North County Properties Commences Foreclosure Bus Tours

Local Real Estate Company Offers Tours of Foreclosed Properties Throughout Palm Beach County Starting With the Jupiter/Tequesta Area

To showcase some of the best deals among thousands of properties that have been repossessed by lenders in Palm Beach and Martin County, North County Properties (NCP) is launching the "Living in Paradise Dream Home Tour." In February and March, the company will take prospective buyers on a four-hour guided search for bargains within the Palm Beach County residential foreclosure market. The tour's first stop: Jupiter and Tequesta on Saturday, February 23 from 10am to 2pm, lunch included.

"The real estate market in the North County area has made a big correction and now is a great time to buy a single family home, condo or townhouse, especially if you take advantage of bank-owned foreclosures," said Andrea DiRico, an NCP Broker-Associate. "We've seen the foreclosure bus tour concept work very well in California, Michigan and Nevada where foreclosure numbers are high like Florida. For our foreclosure bus tours, we've cherry-picked the absolute best deals in the area. It's a great opportunity for first time homebuyers or anyone looking to invest."

Large inventories of "real estate owned" (REO) properties have made lenders increasingly willing to negotiate. Many of the homes that will be seen on NCP's foreclosure tours have been marked down hundreds of thousands of dollars from their 2005-2006 prices.

In addition to touring foreclosed properties, NCP will offer helpful information for people looking for a home in this buyer's market. The information provided includes the home buying process, strategies for buying from a bank as well as loan and resale information. A seasoned local mortgage broker and experienced home inspector will be on hand to provide specific assistance.

The foreclosure bus tour is only $20 per seat with lunch provided by Bagel Bistro. To RSVP or for more details, call North County Properties at 561-427-0470, or send an email to ADiRico@NCPflorida.com.

North County Properties is a full-service real estate firm offering residential and commercial sales and leasing, builder representation and consulting, as well as mortgage and real estate auction services through exclusive partnerships. NCP is located in the Keene Building at 19510 US Highway One N in Tequesta, halfway between Tequesta Drive and County Line Road. For more information, please visit the NCP website at www.NCPflorida.com.