What The Price For Emerald Park Condo?

What are closing fees like in Hallandale, FL - Three Islands Blvd - foreclosed condo apt.?

  • Looking to purchase a REO foreclosed condo apartment in the DeSoto Park area (Hallandale, Three Islands Blvd). This apartment is currently listed with a Real Estate office and has been on the market for 2 months. Price was lowered twice, but the price per sq. ft. is still a bit high, and I am trying to negotiate & counter offer. Although I like the area I've never lived there, so any input on the neighborhood and the foreclosure purchasing process would be very helpful! 1. Any reviews of the DeSoto Park, Three Islands Blvd. community? -Safety/crime -Kids & family friendly area -other neighborhood pros & cons 2. Any suggestions, advice, or experiences with purchasing a foreclosed condo? -Negotiation tactics, -closing & title insurance fees, -dealing with the Bank -any issues or unforseen fees with a foreclosed property Many thanks!!!

  • Answer:

    closing costs average 6% of the purchase price

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