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Looking for a bank owned condo? Some Tampa Bay condominium complexes have seen prices fall by over 60%. Foreclosure condos, however, can present challenges when it comes to financing, the cost of repairs, the home owner association and other risk factors. Savvy buyers and investors seek to purchase in stable complexes for no more than 80% of market value minus the cost of repairs. Contact the Bohannons for strategies to evaluate and buy bank repos while avoiding major traps. Follow these links for Tampa Bank Owned Foreclosed Condos for sale.