Don't feel as though repos/foreclosures are exclusive to particular areas of TV. There was a house across the street from ours in Duval that went into foreclosure and became a bank owned property. The entire process seems to take quite a while for it to conclude and for a bank to put the house on the market. This particular property sat unattended for several years......and all of the utilities were turned off during that time! Electric, water (potable and irrigation), gas, etc. Some of the neighbors pitched in to help keep what was left of the grass mowed in an effort to help keep the place fairly presentable from the outside. But one neighbor told me he'd seen inside the place and it was going to need some work, particularly to address mold issues.
Long story short, a couple bought the home for a very good price then put a BUNCH of money into it to make it right - cut the drywall up about 3', brought in the mold mitigation team, sprayed what was needed, replaced the drywall, all new flooring, mostly new landscaping, and got back on making the lawn look nice. And as a result they have a very nice house and are great neighbors!
Bill
