The bright-green foreclosure bus pulled up Sunday afternoon to the bedraggled little house on Apple Street in San Carlos Park, victim of a real estate boom turned bad.
Out poured the 10 or so would-be investors, scoping out the 912-square-foot cottage taken back in foreclosure by Freemont Investment & Loan.
In May 2005, near the height of Lee County’s real estate frenzy, it had sold for $153,000 — a bargain at the time.
Now the bank is asking only $59,900: 38 cents on the dollar.
The bus belongs to Marc Joseph of Marc Joseph Realty in Fort Myers, local representative of a nationwide trend: Such tours have been popping up around the country.
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