Bank Owned

Florida Mortgage Delinquencies WORST in U.S.-Tampa Foreclosures Creating the Come Back of the BIDDING WAR.

“Florida continues to be the worst state in terms of delinquencies with 26 percent of Florida mortgages one payment or more past due as of December 31st.  20.4 percent of Florida mortgages are 90 days or more past due or already in the process of foreclosure.  Nevada is the second worst state with 24.7 percent … Continue reading Florida Mortgage Delinquencies WORST in U.S.-Tampa Foreclosures Creating the Come Back of the BIDDING WAR.

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What is an REO Property?

Every hear of the term “REO”?  This is more commonly known as a bank owned home or property for sale…..here are some interesting things to know when looking for a REO property. Real estate owned From Wikipedia, the free encyclopedia Real estate owned or REO is a class of property owned by a lender, typically … Continue reading What is an REO Property?

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What to know before you buy a home at auction-Tampa, Fl

Home Auctions, Tampa Florida. When I saw a commercial on TV advertising Home Auctions in Tampa, I thought I’d check it out. I called the auction company and they explained to me that you can place a bid online, or show up at the auction and see the home the day before.  There were only … Continue reading What to know before you buy a home at auction-Tampa, Fl

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The best Real Estate Deals are bank owned-Tampa, Fl

I thought this was a great article for people looking to buy a home in the Tampa Bay Housing Market. Many clients that are purchasing homes now always ask me what the difference is between a bank owned and short sale property. This news article is the short version as there are many details involved in the … Continue reading The best Real Estate Deals are bank owned-Tampa, Fl

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Why Bank Owned is Better than a Short Sale if you need to close quick-Tampa, Fl

The past 3 weeks have been like a flood gate opening in the Tampa real estate market. I’ve seen more activity from interested buyers than I’ve seen in the past 3 years. Everyone is recognizing that now is a great time to buy. I’ve been working with a buyer who is being transferred with the … Continue reading Why Bank Owned is Better than a Short Sale if you need to close quick-Tampa, Fl

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