193 Albany Dr, Kissimmee, FL 34759

Bank Owned in Poinciana

$104,500

4 Bed, 3 Bath house for sale in Kissimmee, FL with 2,931 square feet

 

Contact Info

Name: David Ashley
Office: 407-644-7300
 

Property Specs

  • Property Type:Single Family Home
  • Year Built:2006
  • Square Feet:2,931
  • Subdivision:Poinciana
  • County:Osceola
  • Bedrooms:4
  • Full Baths:3

Property Description

This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers 30 to 60 percent less than market value