Just north of Naples in South West Florida, you will find the beautiful, natural area of Bonita Springs. The beaches are lined with many delightful cottages and larger homes and the interior of this community is demarcated by a new golf course. Resident here enjoy a superb lifestyle of water sports, sun, sand and everything that goes with this. But much like the rest of the Sunshine State, the economy has been marred by the glut of foreclosures available; real estate in pre-foreclosure and foreclosure is readily available for the smart investor.

Bonita Springs is an investors' paradise, it is a buyers market and living here is living a lifestyle like no other. If you are thinking of relocating to this area, or possibly even purchasing investment property, then get yourself a savvy agent; one who is familiar with the short sale or pre-foreclosure market as these sales are often only made public to realtors by means of an MLS.

Properties in Florida are being listed at prices which may seem to be too good to be true, but actually aren't, this is real! The prices of prime housing have dropped tremendously in this area due to the real estate slump. A short sale may not be as simple to pursue as many people have been led to believe, but with the right real estate agent on your side it is possible to find a pre-foreclosure or short sale at well below market price.

A short sale occurs when the lender of the seller has agreed to accept less than the balance owed on an outstanding mortgage loan. This is done when a home owner is not able to pay their mortgage any longer, and there is any number of reason for this. But chiefly this is due to the massive drop in real estate market values, ARM's and the poor economy.