best places to live in broward county? (Fort Lauderdale, Hollywood: apartment complexes, foreclosures)

[sdlabound]

Greetings,
Could anyone suggest nice places to live around broward county and best areas for foreclosure properties?
How are the cities of aventura, hallandale & hollywood?

Any areas to avoid?

Any suggestions much appreciated.

[housingcrashsurvivor]

just looking at the map of south broward/north dade (based upon your suggested cities) on realtytrac.com and guessing based upon the number of foreclosures in each zip code shown i'd say look at:

33019 - 840 foreclosures (beach side mainly, not near us1)
33009 - 1234 foreclosures (look towards icw, again away from us1)
33160 - 1058 foreclosures (check out sunny isles in particular)

realize, however, that where you find the most foreclosures is also where you'll find a majority of the subprime mortgage holders.

[HollywoodNights]

Hollywood is going to have a lot of foreclosures, but then again I wouldn't want to live there. I'd flat out just avoid it. Look more in Pompano, Fort Lauderdale and Deerfield.

[fauve]

Hell, there are 1000 pre-foreclosures in just one zip of Weston alone.

[compelled to reply]

Originally Posted by HollywoodNights

Hollywood is going to have a lot of foreclosures, but then again I wouldn't want to live there. I'd flat out just avoid it. Look more in Pompano, Fort Lauderdale and Deerfield.

I would take Hollywood over Pompano ANY day. Pompano has nothing resembling Hollywood Lakes, Emerald Hills, etc, where on the other hand Hollywood has nothing resembling Collier City or really most of Pompano west of US1. The only thing I would say is worse in Hollywood is the US1 corridor itself. Ft. Lauderdale is nice to the east of Dixie Hwy, but very expensive and congested.

Anyway, I think the best deals for foreclosure properties is probably west Miramar, west of 148th Ave. Lot's of nearly new, large homes to be found for low prices in comparison to similar areas (Pembroke Pines or west Sunrise for example), and with the exception of a few transient apartment complexes, the area isn't bad at all.

Really, anywhere in Broward County is going to have an abundance of foreclosures, it's just a matter of where you want to live (east or west). Most of the cities have their good and bad. I would say most of the coast is desirable, and Parkland, Weston, western Davie and Cooper City are the most desirable areas on the west overall.

[AttilaLaczko]

An important note on foreclosures, the banks are taking cash buyers over financed deals - the irony of the foreclosure situation is that many of these homes will go to an investor, NOT a family looking to pick up a home on the cheap. ALSO, don't be surprised if you end up competing on a foreclosure with 20 other buyers. Lots of competition for these homes, and if you have cash you will beat out almost all of the other buyers.

[sdlabound]

I appreciate your reading my post & your replies.

[Just1Lion]

Originally Posted by compelled to reply

Really, anywhere in Broward County is going to have an abundance of foreclosures, it's just a matter of where you want to live (east or west).

why are there so many forclosures in Broward Co?

[mikez300]

Originally Posted by Just1Lion

why are there so many forclosures in Broward Co?

Paying for home that was valued extremely high and getting 100% financing without income verification. This is the same for all over the country, just very bad here and other states.