Website to Handle Abundance of Luxury Foreclosures

PRLog (Press Release) - Aug. 23, 2011 - Affluent real estate properties are no longer immune to the foreclosure process.  Banks are being forced to take aggressive action in unloading their glut of luxury homes.   “In the recent past, there had been a stigma associated with the foreclosure process relating to luxury homes, “according to Rande Friedman, Realtor with Keller Williams Tampa Properties.  “And now, the goal is to regain proceeds as quickly as practical.”

Friedman, a successful real estate agent, saw the need for a well designed and informative website for customers searching for this level of properties.  Starting with the Tampa Bay Area, PoshForeclosures.com has links for neighborhoods, lifestyles and types of properties.  Making the experience more enjoyable, there will be a daily “PoshForeclosure Minute”, which includes a virtual tour of a featured property.

On the website there are estates that were listed at $1.5 million in 2006 and are now being sold for $500,000.  “All buyers are expecting great deals these days and upper end buyers are especially savvy,” says Friedman.  

PoshForeclosures.com is a website created by Rande Friedman, REALTOR® with Keller Williams Realty, in 2011 to give affluent home buyers an easy and interactive way to access luxury properties that are foreclosures and short sales.


For more information or to schedule an interview, please call Rande Friedman at (813)943-2677  Rande@PoshForeclosures.com
http://poshforeclosures.com/

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Luxury property and homes that are bank owned, foreclosed, short sales or in foreclosure. Daily PoshForeclosure minute, video of on the market properties.