Foreclosures and Bank Owned

Hiring an attorney to represent you in a SHORT SALE?

Selling your home as a short sale in the Tampa Real Estate Market is no easy task. Clearly, negotiating a successful short sale is even more difficult. It will require countless hours of phone time and inevitable frustration. It is highly recommended that you enlist the services of a professional to perform negotiations on your … Continue reading Hiring an attorney to represent you in a SHORT SALE?

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What Should I Offer On a Foreclosure? Expert Insights You Should Know!

Here’s 3 key factors to consider when negotiating offers on a foreclosure. I’ve based this on an example of a condo listed for sale in Tampa, Fl at $149,900. By the way, the unit originally sold for $269,000 back in 2005. In this case the bank has already priced it at the lowest price per … Continue reading What Should I Offer On a Foreclosure? Expert Insights You Should Know!

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Towers of Channelside Almost Sold Out! Tampa, Fl

The Towers of Channelside and the Channelside District Yesterday the St. Pete Times reported that now, only 29 of 257 units remain for sale by the developer in The Towers of Channelside. The Towers boasts two 28-story buildings, which includes eight grand penthouses. Only five of the eight grand penthouses are still available. Pricing is … Continue reading Towers of Channelside Almost Sold Out! Tampa, Fl

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Towers of Channelside-Bank releases NEW pricing!-Tampa Real Estate update

Towers of Channelside Update- Many of you have been patiently waiting for the new pricing and release of condos in The Towers of Channelside. Now that the bank has taken over, your opportunity to buy at amazingly low pricing is here. FOR A LIMITED TIME ONLY: Bank Released New Pricing Price Ranges are as follows: 1 … Continue reading Towers of Channelside-Bank releases NEW pricing!-Tampa Real Estate update

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More Bankrupt Developments Liquidated-Clearwater/St. Pete, Fl

It will be interesting to see what these condos will sell for, or if they will turn into rentals. In the Tampa Bay Real Estate Boom the Opus South Condo Tower Developments orginally listed at an average sale price of 700K. The two developments have been purchased for an average sale price of 137,00 per … Continue reading More Bankrupt Developments Liquidated-Clearwater/St. Pete, Fl

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Foreclosure Rates show 50% increase Tampa,Fl

Foreclosure activity continues to rise in Tampa Bay Tampa Bay Business Journal There is little good news in a new foreclosure report from First American CoreLogic that shows more increases year-over-year in families losing homes. But the Tampa Bay region is doing better than Florida as a whole. Foreclosure rates in August 2009 were 8.58 percent … Continue reading Foreclosure Rates show 50% increase Tampa,Fl

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What to know when purchasing Bank Owned, REO homes in the Tampa Bay area.

BANK OWNED PROPERTIES Q&A Q. What is a bank owned property or REO? More commonly referred to as a FORECLOSURE A. It is NOT a short sale. The bank has already foreclosed on the property. The bank is the seller/owner. Q. How do I make an offer? A. Through a Real Estate Agent. You will need proof of … Continue reading What to know when purchasing Bank Owned, REO homes in the Tampa Bay area.

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Bad news on foreclosure filings-Tampa, Fl

Last week, RealtyTrac reported no real letdown in the endless bad news on foreclosure filings. August foreclosure filings were reported on 358,471 U.S. properties, a slight decline of one percent from July but 18 percent over August 2008. We’re on track for a 4 million foreclosure year. Last year, foreclosure filings were reported on 2,330,483 … Continue reading Bad news on foreclosure filings-Tampa, Fl

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HomePath Loans and First Look Program for Fannie Mae Foreclosed homes-Tampa, Fl

How the Homepath program works: Fannie Mae’s new HomePath REO Mortgage Loan Update! Don’t wait Buyer Incentives now available through the deadline October 31, 2011 Fannie Mae, the agency sponsored by the U.S. government to help make housing more affordable to all Americans, now offers HomePath, a special new home loan to finance the sale of its … Continue reading HomePath Loans and First Look Program for Fannie Mae Foreclosed homes-Tampa, Fl

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BEST Guide to Real Estate Investing, Foreclosures and More!

A friend, author and colleague of mine Dan Auito, just released a new Real Estate Investing Book called “Be A Real Estate Heavyweight.” This is a real estate investing tool and resource. Learn how to invest in foreclosures and bank-owned REOs There are many wanna be real estate investors out there and in today’s Real … Continue reading BEST Guide to Real Estate Investing, Foreclosures and More!

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How to Buy a Foreclosure in Tampa Bay-Foreclosure Statistics Tampa, St. Pete, Clearwater

During the month of March, 2009 In Florida, one in every 282 homeowners received a foreclosure notice. In the U.S. One in every 538 American households received either a default notice, auction sale notice or bank repossession, according to RealtyTrac’s U.S. Foreclosure Market Report. With foreclosure filings up 57 percent from a year ago, (Source: RealtyTrac.) … Continue reading How to Buy a Foreclosure in Tampa Bay-Foreclosure Statistics Tampa, St. Pete, Clearwater

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