also a state licensed Building Contractor. With these expertise he is able to look at properties with a "different eye" on potential problems that may go undetected by the average agent. 

Many bank owned properties are normally sold at prices below market value. Depending on the area you're interested in, what the neighboring property values are, how long it has been on the market and what amount of work needs to be done to the bank owned property, will greatly reflect the asking price.

Foreclosures and short sales won’t be around forever. In fact, most of us will not see a real estate market like this ever again. With first time home buyer tax credits and rock bottom interest rates, NOW is the time to buy.

Understanding The Offer Process
There are no hard and fast rules about how offers are handled in the purchase and sale of bank owned properties in the Tampa Bay real estate market.

Most banks require some form of proof of funds for cash offers, and pre-qualification letters for buyers who will be getting loans for the purchase. If the property is damaged and requires major repair, the Sellers will typically require cash offers or consider financing contingencies only if the purchaser is getting financing with a rehab loan.

When multiple offers exist, the bank will normally direct the listing agent to request each bidder's “highest and best” offer and will then respond only to the offer with the best terms, either accepting the offer or providing a counteroffer. Once price and terms are accepted by both parties, the bank will provide a set of special addendums that must be filled out that are much more involved than the original contract.

Bank owned properties are typically sold “as-is” and most banks will not perform repairs.

Let Steve Help You Find The Right
Tampa Bay Bank Owned Property Now!

Distress sales resulting from bank foreclosures often represent a great way to get a fantastic deal on a home. It's not easy for the average home buyer to find these deals, because you have to keep searching to see when one comes up.

Of ALL times, NOW is the BEST TIME to invest in real estate and take advantage of the greatest financial opportunity in America!

Steve Brady - Realtor
Certified Foreclosure Specialist


2420 Enterprise Rd. Suite 200
Clearwater, FL 33763